Possible M&A target Agility reports double-digit profit growth in 2018
Just days after Switzerland-based Panalpina made an offer to purchase Agility Logistics, the Kuwaiti forwarder released its end-of-the-year financial results...
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Kerry Logistics launches e-commerce JV with E-Services Group
Hong Kong-based Kerry Logistics and e-commerce IT company E-Services Group (ESG) have entered a joint-venture (JV) to develop a fulfillment...
Freighter aircraft transactions through mid-February
SF Express took delivery of its fifty-second 757-200F. Photo: SF Express Every week in Cargo Facts Update, we include a list...
Haimen Nantong under consideration as site for Shanghai’s third airport
Speculation emerged yesterday that Shanghai’s third airport will be built in the neighboring county-level city Haimen, located within Jiangsu province’s...
Panalpina ‘in discussions’ with Agility, mulling over DSV’s revised offer
After several days of industry speculation about mergers and acquisitions (M&A) activity in the freight forwarding sector, the pas de...
FAA bumps Vietnam to Category 1 safety rating, direct flights to follow
Yesterday, the U.S. Federal Aviation Administration (FAA) granted Vietnam a “Category 1” safety rating as defined by the regulatory body’s...
Amazon growing last-mile strength, planning to go toe-to-toe with integrators?
XPO Logistics' largest customer, likely Amazon, led to missed targets for the 3PL. Might the integrators be next? Major integrators...
Fred Smith gets new heir apparent after shock exit of FedEx COO
Raj Subramaniam, current president and CEO of FedEx Express FedEx Corp. named a new No. 2 executive after company founder Fred...
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