WFS to be acquired by SATS to create the preeminent global air cargo handling platform
Worldwide Flight Services (“WFS”) today announced that SATS Ltd. (“SATS”) has reached an agreement to acquire WFS from an affiliate of Cerberus Capital Management (“Cerberus”).…
Spare parts from the cloud: DB Schenker drives digital innovations for supply chains
• First global logistics provider offering 3D printing and virtual warehouse • Supply of spare parts becomes faster, cheaper, and more sustainable • DB Schenker…
Cathay in talks with Boeing, Airbus to refresh aging cargo fleet
Cathay Pacific Airways Ltd. is in talks with Airbus SE and Boeing Co. about buying next-generation freighter aircraft as it seeks to renew and replace…
Singapore’s SATS to buy Cerberus’s WFS in $2.1 billion deal
SATS Ltd., a catering and gateway services provider, has agreed to acquire air cargo handler Worldwide Flight Services at an enterprise value of €2.25 billion…
DTNA recognizes ConMet’s outstanding service with the ‘Masters of Quality’ award
ConMet is excited to announce that three of its facilities have once again been awarded the Daimler Trucks North America 2021 Masters of Quality Supplier…
Fighter jets scrambled after bomb threat on Singapore Airlines flight from San Francisco
A Singapore Airlines Ltd. flight en-route from San Francisco was escorted by fighter jets after a passenger allegedly claimed there was a bomb in his…
Digital freight forwarder Zencargo partners with Tive, providing shippers and logistics service providers with In-transit, real-time shipment visibility into shipments
Zencargo, the London-based digital freight forwarder helping organisations make smarter decisions through a real-time overview of their supply chain, has recently entered into a partnership…
US goods-trade gap narrows to smallest since October 2021
The US merchandise-trade deficit narrowed in August to the smallest since October 2021 as both imports and exports dropped, suggesting a tailwind for economic growth…
Cargo iQ outlines 2023 plans to achieve enhanced data sharing and supply chain visibility
The organization to develop an app for truckers and to bring enhanced data analytics to members to drive quality and visibility in air cargo transportation
Heavy Load Service (HLS) live up to their name
Project Cargo Network is pleased to introduce Heavy Load Service (HLS) as our new member in the Netherlands. Based in Almelo and recommended by PCN…
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