Business

Acquisitions

Panalpina chief: We’re on the acquisition trail

Panalpina chief executive Stefan Karlen has told the Swiss business press that the forwarder is on the acquisition trail, despite…

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Panalpina shareholder urges board to consider DSV offer

One of Panalpina’s major shareholders has written to the forwarder’s board urging them to seriously consider DSV’s takeover offer and…

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Brussels approves Virgin Atlantic acquisition by Air-France-KLM, Delta and Virgin Group

The European Commission in Brussels has approved the proposed acquisition of joint control over Virgin Atlantic by Air France-KLM, Delta…

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Swissport to acquire 100% stake in Heathrow Cargo Handling

Swissport has taken 100% control of Heathrow Cargo Handling Ltd (HCH) after acquiring the 50% stake held by joint venture…

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Cargojet buys ground handler at Mirabel airport

Canadian overnight all-cargo carrier Cargojet has purchased an unnamed ground handling and ground services equipment (GSE) company at Mirabel International Airport in…

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dnata boosts freighter forwarder services with double UAE shares swoop

UAE-based ground handler dnata has increased its ownership in two Dubai-based joint venture companies, strengthening its position in the international…

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DSV move for Panalpina could spark ‘bidding war’ for forwarder

Consultant Transport Intelligence (Ti) has suggested that DSV’s move to purchase Panalpina could spark a ‘bidding war’ for the forwarder…

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FedEx to swoop on international express business of Israeli distribution firm

FedEx Express will acquire the international express business of Israeli logistics and distribution firm Flying Cargo Group. The announcement comes…

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UK forwarder market sees consolidation as Ligentia swoops on Air & Cargo Services

Freight forwarder Ligentia Group has stepped in to purchase the business and assets of Air & Cargo Services Ltd, which…

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LATAM finalises Mas Air Cargo sale

LATAM airlines has finalised the sale of its stake in Aerotransportes Mas de Carga (Mas Air), also known as LATAM…

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