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.
Forward Air considers sale
US transport company Forward Air is considering a potential sale or merger as part of a review of its financial performance and value.
CIS acquires Acuitive’s AcuAudit
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.
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.
Scan Global Logistics acquires ITN Logistics Group
Scan Global Logistics has acquired ITN Logistics Group
WFS swoops on Wallenborn Outsourcing and adds fourth Copenhagen facility
WFS will open a fourth cargo terminal in Copenhagen
Peso and Air One gain court approval for takeover of Air Belgium’s cargo business
Air One and Peso Aviation gain court approval for takeover of Air Belgium’s cargo business
Ardian becomes largest Heathrow Airport stakeholder
French private investment company Ardian has become the largest shareholder of London’s Heathrow Airport
Korean Air completes drawn out acquisition of Asiana
Korean Air has today completed the $1.3bn acquisition of Asiana Airlines
Stonepeak takeover of ATSG to progress as 'go-shop' period expires
Investment firm Stonepeak's $3.1bn takeover of freighter aircraft leasing giant ATSG will move ahead following the expiration of a go-shop period.
UK and Dutch investors await approval to pick up Air Belgium’s freight operations
UK long-haul freight specialist Air One Holdings International and a Dutch firm, Peso Aviation Management, are looking to take over the cargo operations of struggling carrier Air Belgium.
Reports: US approves Korean takeover of Asiana
The US has reportedly approved Korean Air's takeover of Asiana Airlines, meaning the acquisition has now cleared its last regulatory hurdle.
EU approves sale of Asiana's cargo business to Air Incheon
The European Commission has approved the sale of Asiana Airlines' cargo business to Air Incheon to enable Korean Air to move closer to acquiring Asiana Airlines.
Air New Zealand signs up for electric freighter
Air New Zealand and aviation finance firm Avolon have signed a letter of intent for the sale and lease back of an electric cargo aircraft from manufacturer Beta
Forward Air considers sale
US transport company Forward Air is considering a potential sale or merger as part of a review of its financial performance and value.