Kerry Logistics stays bullish as profits decline in a 'tough market'
Hong Kong-headquartered 3PL Kerry Logistics Network (KLN) today was the latest freight service provider to ...
Debt-laden HNA Group’s efforts to shift air cargo handler Swissport from its books appear to have moved forward. Bloomberg, citing “people familiar” with the matter, claims Canadian asset manager Brookfield has emerged as the preferred bidder. Should the deal go ahead, Bloomberg says, this would be the Chinese conglomerate’s biggest disposal since unloading Hilton Worldwide in April. Alongside handling services, Swissport also provides ticketing, cabin cleaning and aircraft maintenance. The report suggests the deal could amount to as much as $3bn.
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