Market Insight: Vienna's €1.8bn cargo-partner 'on the market' – rumours spring
Another one looms
Private equity is changing the cargo handling market – and not in a good way, according to insiders.
The debt-heavy sector, which comprises numerous single-airport companies alongside a handful of global heavyweights such as Swissport and Worldwide Flight Services (WFS), is undergoing fast-paced consolidation.
And PE wants in, while the going is good.
There is talk in our circles that Greenbriar Equity Group* is now looking at Paris-based WFS, which was acquired in 2018 by Cerberus Capital Management for €1.2bn. WFS is ...
Shock for carriers as spot rates fall below long-term contract prices
Shippers to pay the penalty as ONE becomes first to apply overweight charge
MSC launches more solo services after 'meteoric' capacity increase
Explosion at Aqaba Port kills 14 after crane drops container of chlorine gas
Air cargo rates plummet alongside consumer demand for Bangladesh apparel
2022 ocean and air freight markets: a mid-year assessment
Hi-tech majors now see more investment potential in Vietnam than China
Comment on this article