Kerry Logistics Network has acquired a majority stake in French freight forwarder Business By Air SAS (BBA) to strengthen the…
Business
IATA stats show 18% increase in cargo demand for January
05 / 03 / 2024
Air cargo demand increased by a “remarkable” 18.4% year on year in January – the second month in a row…
E-commerce and perishables lift K+N after Q4 airfreight volume decline
04 / 03 / 2024
E-commerce and perishables business helped soften the blow of a drop in airfreight volumes for Kuehne+Nagel (K+N) in the fourth…
CMA CGM completes Bolloré Logistics acquisition
29 / 02 / 2024
The CMA CGM Group has completed its largest acquisition since its formation with the takeover of Bolloré Logistics from the…
IAG Cargo revenues drop 28% year on year
29 / 02 / 2024
IAG Cargo saw a steep drop in year on year commercial revenues in 2023 against a backdrop of sustained soft…
Bolloré’s contract logistics business grows with acquisition
28 / 02 / 2024
Bolloré Logistics’ contract logistics subsidiary, Bolloré Solutions Logistiques (BSL) has acquired STEF Logistique Santé (SLS) to grow its contract logistics…
FedEx Express opens regional headquarters
27 / 02 / 2024
FedEx Express has opened new regional headquarters in Singapore to support its operations in Asia Pacific, Middle East, and Africa….
Lower leasing demand takes the shine off ATSG earnings
27 / 02 / 2024
Reduced demand for aircraft leasing, passenger operations and flying for the US military combined to pull down revenue at ATSG…
Freightos tops a million transactions
27 / 02 / 2024
Freightos handled over a million transactions in 2023 according to its full-year results, published on 26 February. The digital booking…
European Commission approves CMA CGM takeover of Bolloré Logistics
26 / 02 / 2024
The European Commission has approved CMA CGM’s proposed acquisition of Bolloré Logistics, bringing the shipping giant one step closer to…