DSV and Panalpina agree merger terms
DSV and Panalpina have agreed to merge to create £13.6 billion business named DSV Panalpina employing 60,000 people in 90 countries.
DSV and Panalpina have agreed to merge to create £13.6 billion business named DSV Panalpina employing 60,000 people in 90 countries.
Commercial revenue rose 7.2 per cent at IAG Cargo last year to reach €1.2 billion. Overall yield for the year was up 8.1 per cent at constant currency.
Delta Air Lines says online cargo booking has increased by 15 percentage points since 2017, and the DeltaCargo.com web site is now its number one global booking channel.
The British International Freight Association is urging its members to respond to the government’s aviation policy consultation.
The European Commission has approved the proposed acquisition of joint control over Virgin Atlantic by Air France-KLM, Delta and Virgin Group, saying the transaction would raise no competition concerns.
Demand for air freight grow by 3.5 per cent last year while capacity rose by 5.4 per cent, according to the International Air Transport Association.
FedEx Express expects to improve transit times for its European economy parcel shipments on some 40 per cent of European lanes as a result of the integration of the TNT European road network.
Etihad Cargo is to transport a consignment of 68 show jumping horses from Belgium to Hong Kong for the annual Longines Masters of Hong Kong taking place on 15-17 February for equestrian events organiser EEM World.
Warehouse REIT has acquired the air cargo centre at Glasgow International Airport, from Airport Industrial Nominees Limited for £11.1 million.
DHL Express has invested €134 million in new hub at Copenhagen Airport to increase its activities in the region.