Business

Acquisitions

Nippon Express taps into pharma market with MD Logistics acquisition

By Rachelle Harry

Japan-based logistics firm Nippon Express has completed the acquisition of US-based headquartered MD Logistics in a deal worth $51m (¥ 5.5bn)….

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Global health crisis and acquisition impact DSV Panalpina Q1 results

By Rachelle Harry

DSV Panalpina saw revenues and airfreight volumes increase in the first quarter of the year, thanks to its acquisition of…

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Bolloré Logistics expands Nordic presence

By Damian Brett

Bolloré Logistics has expanded its presence in the Nordics with the acquisition of a majority stake in the Swedish company…

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Imperial partners with MEX as they take aim at African market

By Damian Brett

Imperial has entered into a partnership with Turkish freight forwarder M Ekspres (MEX), which will see the creation of a…

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Forwarder Delmar expands US presence with Rotra acquisition

By Damian Brett

Canadian freight forwarder Delmar International has announced the acquisition of Rotra, LLC and Rotra Brokerage Services, Inc. Delmar said the…

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DSV Panalpina confirms thousands of jobs to go as integration continues

By Damian Brett

Freight forwarder DSV has confirmed to Air Cargo News reports that suggest thousands of jobs will be cut as a…

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Reports re-emerge suggesting Swissport is up for sale

By Damian Brett

Reports have re-emerged suggesting that cargo handler Swissport is up for sale. Reuters reports that the handler’s owner, China-based conglomerate…

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DSV Panalpina registers improved airfreight volumes but margins in focus

By Damian Brett

DSV saw airfreight revenues and volumes improve last year thanks to its acquisition of Panalpina in August, but margins came…

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Global Transport Solutions launches 2020 buy and build strategy with Airsped

Global Transport Solutions Holding (GTS) has completed the first of four planned acquisitions in 2020 after buying Airsped Logistics, a…

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Avia Solutions to buy freighter operator Bluebird Nordic

Avia Solutions Group, which owns UK broker Chapman Freeborn and freighter operator Magma Aviation, is to acquire 100% of cargo…

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