CMA CGM Air Cargo fleet almost doubles with Air Belgium buy
CMA CGM Air Cargo has expanded via the acquisition of Air Belgium’s cargo operations. The deal ...
Singapore Post is eyeing a 38% stake in Australian 3PL Freight Management Holdings for A$85m (US$60m) in cash.
The post company’s subsidiary, SingPost Logistics Holdings, agreed on Friday a conditional purchase that will see SingPost set up a new holding company in Australia, reports The Straits Times. SingPost said the acquisition was in line with its strategy of becoming “a leading e-commerce logistics solutions provider” focused in Asia Pacific.
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