Singapore-based cargo handler SATS has reached agreement to buy Worldwide Flight Services (WFS) from an affiliate of asset investor Cerberus…
Business
DHL acquires majority stake in Dutch e-commerce specialist Monta
26 / 09 / 2022
DHL Supply Chain has announced the acquisition of a majority stake in Dutch e-commerce specialist Monta. Both companies are aiming…
SATS in “ongoing discussions” over potential WFS acquisition
22 / 09 / 2022
Singapore-based handling company SATS has confirmed it is in “ongoing discussions” regarding a potential acquisition of cargo handler Worldwide Flight…
REPORTS: Deutsche Bahn to sell DB Schenker
09 / 09 / 2022
The German federal government and Deutsche Bahn have agreed to sell the state-owned rail operator’s freight forwarding subsidiary DB Schenker,…
Growing EV Cargo acquires 75% of Air Express Cargo
09 / 09 / 2022
Freight forwarder EV Cargo has purchased a 75% stake in Spain-based Air Express Cargo as it looks to expand its…
Acquisition hungry Worldwide Flight Services targets global growth
05 / 09 / 2022
Worldwide Flight Services’s (WFS) Craig Smyth speaks to Damian Brett about the air cargo logistics company’s growth plans, while it…
Maersk continues push into logistics with latest takeover
31 / 08 / 2022
Shipping giant AP Moller Maersk has completed the acquisition of e-commerce supply chain firm LF Logistics in a deal with…
Bolloré Logistics completes acquisition of Lynair Logistics
25 / 08 / 2022
Bolloré Logistics has completed its 100% acquisition of Lynair Logistics to expand its footprint in Australia. Adelaide-based Lynair Logistics will…
Hellmann becomes sole shareholder of Peruvian joint venture
17 / 08 / 2022
Hellmann Worldwide Logistics now owns 100% of shares in the Peruvian joint venture (JV) Hellmann Worldwide Logistics S.A.C. The German…
Scan Global Logistics targets automotive with AFL acquisition
11 / 08 / 2022
Fast-growing Danish forwarder Scan Global Logistics (SGL) has acquired an automotive logistics specialist as it targets growth in the sector….