Business

DSV signs deal to takeover DB Schenker and create world’s largest forwarder

DSV has confirmed reports that it has signed a deal to take over German logistics giant DB Schenker in a…

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Cathay ends Covid financial ties with government

Hong Kong-based Cathay Pacific Airways has completed the buyback of all of the warrants it had issued to the Hong…

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DHL Express adds capacity for Q4 peak

DHL Express is investing over €100m in transport and handling capacity to meet expected demand during the fourth quarter peak…

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Government urged to act on “alarming” Air Canada strike threat

A group of business organisations have urged Canada’s federal government to take action to avoid an Air Canada strike that…

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E-commerce fuelled capacity crunch to continue

Air cargo looks set to continue its precedent-setting volume growth driven by booming e-commerce and have a long-term bright future…

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UPS grows healthcare logistics capabilities with acquisitions

UPS has struck a deal to grow its healthcare logistics capabilities with the acquisition of Germany-based Frigo-Trans and its sister…

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Cainaio to add more e-commerce logistics hubs

Alibaba-owned Cainiao Group has revealed plans to add more global e-commerce logistics hubs (e-Hubs) that are likely to boost air…

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DHL points to a difficult Q4 as more figures confirm a bumper August for air cargo

DHL Global Forwarding’s latest market outlook has highlighted a difficult end to the year, while figures from WorldACD show buoyant…

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Air Canada expects cargo disruption with any strike shutdown

Air Canada today said that cargo operations are under threat as it is “finalising contingency plans to suspend most of…

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Hong Kong Air Cargo launches new route to Budapest

Hong Kong Air Cargo (HKAC) has launched a new route between Hong Kong and Budapest in Hungary to further expand…

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