Business

Reports: DSV outlines job and investment plans if it lands DB Schenker

DSV has reportedly outlined how it would protect jobs and invest in DB Schenker following a leading German union expressing…

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Scan Global seals deal for Blu Logistics Brasil

Scan Global Logistics (SGL) has completed the acquisition of freight forwarder Blu Logistics Brasil Transportes Internacionais LTDA to extend its…

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DP World acquires Cargo Services Far East

DP World has completed the acquisition of Hong Kong-headquartered Cargo Services Far East Ltd to expand into retail and fashion…

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Leading German union backs CVC bid for DB Schenker

Leading German trade union Ver.di has reportedly given its backing to the CVC-led private equity consortium bidding to take over…

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Reports: DSV and CVC bid €14bn for DB Schenker

DSV and a private equity consortium led by CVC have reportedly individually put in binding bids of around €14bn for…

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Alaska promises Hawaiian a warm welcome as merger clears hurdle

Alaska Airlines’ acquisition of Hawaiian Airlines has cleared a major hurdle after the Seattle-based carrier said on August 20 that…

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Freightos acquires Shipsta

Online booking and rate firm Freightos has acquired multimodal tender procurement platform Shipsta to expand its spot pricing, quoting, and…

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Hyundai Glovis confirms Asiana cargo stake

Hyundai Glovis has confirmed it will invest in a consortium led by Air Incheon as part of plans to acquire…

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Korean signs Asiana cargo sale agreement with Air Incheon

Korean Air has today signed a “basic business sale agreement” with Air Incheon for Asiana Airlines’ cargo business. The agreement…

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Air Incheon gains support for Asiana cargo bid

Air Incheon’s plan to acquire Asiana Airlines’ cargo business is gaining momentum with reports that Hyundai Glovis may invest in…

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