Business

Freightos begins trading as a public company

By Rebecca Jeffrey

Freightos has completed its merger with acquisition company Gesher and has commenced trading as a public company on the Nasdaq…

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Air charter demand rising

By Rebecca Jeffrey

The global air charter services market is expected to be valued at $31.9bn in 2023, according to a US market…

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Lufthansa submits offer to acquire a stake in ITA Airways

By Rebecca Jeffrey

Lufthansa has confirmed it aims to acquire a minority stake in Italian national carrier ITA Airways with options for a…

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SATS shareholders approve WFS acquisition

By Damian Brett

Singapore-based SATS’ shareholders have voted to approve the planned takeover of cargo-handling giant Worldwide Flight Services (WFS). At an Extraordinary…

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GEFCO to be re-branded as CEVA following takeover

By Damian Brett

Automotive logistics firm Gefco will be re-branded as CEVA Logistics and become part of a newly created Finished Vehicles Logistics…

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Maersk completes Martin Bencher acquisition

By Rebecca Jeffrey

Maersk has completed the acquisition of Danish project logistics specialist Martin Bencher Group as it strives to diversify its supply…

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SATS seeks shareholders’ approval for WFS takeover

By Rebecca Jeffrey

SATS will hold an Extraordinary General Meeting (EGM) on January 18 to seek shareholders’ approval for the proposed acquisition of…

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Dachser takes over joint ventures in Hungary

By Rebecca Jeffrey

Logistics company Dachser has acquired the remaining 50% of the shares in its Hungarian joint ventures “Liegl & Dachser Szállítmányozási…

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What would a combined DB Schenker and DHL mean for airfreight volumes?

By Damian Brett

Last week Deutsche Bahn assigned its management board to examine and prepare the case for a potential sale of up…

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MSC’s acquisition of Bolloré Africa Logistics is complete

By Rebecca Jeffrey

MSC Group’s subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The sale, agreed in May,…

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