CMA CGM buying Wincanton
- Latest News
- Sunday, 21 January 2024
French shipping firm CMA CGM is to buy British logistics firm Wincanton in a deal worth about US$700 million.
French shipping firm CMA CGM is to buy British logistics firm Wincanton in a deal worth about US$700 million.
Dominic Toh has been appointed director Trans Global Projects (TGP) Singapore.
Colin Charnock, chief executive TGP said: "Toh brings nearly three decades of logistics’ experience, including from several major multinational project logistics organisations."
Worldwide Flight Services (WFS) will deploy ContourSpect 3D modelling software at selected stations across its Europe, Middle East, Africa and Asia (EMEAA) network following a successful trial in its cargo terminal at Copenhagen Airport.
The International Federation of Freight Forwarders Associations (FIATA) has released a call to action for strengthened international dialogue and monitoring between governments and industry decision-makers to ensure maritime supply chain fluidity and connectivity amidst surcharges imposed by shipping lines operating on and outside of the Red Sea and Suez Canal.
This year may herald the start of a new economic growth cycle for the global air cargo industry after last year ended with a nine per cent year-on-year rise in demand and the general air cargo spot rate reached its highest level in nine months, according to data analysis by Xeneta.
Doubts over flight access at Amsterdam Schiphol have prompted shipping giant CMA CGM and French-Dutch carrier Air France-KLM to end their air cargo alliance as of March 31, 2024.
CMA CGM is an Air France-KLM shareholder.
American Airlines Cargo says it reduced long-term plastic waste by more than 150,000 lbs, the equivalent of 8.6 million water bottles, in 2023.
After the announcement that the Korean Air takeover of Asiana was conditional on route and business divestments, four low-cost carriers are expected to bid for South Korea's Asiana’s cargo arm: Eastar Jet, Air Premia, Air Incheon and Jeju Air.
Operators expect the current Red Sea/Suez problems will prompt a steady, gradual increase in airfreight volumes if the Houthi attacks - as predicted - last for some months despite western alliance military action.
French shipping firm CMA CGM is to buy British logistics firm Wincanton in a deal worth about US$700 million.
Dominic Toh has been appointed director Trans Global Projects (TGP) Singapore.
Colin Charnock, chief executive TGP said: "Toh brings nearly three decades of logistics’ experience, including from several major multinational project logistics organisations."
Worldwide Flight Services (WFS) will deploy ContourSpect 3D modelling software at selected stations across its Europe, Middle East, Africa and Asia (EMEAA) network following a successful trial in its cargo terminal at Copenhagen Airport.
The International Federation of Freight Forwarders Associations (FIATA) has released a call to action for strengthened international dialogue and monitoring between governments and industry decision-makers to ensure maritime supply chain fluidity and connectivity amidst surcharges imposed by shipping lines operating on and outside of the Red Sea and Suez Canal.
This year may herald the start of a new economic growth cycle for the global air cargo industry after last year ended with a nine per cent year-on-year rise in demand and the general air cargo spot rate reached its highest level in nine months, according to data analysis by Xeneta.
Doubts over flight access at Amsterdam Schiphol have prompted shipping giant CMA CGM and French-Dutch carrier Air France-KLM to end their air cargo alliance as of March 31, 2024.
CMA CGM is an Air France-KLM shareholder.
American Airlines Cargo says it reduced long-term plastic waste by more than 150,000 lbs, the equivalent of 8.6 million water bottles, in 2023.
After the announcement that the Korean Air takeover of Asiana was conditional on route and business divestments, four low-cost carriers are expected to bid for South Korea's Asiana’s cargo arm: Eastar Jet, Air Premia, Air Incheon and Jeju Air.
Operators expect the current Red Sea/Suez problems will prompt a steady, gradual increase in airfreight volumes if the Houthi attacks - as predicted - last for some months despite western alliance military action.