Business

Hellmann acquires Italian partner as it looks to Mediterranean expansion

Hellmann Worldwide Logistics is taking over its Italian partner as it continues to expand its European operations. Milan-based Hellmann Italy…

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Rhenus targets nearshoring with LATAM investments

Freight forwarder Rhenus Group has expanded its presence in Latin America with the purchase of BLU Logistics and the acquisition…

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Ascent Global Logistics acquired by investment firm

Time-critical logistics firm Ascent Global Logistics has been acquired by an investment firm hoping to capitalise on increasingly complex supply…

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CEVA Logistics expands in India with acquisition

French firm CEVA Logistics is expanding in India with the purchase of nationwide contract logistics expert Stellar Value Chain Solutions….

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Wallenborn withdraws from stake in Skyroad Logistics

Wallenborn will not go ahead with its previously announced acquisition of a stake in Australia-based Skyroad Logistics. Road feeder services…

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Swissport takes majority stake in Düsseldorf Airport cargo handling unit

Swissport has closed the acquisition of a 74.9% stake in Flughafen Düsseldorf Cargo, the cargo handling unit of Düsseldorf Airport….

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MNG Airlines and Golden Falcon terminate proposed business combination

Turkish freighter operator MNG Airlines has terminated its proposed business combination agreement with the specialised private equity company Golden Falcon…

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Woodland Group acquires WBS Nordic

Global logistics, freight forwarding & supply chain specialist Woodland Group has acquired WBS Nordic, a logistics supplier to the print…

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MSC acquires majority stake in AlisCargo Airlines

Mediterranean Shipping Company (MSC) has acquired a majority stake in Milan-based airfreight carrier AlisCargo Airlines. The acquisition follows MSC’s confirmation…

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Deutsche Bahn mulls DB Schenker sale options

Rail and logistics giant Deutsche Bahn (DB) is continuing to assess its options for selling its forwarding subsidiary DB Schenker….

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