Europe – Page 125
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News
DSV clears final regulatory hurdle in $1.35bn takeover of UTi
South Africa's antitrust authority has given its approval for DSV's $1.35bn takeover of UTi, the last country regulator to do so, clearing the way for the transaction to close later this week.Shareholders at US logistics player UTi have already voted in favour of the offer from the Danish forwarder, a ...
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John Good Shipping expands into airfreight
One of the UK’s oldest shipping agents and freight forwarders, John Good Shipping, has opened an airfreight division as it looks to expand in the sector.The company said that John Good Air would allow it to offer a complete logistics package; sea, road and air.The new airfreight division will be ...
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Schiphol's Cargonaut system gets funding boost
Schiphol Airport’s Cargonaut information platform will receive a funding boost of €2m in order to modernise the system.Half of the €2m investment will come in the form of a grant from Top Sector Logistics, a co-operation between entrepeneurs, research institutes and government, while the remainder will be provided by Dutch ...
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Algeria links gain from Marseille upgrade by DHL Express
An €8m investment at France’s Marseille Provence Airport by DHL Express has allowed the logistics giant to add direct links to Algeria in North Africa from the French Mediterranean hub.DHL’s warehousing capacity has more than doubled to 3,000 sq m at Marseille, and the workforce will also double to 84 ...
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LATAM expands IAG and American partnerships
The LATAM Group has announced it will expand its partnerships with oneworld alliance members IAG and American Airways as all the airlines look to expand the number of destinations they can offer.LATAM and IAG announced today that they had signed a joint business agreement to cooperate commercially on flights between ...
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Volga-Dnepr helps out on mission to mars
Volga-Dnepr Airlines has helped transport equipment and materials for the ExoMars space exploration programme.The charter airline operated three An-124-100 cargo flights for Bollore Logistics, carrying equipment for the Mars mission, which aims to discover whether life is present on the red planet.The flights, which operated on December 18, 20 and ...
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Liege and Munich celebrate 2015 cargo surges
European cargo hubs Liege and Munich both reported sizeable increases in airfreight volumes for 2015 versus prior year.Belgium’s Liege handled nearly 650,000 tonnes in 2015, a 10% surge over 2014. The airport’s general manager, Luc Partoune, said: "The new airlines – Qatar Airways and ANA Aviation – have boosted our ...
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K+N relocates to Heathrow site
Freight forwarder Kuehne+Nagel has relocated its main air cargo operations in the UK to its new Heathrow South Cargo Centre.The new dedicated airfreight hub is adjacent to the Heathrow cargo area and has security certifications including those from the Transported Asset Protection Association and IATA’s Regulated Agent programme.The warehouse, which ...
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Etihad-airberlin codeshare ban overturned
Etihad Airways has welcomed a ruling by Germany’s higher administrative court reversing an earlier judgment that had called a halt to codeshares with airberlin.Etihad said that the Luneburg court today ruled that the Middle Easter airline could continue operating 26 out of the 31 codeshare flights it has with airberlin ...
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Aeroflot to merge three airlines
Aeroflot is set to merge three of its subsidiaries to create a new airline as it looks to fill the void left by the bankruptcy of rival Transaero.Russian media reports suggest that Aeroflot will merge Rossiya Airlines, Donavia and Oren Air under the Rossiya brand.The move will leave the group ...
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News
UTi shareholders vote yes for $1.35bn takeover offer from DSV
Shareholders in US logistics player UTi have voted “overwhelmingly” to approve a $1.35bn takeover bid by DSV of Denmark, a deal that will create the world’s eighth largest airfreight forwarder.DSV said that closing of the transaction is subject to the “relevant regulatory approval being obtained from competition authorities in South ...
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Frankfurt freight figures fall in 2015
Frankfurt Airport (FRA), Europe’s number one cargo hub by volumes, saw its 2015 full year airfreight and airmail throughput fall by 2.3% to around 2.1m tonnes.FRA said that the decline was “attributable mainly to weakening global trade and economic difficulties in some emerging markets”.By contrast, the German airport’s passenger traffic ...
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NewsLufthansa tops the cargo pile in Europe for 2015 despite demand declines
Europe’s major combination carriers saw cargo volumes decline in 2015, with Lufthansa maintaining its position as the busiest of the airlines.The German carrier group was the busiest of the airlines that report monthly statistics for the third year in a row.However, it was not all good news for Lufthansa as ...
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K+N bags GSK pharma contract
Kuehne+Nagel has signed a five year pharma logistics contract with global healthcare company GSK.The Switzerland-based supply chain giant will operate an “end-to-end global logistics partnership” for GSK until 2021, running the core business of transporting products from the raw materials supplier to trade customers.Said K+N: “With numerous suppliers, a large ...
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Freight volumes down at Lufthansa Cargo as tough conditions take their toll
Lufthansa Cargo saw freight volumes decline last year as strikes, turbulence in the Chinese market and a stronger US dollar all weighed heavily on the German carrier’s results.Lufthansa Cargo carried 1.6m tonnes of freight and mail last year, which represents a 2.4% decline on 2014 levels. In freight tonne km ...
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Vigorous Brussels sees 7.8% cargo surge in 2015
Brussels Airport saw “vigorous” 2015 full year freight volumes grow 7.8% to just over 489,000 tonnes, helped by the arrival of four new cargo carriers in the full freighter segment and the development of express services at the Belgian hub.Arnaud Feist, chief executive of Brussels Airport Company, said: “The growth ...
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DHL takes a stake in French e-commerce logistics specialist
Deutsche Post DHL Group is taking a 27.5% stake in Relais Colis, a French e-commerce logistics specialist serving Europe’s third largest internet retail market.The Germany based global logistics giant said that the minority holding will “support the further development of the French e-commerce logistics specialist’s network of pickup points and ...
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WFS to acquire Consolidated Aviation Services in the US
Worldwide Flight Services (WFS), the Paris-based global air cargo handler, is continuing its expansion strategy with the acquisition of New York-headquartered Consolidated Aviation Services (CAS). CAS is one of the leading cargo handlers in the US, serving over 250 airlines.Financial terms were not disclosed and the transaction is subject to ...
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Heathrow records 2015 demand decline
The UK’s busiest cargo airport, Heathrow, ended last year with a slight decline in cargo volumes compared with 2014 levels.The west London airport, which is hoping to add an extra runway, recorded total cargo volumes of 1.5m tonnes in 2015, a 0.2% decline compared with a year earlier.However, it was ...
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European Commission approves Fedex's takeover of TNT
The European Commission has given official approval to FedEx’s $4.8bn acquisition of TNT Express.The two companies said that following an investigation, the European Commission concluded that the deal would not raise any competition concerns.The Commission said FedEx and TNT are not particularly close competitors and the merged entity will continue ...