Nippon Express Holdings has completed its acquisition of several cargo-partner businesses based in central and eastern Europe. The shares of…
Business
Air Cargo News’ most-read stories 2023
02 / 01 / 2024
The past 12 months have been another tough period for the air cargo market as a sluggish global economy transferred…
Korean Air targets completion of Asiana acquisition in 2024
02 / 01 / 2024
Korean Air said it expects to complete the acquisition of Asiana Airlines this year, as it acknowledged that the process…
DB Schenker sale process underway as firm is officially on the market
19 / 12 / 2023
Deutsche Bahn has confirmed that subsidiary DB Schenker is officially up for sale a year after it began examining the…
Abu Dhabi wealth fund eyes DB Schenker?
18 / 12 / 2023
It is just over a year ago that Deutsche Bahn announced it would examine how best to offload freight forwarding…
Realterm acquires Calgary Airport air cargo facility
12 / 12 / 2023
Global investment manager Realterm has acquired the Airfreight Logistics Centre at Canada’s Calgary International Airport to expand its transport logistics…
ECS Group expands in Latin America with latest acquisition
12 / 12 / 2023
Sales agent ECS Group has expanded its presence in Latin America with the purchase of Americas GSA. Americas GSA employs…
AIT Worldwide Logistics acquires pharma forwarder
05 / 12 / 2023
US-headquartered global freight forwarder AIT Worldwide Logistics has acquired Mach II Shipping Ltd, a UK-based freight forwarder specialising in worldwide…
Hellmann expands into Ireland with new business
04 / 12 / 2023
Hellmann Worldwide Logistics has expanded into the Republic of Ireland with the opening of its first branch. The forwarder’s new…
K+N buys Canadian customs broker
29 / 11 / 2023
Kuehne+Nagel (K+N) has purchased Canadian customs broker Farrow as it responds to “increasingly complex international trade regulations”. Farrow employs 830…