DSV Schenker acquisition set for 30 April
Danish forwarder DSV has fulfilled all closing conditions for its acquisition of Germany-headquartered global freight forwarding and contract logistics business DB Schenker from Deutsche Bahn.
EU approves DSV's acquisition of DB Schenker
The European Commission has approved DSV’s planned takeover of DB Schenker following the acquisition announcement last year
Kingscote Rojay acquires Republic Cargo Systems
UK multimodal logistics company Kingscote Rojay Ltd has completed the acquisition of fellow UK-based Republic Cargo Systems UK Ltd
DHL boosts pharma logistics with CRYOPDP acquisition
DHL Group has acquired 100% of specialist pharma courier CRYOPDP from Cryoport and signed a supply chain service partnership with Cryoport
ANA’s takeover of Nippon Cargo Airlines delayed until May
ANA Holding’s takeover of freighter operator Nippon Cargo Airlines has been pushed back until May as the airline awaits regulatory approval
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
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
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
Tariff uncertainty continues
Following the recent news that US President Donald Trump would put in place tariff exemptions for smartphones and other tech products imported from China
Dachser revenues rise in 2024 but predicts a tough year ahead
Dachser’s air and sea division was the firm's star performer as market growth helped increase revenues by double-digit percentage levels