Business

Kerry Logistics takes a majority stake in Business by Air

Kerry Logistics Network has acquired a majority stake in French freight forwarder Business By Air SAS (BBA) to strengthen the…

Read More

IATA stats show 18% increase in cargo demand for January

Air cargo demand increased by a “remarkable” 18.4% year on year in January – the second month in a row…

Read More

E-commerce and perishables lift K+N after Q4 airfreight volume decline

E-commerce and perishables business helped soften the blow of a drop in airfreight volumes for Kuehne+Nagel (K+N) in the fourth…

Read More

CMA CGM completes Bolloré Logistics acquisition

The CMA CGM Group has completed its largest acquisition since its formation with the takeover of Bolloré Logistics from the…

Read More

IAG Cargo revenues drop 28% year on year

IAG Cargo saw a steep drop in year on year commercial revenues in 2023 against a backdrop of sustained soft…

Read More

Bolloré’s contract logistics business grows with acquisition

Bolloré Logistics’ contract logistics subsidiary, Bolloré Solutions Logistiques (BSL) has acquired STEF Logistique Santé (SLS) to grow its contract logistics…

Read More

FedEx Express opens regional headquarters

FedEx Express has opened new regional headquarters in Singapore to support its operations in Asia Pacific, Middle East, and Africa….

Read More

Lower leasing demand takes the shine off ATSG earnings

Reduced demand for aircraft leasing, passenger operations and flying for the US military combined to pull down revenue at ATSG…

Read More

Freightos tops a million transactions

Freightos handled over a million transactions in 2023 according to its full-year results, published on 26 February. The digital booking…

Read More

European Commission approves CMA CGM takeover of Bolloré Logistics

The European Commission has approved CMA CGM’s proposed acquisition of Bolloré Logistics, bringing the shipping giant one step closer to…

Read More