Hellmann Worldwide Logistics is taking over its Italian partner as it continues to expand its European operations. Milan-based Hellmann Italy…
Business
Rhenus targets nearshoring with LATAM investments
06 / 09 / 2023
Freight forwarder Rhenus Group has expanded its presence in Latin America with the purchase of BLU Logistics and the acquisition…
Ascent Global Logistics acquired by investment firm
24 / 08 / 2023
Time-critical logistics firm Ascent Global Logistics has been acquired by an investment firm hoping to capitalise on increasingly complex supply…
CEVA Logistics expands in India with acquisition
23 / 08 / 2023
French firm CEVA Logistics is expanding in India with the purchase of nationwide contract logistics expert Stellar Value Chain Solutions….
Wallenborn withdraws from stake in Skyroad Logistics
21 / 08 / 2023
Wallenborn will not go ahead with its previously announced acquisition of a stake in Australia-based Skyroad Logistics. Road feeder services…
Swissport takes majority stake in Düsseldorf Airport cargo handling unit
17 / 08 / 2023
Swissport has closed the acquisition of a 74.9% stake in Flughafen Düsseldorf Cargo, the cargo handling unit of Düsseldorf Airport….
MNG Airlines and Golden Falcon terminate proposed business combination
09 / 08 / 2023
Turkish freighter operator MNG Airlines has terminated its proposed business combination agreement with the specialised private equity company Golden Falcon…
Woodland Group acquires WBS Nordic
07 / 08 / 2023
Global logistics, freight forwarding & supply chain specialist Woodland Group has acquired WBS Nordic, a logistics supplier to the print…
MSC acquires majority stake in AlisCargo Airlines
03 / 08 / 2023
Mediterranean Shipping Company (MSC) has acquired a majority stake in Milan-based airfreight carrier AlisCargo Airlines. The acquisition follows MSC’s confirmation…
Deutsche Bahn mulls DB Schenker sale options
31 / 07 / 2023
Rail and logistics giant Deutsche Bahn (DB) is continuing to assess its options for selling its forwarding subsidiary DB Schenker….