April 2019
DSV announced on April 1st that the company is acquiring Panalpina by way of a public exchange offer to all Panalpina shareholders.
If the offer is successful, DSV and Panalpina will become one of the world’s largest transport and logistics companies with a pro forma revenue of approximately DKK 118 billion and a workforce of more than 60,000 employees operating in 90 countries.
Peter Ulber, Chairman of the Board of Panalpina, explained ...
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DB Schenker, one of the leading global logistics providers has announced a strategic partnership with
ChannelAdvisor Corporation, a leading provider of cloud-based e-commerce solutions that enable brands
and retailers to increase global sales. The partnership will help enable DB Schenker’s customers to connect
with over one hundred selling channels supported by ChannelAdvisor.
The turnover ...
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As of April 3, Noatum Logistics has completed its acquisition of MIQ Logistics. With this purchase, Noatum Maritime, the parent group of Noatum Logistics, is now directly present in 26 countries with over 2,400 employees with gross revenues exceeding $1 billion.
"We have completed the purchase of MIQ Logistics because the ...
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Port Canaveral cargo operations reached another highpoint recently with the arrival of the Aframax tanker ProStar at North Cargo Berth 2 for its first delivery in North America to discharge 442,131 barrels of jet fuel at Seaport Canaveral. Built in 2018, the 820-foot-long, 144-foot-wide ProStar, with a crew of 23 ...
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Air transport pioneer, Yang Ho Cho, 70, Chairman and CEO of Korean Air and the Hanjin Group, died peacefully April 7 in a Los Angeles hospital after a brief illness.
Mr. Cho’s reach extended far beyond Asia. He was a founder of the Skyteam international airline alliance and led the bid ...
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The Port of Savannah handled more total containerized cargo and more intermodal rail volume, with greater connectivity and velocity, than any March on record, the Georgia Ports Authority reported.
While the port handled more than 410,000 TEUs last month, an increase of 15.5%, rail volumes spiked by 26% for a total ...
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AirBridgeCargo Airlines has transported a record breaking 40-tonne shipment, showcasing the advantages of its dedicated ‘abcXL’ product.
The 8-meter long single spare part – weighing 37,500kg - was trucked from the Belgian plant of Jan De Nul Group, a leading maritime construction company, to Frankfurt, as part of the transportation organized ...
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Several hundred importers, exporters, customs brokers, truckers and all others impacted by the new realities on southern border cargo and passenger crossings, received an update from Customs and Border Protection, Dept. of Homeland Security on April 4. Recognizing the unprecedented nature of the pressure being imposed on CBP, key participants ...
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Turkish Cargo, the accomplished air cargo brand, ranked first at "Cargo Airline of The Year Group B’' level with the highest score in the air cargo transportation evaluation criteria at the ‘’The 3rd ICN Awards" ceremony held on March 21 by the Incheon Airport.
Turkish Cargo kept raising the achievement bar ...
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