ABX Air “unanimously rejected” AstarAir Cargo’s proposal last month to acquirethe company for more than $450million in cash. Astar in June issued an “indication of interest” to purchase ABX and merge their air operations.Both operators are based at DHL’s hub in Wilmington, Ohio.
Related Articles
- Hellmann appoints Martin Habisreitinger as COO Airfreight
- DHL integrates the groundbreaking GEN3 Evo race car into its Formula E logistics
- DHL Supply Chain acquires a controlling interest in eFulfilment solutions company, Brandpath
- DHL Express appoints Abdulaziz Busbate as CEO for MENA Region
- DHL sees the continued importance of road freight in Southeast Asia as companies build supply chain resiliency
- Aviation and pharmaceutical experts discuss current industry trends at Vienna Cargo Day and FlyPharma Vienna 2024