Shipper's logistics arm widens its focus and invests in airfreight
Yet another forwarder has decided to invest in an airline in a bid to reinvent ...
GlobalTranz and Worldwide Express are to merge in the third quarter of this year. The transaction is led by a consortium of private equity partners, led by CVC Capital and GlobalTranz’s lead investors, Providence Equity Partners and PSG. Worldwide Express investor Ridgemont Equity Partners, as well as both forwarders’ managements, will retain “a significant stake”. Chief executive of Worldwide Express Tom Madine will lead the merged company. The operators said they had “complementary strengths”, giving them market-leading products in LTL, FTL and ...
DHL Express facilities in Canada forced to shut down by strike
New Middle East conflict brings airspace closures, flight chaos and oil price worry
BYD launches logistics subsidiary – and eyes ports and shipping sectors
Shippers wanting a return to Suez should be careful what they wish for
China pushes Cosco participation in consortium eyeing Hutchison buy
Congestion at Chittagong as boxes pile up on docks and ships wait at anchor
News in Brief Podcast | Week 24 | Ship fires, geopolitics and DSV drama
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