Monday 19th Aug 2019 - Logistics Manager Magazine

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DSV completes Panalpina takeover

DSV completes its takeover of Panalpina today, creating DSV Panalpina, which will have sales of some £14.5 billion and employ 60,000 people in 90 countries.

DSV bid acceptances reach 98pc

DSV says it has now received acceptances for 97.98 per cent of Panalpina’s shares in its takeover bid for the company.

Air freight demand falls 4.8pc

Demand for air freight fell 4.8 per cent in June compared to a year earlier, according to the International Air Transport Association.

CEVA e-commerce service for iHerb

iHerb has chosen CEVA to provide air export services to Japan and Singapore from a newly opened logistics and distribution centre near Incheon Airport.

May air freight volumes remain weak

Air freight demand fell by 3.4 per cent in May, according to the International Air Transport Association, while capacity rose by 1.3 per cent.

AirBridgeCargo’s bovine express

AirBridgeCargo Airlines chartered flight for 146 cows in partnership with Intradco Global from Houston, USA and Bangkok, Thailand.