Maersk buys out LF Logistics
- Latest News
- Thursday, 01 September 2022
Continuing its run of acquisitions, shipping conglomerate AP Moller Maersk has purchased Hong Kong's e-commerce supply chain firm LF Logistics in a deal valued at US$3.6 billion.
Continuing its run of acquisitions, shipping conglomerate AP Moller Maersk has purchased Hong Kong's e-commerce supply chain firm LF Logistics in a deal valued at US$3.6 billion.
Hong Kong's Cathay Pacific expects China's Covid policies plus supply chain problems and other issues will mean this year's peak season for air cargo is weaker than 2021.
Amy Wong becomes chief administrative officer of the U-Freight Group, tasked with supervising the day-to-day operations, HR & administration of UFL offices, whilst assisting chief executive officer, Simon Wong in analysing the operations of UFL’s global network.
Qatar Airways Cargo is pushing its 'Next Generation' project, which aims to develop employees’ skill sets as it prepares for a digital future.
The US decision to suspend 26 China-bound September flights by Chinese carriers in a tit-for-tat response to the Chinese government’s move to cancel flights by US carriers is expected to impact bellyhold cargo if China goes on to cancel US-bound flights, commentators say.
Peter Lipinski (pictured right), chief executive Aramex Oceania, has resigned effective end September and will be replaced by Andy Van Der Velde as regional vice president Oceania, with responsibility for AramexAustralia and New Zealand.
Global logistics company Aramex purchased the Australian and New Zealand operations of FastwayCouriers in 2016, rebranding the network.
Continuing its run of acquisitions, shipping conglomerate AP Moller Maersk has purchased Hong Kong's e-commerce supply chain firm LF Logistics in a deal valued at US$3.6 billion.
Hong Kong's Cathay Pacific expects China's Covid policies plus supply chain problems and other issues will mean this year's peak season for air cargo is weaker than 2021.
Amy Wong becomes chief administrative officer of the U-Freight Group, tasked with supervising the day-to-day operations, HR & administration of UFL offices, whilst assisting chief executive officer, Simon Wong in analysing the operations of UFL’s global network.
Qatar Airways Cargo is pushing its 'Next Generation' project, which aims to develop employees’ skill sets as it prepares for a digital future.
The US decision to suspend 26 China-bound September flights by Chinese carriers in a tit-for-tat response to the Chinese government’s move to cancel flights by US carriers is expected to impact bellyhold cargo if China goes on to cancel US-bound flights, commentators say.
Peter Lipinski (pictured right), chief executive Aramex Oceania, has resigned effective end September and will be replaced by Andy Van Der Velde as regional vice president Oceania, with responsibility for AramexAustralia and New Zealand.
Global logistics company Aramex purchased the Australian and New Zealand operations of FastwayCouriers in 2016, rebranding the network.