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cargo-partner Sold to Nippon Express Group

Logistics Business Magazine

As cargo-partner is celebrating its 40th anniversary, company owner and founder Stefan Krauter has decided to sell the Austrian global logistics firm to Japanese stock-listed Nippon Express Holdings, the parent company of Nippon Express, APC, Franco Vago and others. billion euro in 2021, and further increased to 2.06 billion euro in 2022.

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The Impact of Fast Fashion Giants On Air Cargo

Freightos

More Resources Home The Impact of Fast Fashion Giants On Air Cargo Eytan Buchman April 25, 2024 Navigating New Horizons: The Impact of Fast Fashion on Air Cargo Rates & Dynamics The intersection of fast fashion, globalized retail e-commerce, and air cargo logistics is coming to a head with Temu and Shein’s entrance to the US market.

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Apollo-Led Group to Buy Cargo-Hauler Atlas Air for $2.9 Billion

Supply Chain Brain

An investor group led by Apollo Global Management Inc. billion, expanding its foray into aircraft leasing and charter flying as demand for air cargo cools from pandemic-era highs. is acquiring Atlas Air Worldwide Holdings Inc. for about $2.9

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Saudia Group Closing in on Order for 150+ Airplanes

Supply Chain Brain

Saudia Group is planning on announcing the order before the end of 2023, with the airplanes going to Saudia Cargo as well as Flyadeal.

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Etihad Cargo Selects ECS Group as Cargo Service Provider

Airfreight Logistics

Etihad Cargo has entered into Cargo Service Provider (CSP) agreements with ECS Group’s subsidiary company Globe Air to provide customer service, reservations, post-flight support, operations support, accounting and billing support services in the United States, United Kingdom, Germany, Netherlands, Singapore, Indonesia, and Malaysia.

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Completion of cargo-partner Acquisition

Logistics Business Magazine

is pleased to announce that, in accordance with the share transfer agreement concluded on May 12, 2023 with cargo-partner Group Holding AG and its subsidiaries Multi Transport und Logistik Holding AG, Safer Overseas Transport Holding GmbH, cargo-partner GND GmbH, and CARGO-PARTNER US HOLDINGS INC.

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Iranian-Backed Houthi Rebels Attack Israel Cargo Ship, in Latest Attack

MTS Logistics

This past Sunday, another cargo ship was attacked by Iranian-linked rebels, this time in the Red Sea. Using helicopters, Houthi rebels from Yemen seized a cargo ship, named The Galaxy Leader , that was linked to Israel. It was the latest in a string of attacks on cargo ships and threats against cargo ships, in the Middle East region.

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