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 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.
MPs are to look at how the growth of international trade is affecting the environment – including the impact of transporting goods.
Menzies Aviation, has acquired GTO Global Logistics Inc, a Vancouver-based logistics services provider.
DSV says it has now received acceptances for 97.98 per cent of Panalpina’s shares in its takeover bid for the company.
Demand for air freight fell 4.8 per cent in June compared to a year earlier, according to the International Air Transport Association.
M7 Real Estate has completed five new lettings totalling some 50,500 sq ft at the air cargo centre in Castle Donington. Recent lettings include DHL, HGV Direct and Norsk.
iHerb has chosen CEVA to provide air export services to Japan and Singapore from a newly opened logistics and distribution centre near Incheon Airport.
FedEx Express is boosting capacity on its Dublin-London-Paris with the introduction of a new Boeing 767 freighter.
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 Airlines chartered flight for 146 cows in partnership with Intradco Global from Houston, USA and Bangkok, Thailand.