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
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
Radiant Logistics acquires Transcon Shipping
Washington state-headquartered third-party logistics company Radiant Logistics has acquired California-based freight forwarder Transcon Shipping
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
Allstates WorldCargo acquires Saturn Freight Systems
Allstates WorldCargo has acquired fellow US freight forwarder Saturn Freight Systems to grow its business geographically
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
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
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
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
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
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
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
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
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.
Air One Belgium to appeal Air Belgium Cargo takeover decision
Air One Belgium will appeal a court decision to end its proposed takeover of the cargo business of financially troubled Air Belgium
Air France KLM Cargo sees volumes rise but revenues fall
AFKLMP saw its revenues decline in 2024 despite cargo traffic and volumes improving due to limited exposure to the fast-growing Asia market.