Deutsche Bahn is preparing for the sale of its freight forwarding subsidiary DB Schenker as it looks to focus on…
Business
Groupe BBL acquires Share Logistics Group
02 / 12 / 2022
France-based logistics service provider Groupe BBL has acquired South Holland-headquartered Share Logistics Group. The companies said that Share Logistics Group…
SATS secures funding plan for WFS takeover
01 / 12 / 2022
Aviation services company SATS has finalised its funding plan for the proposed acquisition of cargo handler Worldwide Flight Services (WFS)….
Atlas Air takeover moves ahead after shareholders’ approval
30 / 11 / 2022
The takeover of Atlas Air Worldwide Holdings took a step forward yesterday when the firm’s shareholders voted to approve the…
Wallenborn acquires stake in Skyroad Logistics
25 / 11 / 2022
Air cargo road feeder services (RFS) operator Wallenborn is acquiring a shareholding in Australian RFS firm Skyroad Logistics. The stake,…
Frankfurt-Hahn Airport sale further “delayed”
16 / 11 / 2022
The sale of Frankfurt-Hahn Airport Group has been “delayed” but operations are unaffected. Currently in administration, the Group is due…
SATS to buy Worldwide Flight Services in €2.25bn deal
28 / 09 / 2022
Singapore-based cargo handler SATS has reached agreement to buy Worldwide Flight Services (WFS) from an affiliate of asset investor Cerberus…
DHL acquires majority stake in Dutch e-commerce specialist Monta
26 / 09 / 2022
DHL Supply Chain has announced the acquisition of a majority stake in Dutch e-commerce specialist Monta. Both companies are aiming…
SATS in “ongoing discussions” over potential WFS acquisition
22 / 09 / 2022
Singapore-based handling company SATS has confirmed it is in “ongoing discussions” regarding a potential acquisition of cargo handler Worldwide Flight…
REPORTS: Deutsche Bahn to sell DB Schenker
09 / 09 / 2022
The German federal government and Deutsche Bahn have agreed to sell the state-owned rail operator’s freight forwarding subsidiary DB Schenker,…