M&A radar: Kuehne + Nagel targeting Asia and Kerry is the tastiest
Regardless of why Asian operations are being restructured at Kuehne + Nagel (K+N) – here ...
So, Frankfurt Hahn is one step closer to finding a new owner after the shenanigans of last year. It appears that the preferred bidder for the airport could be China’s HNA group, which is bidding with Germany’s ADC. According to CargoForwarder, the contract could be signed next month. HNA is eyeing a three-times-a-week freighter service after frequencies suffered when Silkway reduced its services and several other cargo airlines left the airport.
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Widespread blanked sailings stave off major collapse of transpacific rates
Transpac rates hold firm as capacity is diverted to Asia-Europe lanes
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