Business

Frankfurt-Hahn Airport sale falls through

By Damian Brett

New buyers are being sought for Frankfurt-Hahn Airport group after a deal with Swift Conjoy fell through. Currently in administration,…

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GCL accelerates its expansion with automotive acquisition

By Damian Brett

Global Critical Logistics (GCL) has acquired UK-based Classic Automotive Relocation Services (CARS) as it looks to expand its geographical presence…

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Scan Global Logistics outlines benefits of new majority owners

By Damian Brett

Scan Global Logistics is hoping that its new majority owners will help the company achieve its ambitious growth plans as…

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CVC takes majority stake in fast-growing Scan Global Logistics

By Damian Brett

Fast-growing freight forwarder Scan Global Logistics has a new majority shareholder in the shape of private equity fund CVC Capital…

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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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