The Austrian Post (ÖsterreichischePost) has acquired 74.9 percent ofthe shares in trans-o-flex GmbH andassociated companies from Odewald &Co and Alpha Beteiligungsberatung.Odewald & Co and Alpha haveretained a holding of 25.1 percent.The transaction means that AustrianPost is strengthening its parcelsand logistics division, increasing itsEuropean reach and intensifying itsexisting successful co-operation withtrans-o-flex. Austrian post already delivers about5,000 parcels per day in … [Read more...] about Austrian Post takes stake in trans-o-flex
GSA/GSSAs
IJS Global enters UK logistics market
IJS Global Inc., the fast-growingmulti-modal freight forwarder, customsbroker and non-vessel operating commoncarrier, has entered the importantUK freight & logistics market byacquiring majority ownership in London-headquartered Lupprians CargoExpress Limited, one of the country'sleading freight forwarding and logisticscompanies. Terms of the transactionwere not disclosed. Lupprians has been re-branded asIJS Global (UK) Limited, and will offerits clients across the UK an enhancedworld-wide … [Read more...] about IJS Global enters UK logistics market
Transaero Airlines
Russian carrier Transaero Airlineswill acquire six Boeing 747s and B767sas well as five B737-500s. Currently, theairline's fleet consists of 21 aircraft,including six B747s, seven B767s andeight B737s. In September, Transaeroand Airbus signed an agreement foreight A330s. … [Read more...] about Transaero Airlines
THAILAND: Airplus Express to launch services
A Thailand aircraft charter company,Airplus Express is being created underthe umbrella of Asian Aerospace ServicesLtd, a Bangkok-based companyspecialising in small aircraft, to providea variety of special services, includingshipment of high-value cargo beforemid-2007. The airline, led by Pratheep Boonprasom,who was a major shareholderof the defunct scheduled carrier AirAndaman, seeks to provide specialair transport services for hospitals aswell. Airplus Express has secured an … [Read more...] about THAILAND: Airplus Express to launch services