All Europe articles – Page 125
-
News
DSV to buy UTi Worldwide for $1.35bn
DSV Group has signed an agreement to acquire US based UTi Worldwide, a global, supply chain services and logistics company with revenue of $3.9bn and 21,000 employees in 58 countries.DSV will pay $7.10 in cash per ordinary share. The total transaction implies an enterprise value of approximately $1.35bn.The combined company ...
-
News
DSV in $1.35bn takeover bid for UTi
Consolidation in global freight forwarding continues, with the announcement that Danish forwarder DSV Group has signed an agreement to acquire US based UTi Worldwide in a deal worth $1.35bn.UTi is a global, supply chain services and logistics company with revenue of $3.9bn and 21,000 employees in 58 countries.“The combined company ...
-
News
Rail services a major challenge to air in central Asia
One of the major challenges that the air cargo industry in the CIS and central Asia regions faces is the growth of rail services from the Far East, according to DHL Global Forwarding’s chief executive eastern Europe.Speaking at the Caspian Air Cargo Summit, DHL’s Kerem Inanc said there were a ...
-
News
AirBridgeCargo hopes to capitalise on domestic Russian market
AirBridgeCargo (ABC) hopes to capitalise on growth in the domestic Russian market as import demand to the country and the wider CIS region comes under pressure.Speaking at the Caspian Air Cargo Summit, ABC regional sales director Russia & CIS Oleg Makushkin told delegates that despite the difficult market conditions there ...
-
News
CAL's double first for CEIV Pharma
CAL has become the first group to implement IATA's Center of Excellence for Independent Validators Pharmaceutical Logistics (CEIV) certification for both its freighter airline and cargo ground handling operations.The Liege-hubbed group’s road feeder services and other ground handlers are also validated by the CEIV, which means it provides “end-to-end pharma ...
-
News
FedEx to benefit from Malpensa cargo expansion
FedEx Express and SEA, the Milan airport management company, have started construction on a new €15m operations base for the US parcels giant at the Italian hub.At more than 35,000 sq m, the highly-automated structure will triple the size of the current FedEx Express facility in Malpensa to become FedEx's ...
-
News
Older ULDs can pose performance risk, warns CSafe White Paper
Temperature-controlled container manufacturer and supplier CSafe Global has released a white paper highlighting the problems and risk associated with using poorly maintained container stock.The paper, entitled “Maintenance of active ULDs and its positive impact on operational performance and longevity" is authored by Jonathan Neeld, CSafe director of certification & regulatory ...
-
News
XPO Logistics bags Lynx contract
Helicopter maker AgustaWestland has appointed XPO Logistics to coordinate the handling, storage and transportation of eight Lynx Mk21A helicopters from Brazil to the UK.In an extension of a “longstanding” relationship with AgustaWestland, XPO Logistics global forwarding teams will be responsible for transporting the Lynx helicopters to the UK for a ...
-
News
Freighter operators can minimise price war impact through a balanced business
Freighter operators should look to niche markets and block space agreements in order to minimise the impact of rate wars on their business.Speaking at the Caspian Air Cargo Summit in Baku, Silk Way West Airlines senior vice president Pierre Wesner said that all-cargo airlines existed in an overcapacity market but ...
-
News
Platinum Equity completes WFS takeover
Investment fund Platinum Equity has completed the acquisition of global airport cargo handler Worldwide Flight Services (WFS) from LBO France. Financial terms were not disclosed.Platinum’s takeover of WFS – first disclosed in April this year – adds to its aviation portfolio a company present at over 145 major airports in ...
-
News
Cargolux Italia in NCA codeshare to Japan
Cargolux Italia and Nippon Cargo Airlines (NCA) have entered into a partnership agreement for codeshare cargo flights from Italy's Milan Malpensa Airport to Kansai International Airport in Japan, and from Malpensa to Tokyo's Narita airport, subject to approvals from the aviation authorities.A statement from the carriers said that the cooperation ...
-
News
Jacobs joins CHEP Aerospace Solutions
Don Jacobs will join ULD outsourcing specialist CHEP Aerospace Solutions as director, sales, marketing and key account management from October.Jacobs brings over 25 years of international experience and has held roles with Deutsche Post, DHL Express, DHL Global Mail, Aberdeen Airport, and most recently as sales director with Jettainer, a ...
-
News
Noble appointment for CEVA
Netherlands-based CEVA Logistics has appointed Clayton Noble as the new managing director of its Australia and New Zealand (A&NZ) operations.Noble joins CEVA from Fuji Xerox Australia, where as chief operations officer he was responsible for running the business’ operational functions, including supply chain, customer support, managed services, professional services and ...
-
News
Thiele joins Cargolux in Germany
Cargolux Airlines has appointed Christian Thiele as its new country manager Germany, taking over from Tony McNichol in October.The European all-cargo carrier said: "Christian Thiele is a proven cargo specialist and executive in the cargo industry. In over 30 years, he gained a comprehensive understanding of the business by building ...
-
News
Swiss gets new CEO in group realignment
Swiss has announced the appointment of a new chief executive as part of a broader realignment of the Lufthansa Group.Thomas Klühr, currently a member of the executive board of Lufthansa German Airlines, will succeed Harry Hohmeister as chief executive of Swiss in February 2016, with the position of chief operating ...
-
News
Senior appointments at IATA
IATA has made two new senior management appointments covering safety and flight operations, and airport, passenger, cargo and security (APCS).The first appointment sees Nick Careen take up the role of senior vice president of APCS. He replaces Tom Windmuller, who retired from IATA after almost 25 years.IATA said the APCS ...
-
News
Jettainer appoints Trapp as IT director
Lufthansa Cargo’s ULD management subsidiary, Jettainer, has appointed Arnd Trapp as its new IT director as it looks to enhance its container track and trace capabilities.Trapp has worked in the airfreight sector for more than 20 years, holding various management positions within the Lufthansa Group. Most recently head of the ...
-
News
Florea joins CHAMP
Air cargo IT provider CHAMP Cargosystems has appointed Gabriel Florea as the new group chief financial officer, taking over from from Susan Boulton."Gabriel brings a wealth of knowledge in finance & controlling as well as multi-cultural competence to our organisation. He is a great addition to the CHAMP team and ...
-
News
Zimmerman to lead Cargo 2000 change programme
Ariaen Zimmerman is the new full time executive director of Cargo 2000 (C2K), an IATA interest group established to lead the drive towards “enhanced quality throughout the air cargo industry”.Zimmerman is leading the group’s change programme, which will see C2K adopt a new auditing system, neutral benchmarks, and “embrace a ...
-
News
Allport lands Damco's Kenning for supply chain role
Allport Cargo Services (ACS) has appointed Alan Kenning as executive director of its Supply Chain Management (SCM) division from rival forwarder Damco.Kenning has worked in logistics and supply chain management for more than 23 years, starting as a management trainee with Maersk in 1992 and working his way up through ...