Freightos has completed its merger with acquisition company Gesher and has commenced trading as a public company on the Nasdaq…
Business
Air charter demand rising
20 / 01 / 2023
The global air charter services market is expected to be valued at $31.9bn in 2023, according to a US market…
Lufthansa submits offer to acquire a stake in ITA Airways
19 / 01 / 2023
Lufthansa has confirmed it aims to acquire a minority stake in Italian national carrier ITA Airways with options for a…
SATS shareholders approve WFS acquisition
18 / 01 / 2023
Singapore-based SATS’ shareholders have voted to approve the planned takeover of cargo-handling giant Worldwide Flight Services (WFS). At an Extraordinary…
GEFCO to be re-branded as CEVA following takeover
11 / 01 / 2023
Automotive logistics firm Gefco will be re-branded as CEVA Logistics and become part of a newly created Finished Vehicles Logistics…
Maersk completes Martin Bencher acquisition
04 / 01 / 2023
Maersk has completed the acquisition of Danish project logistics specialist Martin Bencher Group as it strives to diversify its supply…
SATS seeks shareholders’ approval for WFS takeover
03 / 01 / 2023
SATS will hold an Extraordinary General Meeting (EGM) on January 18 to seek shareholders’ approval for the proposed acquisition of…
Dachser takes over joint ventures in Hungary
23 / 12 / 2022
Logistics company Dachser has acquired the remaining 50% of the shares in its Hungarian joint ventures “Liegl & Dachser Szállítmányozási…
What would a combined DB Schenker and DHL mean for airfreight volumes?
22 / 12 / 2022
Last week Deutsche Bahn assigned its management board to examine and prepare the case for a potential sale of up…
MSC’s acquisition of Bolloré Africa Logistics is complete
21 / 12 / 2022
MSC Group’s subsidiary SAS Shipping Agencies Services has completed the acquisition of Bolloré Africa Logistics. The sale, agreed in May,…