Latest News - Page 389
CVC buys majority stake in Scan Global Logistics
CVC Capital Partners Fund VIII (CVC) has agreed to acquire a majority shareholding in Denmark-based Scan Global...
Timo Schamber appointed new Global Airfreight Director CEP at HWL
Hellmann Worldwide Logistics has appointed Timo Schamber as its new Global Airfreight Director CEP (Courier, Express,...
UPS to plan conservatively & pivot quickly in 2023: CEO Carol Tome
2023 is going to be a year of resilience for United Parcel Service (UPS), according to Chief Executive Officer Carol...
African air cargo urges countries to dream bigger together
African Air cargo is seeing bigger dreams even though it is yet to come out of the shackles of the Covid-19 pandemic....
ICS2 - challenges and way ahead
March will see the start of a new generation of controls in the European Union (EU) - the Import Control System 2...
With a peak that wasn't, air cargo rides into 2023
The Chinese New Year is usually a challenging time for global trade considering that the period is beset with supply...
DSV reports strong 2022 results
DSV reported a 33 percent increase in gross profit for 2022 on good performance across all business areas."While EBIT...
Menzies buys majority stake in AJAS, expands to Jamaica
Menzies Aviation, the world’s largest aviation services company, has acquired a majority stake in Jamaican-based AJAS,...
Edmonton Airport handles 7% more cargo in 2022
Edmonton International Airport (YEG) handled 52,000 tonnes of cargo in 2022, a 7.2 per cent increase over 2021."To...
CMA CGM Group to power logistics for Paris 2024 Olympic, Paralympic Games
The CMA CGM Group, a global player in sea, land, air, and logistics solutions has become the official partner in...
Lufthansa Cargo's first freighter takes off with AeroSHARK technology
Lufthansa Cargo's first AeroSHARK-modified Boeing 777 freighter, registered D-ALFA, took off for the first time at...
FedEx lays off 10% global management staff
FedEx announced plans to reduce the "size of officer and director team by more than 10 percent and consolidate some...
