Business

Acquisitions

FedEx strengthens Latin America operations with Cargex acquisition

By Rachelle Harry

FexEx has announced that it will acquire Colombian freight forwarder Cargex. Cargex, a specialist in the transportation of perishable goods,…

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DSV Panalpina carries out first shipment through its combined network

By Rachelle Harry

DSV Panalpina has carried out its first shipments as one company, following their merger (completed on August 19) which created…

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Panalpina announces changes to board of directors

By Rachelle Harry

Panalpina has made changes to its board of directors following its merger with DSV. The company said that it had…

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DSV-Panalpina merger creates world’s second largest airfreight forwarder

By Rachelle Harry

DSV has announced that its acquisition of Panalpina will finally be completed today in a deal worth $5.5bn. The combined…

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Swissport targets further acquisitions after refinancing

By Damian Brett

Ground handler Swissport said it will target further acquisitions following the refinancing of debt by the group. Swissport Group today…

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Menzies Aviation expands into Canada with GTO Global Logistics deal

By Damian Brett

Menzies Aviation has acquired Canada-based GTO Global Logistics as the wholesale airfreight provider gains its first foothold in Canada. GTO…

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CSafe increases European presence with new Amsterdam service centre

By Rachelle Harry

CSafe Global has opened a new service centre in Hoofddorp, the Netherlands, to increase its operational capabilities in Europe. At…

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DSV reveals air freight performance for the half year

By Rachelle Harry

DSV’s air freight volumes have slightly dipped this half-year, with amounts (in tonnes) increasing by 1% for the first half…

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Kuehne+Nagel expands perishables network with acquisition of WWP Canada

By Rachelle Harry

Kuehne+Nagel (K+N) has acquired Worldwide Perishable Canada (WWP), which further expands the perishable division of the business. Founded in 1999…

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Air Canada completes Transat acquisition

Air Canada and Transat announced today that they have concluded a definitive Arrangement Agreement that provides for Air Canada’s acquisition…

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