Kuehne+Nagel (K+N) has purchased Canadian customs broker Farrow as it responds to “increasingly complex international trade regulations”. Farrow employs 830…
Business
Swissport sells stake in its Saudi business to drive air cargo
28 / 11 / 2023
Swissport International is selling a minority stake in Swissport Saudi Arabia to Saudi business portfolio ASYAD Holding in a bid…
Dachser takes full control of South Africa JV
28 / 11 / 2023
Dachser has acquired the remaining 30% of shares in Dachser South Africa and is now the sole owner of the…
ECS Group swoops on Ireland-based IAM
27 / 11 / 2023
ECS Group said it has acquired GSSA International Airline Marketing (IAM) to expand its market share in Ireland to 30%….
Forward Air-Omni Logistics takeover dispute continues
24 / 11 / 2023
The ongoing legal battle between Forward Air and Omni Logistics over a takeover deal struck between the firms in August…
UPS completes acquisition of MNX
07 / 11 / 2023
In late September, Air Cargo News (ACN) reported on express services giant UPS acquiring time-critical logistics services provider MNX Global…
Scan Global Logistics expands into South Korea with latest acquisition
02 / 11 / 2023
Scan Global Logistics (SGL) has expanded into the South Korean market through the acquisition of its partner ENK Logistics. ENK…
Asiana board approves plans to sell its cargo business
02 / 11 / 2023
The Asiana Airlines board has approved plans to sell its cargo business as part of efforts to appease European regulators…
Asiana Airlines delays decision on the sale of its cargo business
31 / 10 / 2023
Asiana Airlines has delayed a decision on whether to sell its cargo unit as part of its takeover by Korean…
UPS to acquire reverse logistics company
25 / 10 / 2023
UPS has entered into an agreement to acquire US-based software and reverse logistics company Happy Returns from PayPal. According to…