Apollo nears $3.2B takeover of Atlas Air Worldwide
An investor group led by Apollo Global Management Inc. has agreed to acquire airfreight company Atlas Air Worldwide Holdings Inc....
Apollo nears $3.2B takeover of Atlas Air Worldwide
An investor group led by Apollo Global Management Inc. has agreed to acquire airfreight company Atlas Air Worldwide Holdings Inc....
Boeing Reverses Cash Drain, Signaling Progress in Turnaround
Boeing Co. generated $81 million in cash from its operations during the second quarter, sharply reversing its heavy cash use...
Taiwan logistics firm Morrison Express weighs $1 billion sale, sources say
Morrison Express Corp., a Taiwanese logistics company, is considering a sale of the business amid interest from potential buyers, according...
Saudi Arabia plans air cargo roadshows to lure Amazon, DHL
Saudi Arabia plans to stage a number of roadshows in the next 12 to 18 months as it seeks to...
Alphabet’s Wing develops fleet of new drones for more efficient package delivery
Alphabet Inc.’s Wing subsidiary has developed a fleet of new drone prototypes designed to more efficiently deliver packages ranging from...
Amazon and NY Port Authority scrap Newark Airport deal
Amazon.com Inc. and the Port Authority of New York and New Jersey scrapped plans for a new air cargo facility...
Zipline’s drone-delivery service approved as air carrier by FAA
A drone-delivery company that has made thousands of medical drops in Africa, including distributions of Covid-19 vaccines, was approved by...
