WFS to be acquired by Sats 
Sats has reached an agreement to acquire Wordwide Flight Services (WFS) from an affiliate of Cerberus Capital Management. The transaction is valued at an enterprise value of EUR 2.25 billion and will bring together WFS, the world’s largest air cargo handler with leadership... more
First 200 of a total 2,000 E-daily available by 2023
Rental and leasing company Petit Forestiere has signed a MoU for the supply of 2,000 E-daily chassis cabs. The delivery of the first 200 is planned for 2023. The vehicles will be fitted with refrigerated bodies by bodybuilder Lecapitaine, a wholly owned subsidiary of Petit... more
Ukraine Intl Airlines names Kyryl Zvonarov
Kyryl Zvonarov was appointed president of Ukraine International Airlines on 19 September 2022, succeeding Yevgeniy Dykhne, who has held the mandate of president of UIA since September 2019. Zvonarov has over 25 years of managerial experience in various industries, both in... more
Greater capacity on East Med and Black Sea
According to Russian media, the Delo Group is expanding capacities on its fortnightly service to and from Novorossiysk, Alexandria, Ashdod and back to Novorossiysk. The company will deploy a 630 teu vessel instead of the 466 teu unit in place. Sergey Berezkin, president of... more
A UK reach-out to Ireland
UK-based Danx Carousel has acquired the Irish company Alltrans, a full-service transportation and logistics provider which was founded by Paul Tuohy in 1993. The purchase price was not disclosed. Carousel Logistics, founded in 1986, was only recently acquired by Danish... more
Saudia Cargo extends partnership with Unilode
Unilode Aviation Solutions, a specialist in outsourced unit load device (ULD) management, repair and digital services, is extending its ULD management partnership with Saudia Cargo until 2028. Saudia Cargo has access to a fleet of 90 wide-body aircraft and flies to 87... more
New Central Europe unit for Otto
Retail and e-commerce giant Otto Group has contracted Beumer Group, a supplier of automated material handling systems, to equip a new dispatch centre in Central Europe with complete end-to-end automation. The logistics facility will be operated by the Hermes Fulfilment Group,... more
Deepak Ahuja joins Zipline
Deepak Ahuja joined Zipline, the global specialist in instant delivery, as its first ever chief business and financial officer on 30 September 2022. He brings more than 20 years of financial leadership experience to the company’s management team. In his new role, Ahuja will... more
UK waste haulier adds new tippers to fleet
Crown has welcomed four Volvo FMX 420 8x4 tippers to its fleet with a total of 16 Volvo trucks due to join its operation over the next 18 months. The new vehicles feature a D13K 420 hp Euro-6 Step E engine, capable of producing 2,100 Nm of torque. They are paired with... more
Air Canada Cargo launches service to St. John’s
Effective 1 October 2022, Air Canada Cargo’s Boeing 767 freighters will begin operating five times per week to Europe from St. John’s (YYT), with two non-stop flights per week to Frankfurt and three non-stop weekly flights to Madrid. Air Canada Cargo is the only Canadian... more