All Acquisitions articles
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CMA CGM bids for Air Belgium’s cargo operations
CMA CGM has submitted a bid for the cargo business of Air Belgium following a court decision to revoke Air One Belgium’s takeover
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Argentinian ground handler Intercargo set to be privatised
Argentinian state ground handling company Intercargo S.A.U will be privatised and sold following government concerns about its financing and operations
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Sin-Kung Logistics targets air cargo with Prima Air purchase
Malaysia-based Sin-Kung Logistics Bhd (SKL) has completed the acquisition of Prima Air Sdn Bhd to invest in air cargo
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Air Belgium cargo sale falls flat
Plans for the sale of Air Belgium’s cargo business have fallen apart after a court revoked the takeover process
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Radiant Logistics acquires Transcon Shipping
Washington state-headquartered third-party logistics company Radiant Logistics has acquired California-based freight forwarder Transcon Shipping
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WiseTech back on the acquisition trail with Opentecnología deal
WiseTech Global has entered into an agreement to acquire Opentecnología, a customs and logistics technology business specialising in customs solutions
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Allstates WorldCargo acquires Saturn Freight Systems
Allstates WorldCargo has acquired fellow US freight forwarder Saturn Freight Systems to grow its business geographically
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Asiana gets shareholder approval for cargo sale to Air Incheon
Asiana Airlines has received final shareholder approval to sell its cargo business to Air Incheon
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SG Holdings acquires top 20 airfreight player Morrison Express
Japan’s SG Holdings has acquired top 20 airfreight forwarder Morrison Express as it looks to expand its presence in the forwarding market
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ATSG shareholders approve Stonepeak takeover
Investment firm Stonepeak’s $3.1bn takeover of freighter aircraft leasing giant ATSG has taken another step forward following shareholder approval
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Accelerated Global Solutions invests in KGW to grow transpacific presence
New York-based Accelerated Global Solutions has acquired a 15% stake in KGW Logistics in order to strengthen its presence on the transpacific trade lane
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Hellmann looks to expand in the Americas following HPL takeover
Hellmann Worldwide Logistics has acquired all shares in perishable logistics specialist HPL Apollo from co-owner Mercury Aviation
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Scan Global Logistics adds presence in Tanzania
Fast growing Scan Global Logistics has opened an office in Tanzania as it looks to capitalise on agriculture, mining and infrastructure projects
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WFS Holland completes acquisition of Menzies World Cargo at Schiphol
Worldwide Flight Services (WFS) Holland has completed its acquisition of Menzies World Cargo (Amsterdam) at Schiphol
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Danx Carousel continues expansion with LPR takeover
Time-critical logistics firm Danx Carousel has continued with its expansion programme through the acquisition of Germany-based LPR Group
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UPS completes Frigo-Trans and BPL acquisitions
UPS has completed the acquisition of Germany-based Frigo-Trans and its sister company BPL, which provide complex healthcare logistics solutions across Europe.
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Forward Air considers sale
Photo: Shutterstock US transport company Forward Air is considering a potential sale or merger as part of a review of its financial performance and value. The Forward Air board of directors will consider options including a sale, merger or another strategic or financial transaction “to maximize shareholder ...
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CIS acquires Acuitive’s AcuAudit
Generic Financial funding generic Photo: Number1411/ Shutterstock 530884729 Photo: Number1411/ Shutterstock Global provider of freight audit and payment solutions Cass Information Systems (CIS) – not to be confused with IATA’s CASS settlement platform – has acquired ocean and airfreight audit platform AcuAudit from Acuitive Solutions. AcuAudit is ...
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Air Cargo News’ most read stories in 2024
2024 was a better than expected year for air cargo, according to many stakeholders in the industry. E-commerce and Red Sea-related sea to air demand helped push up volumes, although there were also plenty of challenges throughout the year. Not unexpectedly, the sale of DB Schenker, a milestone e-commerce flight ...
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Scan Global Logistics acquires ITN Logistics Group
Scan Global Logistics has acquired ITN Logistics Group