Business

Deutsche Bahn prepares for the sale of DB Schenker

Deutsche Bahn is preparing for the sale of its freight forwarding subsidiary DB Schenker as it looks to focus on…

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Groupe BBL acquires Share Logistics Group

France-based logistics service provider Groupe BBL has acquired South Holland-headquartered Share Logistics Group. The companies said that Share Logistics Group…

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SATS secures funding plan for WFS takeover

Aviation services company SATS has finalised its funding plan for the proposed acquisition of cargo handler Worldwide Flight Services (WFS)….

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Atlas Air takeover moves ahead after shareholders’ approval

The takeover of Atlas Air Worldwide Holdings took a step forward yesterday when the firm’s shareholders voted to approve the…

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Wallenborn acquires stake in Skyroad Logistics

Air cargo road feeder services (RFS) operator Wallenborn is acquiring a shareholding in Australian RFS firm Skyroad Logistics. The stake,…

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Frankfurt-Hahn Airport sale further “delayed”

The sale of Frankfurt-Hahn Airport Group has been “delayed” but operations are unaffected. Currently in administration, the Group is due…

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SATS to buy Worldwide Flight Services in €2.25bn deal

Singapore-based cargo handler SATS has reached agreement to buy Worldwide Flight Services (WFS) from an affiliate of asset investor Cerberus…

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DHL acquires majority stake in Dutch e-commerce specialist Monta

DHL Supply Chain has announced the acquisition of a majority stake in Dutch e-commerce specialist Monta. Both companies are aiming…

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SATS in “ongoing discussions” over potential WFS acquisition

Singapore-based handling company SATS has confirmed it is in “ongoing discussions” regarding a potential acquisition of cargo handler Worldwide Flight…

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REPORTS: Deutsche Bahn to sell DB Schenker

The German federal government and Deutsche Bahn have agreed to sell the state-owned rail operator’s freight forwarding subsidiary DB Schenker,…

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