A week after news broke about a potential acquisition that would see a combination of the world’s top ground handlers, Singapore-based catering and gateway services SATS Ltd has announced a proposal to acquire Paris-based air cargo handler Worldwide Flight Services at an enterprise value of €2.25 billion ($2.1 billion). SATS will acquire WFS from an affiliate of investment firm Cerberus Capital Management (Cerberus) and pay about €1.2 billion (US$1.2 billion) in cash. The deal will be … [Read more...] about SATS to become largest handler with WFS merger
Asia Pacific air freight
CEVA Logistics adds stations for Li-batt shipments
CEVA Logistics has added five more stations to its network of air freight locations certified under the CEIV Lithium Battery program. The logistics operator announced this at the IATA World Cargo Symposium last week. CEVA’s locations in Frankfurt, Incheon, Shanghai (PVG), Singapore and Tokyo will now join the Amsterdam and Hong Kong air freight stations as CEIV certified in the handling of lithium batteries. The company also expects to receive the certification at two US locations in … [Read more...] about CEVA Logistics adds stations for Li-batt shipments
Toll Group names new boss for forwarding division
Toll Group earlier this month named Matthew Warrington as president of its global forwarding division. Matthew joins Toll from Boston Consulting Group where he was a partner and director, leading the supply chain practice area for ANZ. With more than 30 years of experience in contract logistics and freight forwarding, Harrington has worked on both the customer and operator sides with global companies like Linfox, BevChain, Visy Group and GrainCorp. He joined Toll 18 months ago to … [Read more...] about Toll Group names new boss for forwarding division
Awery adds feature for dangerous goods shipments
IT service provider Awery Aviation Software has partnered with Dutch company DGOffice B.V. to automate dangerous goods documentation compliance. DGOffice is helping Awery incorporate its Notification to Captain (NOTOC) module into the latter’s platform. The software will provide users with all required information to prepare shipments in accordance with the ICAO and IATA dangerous goods guidelines, including regulations, documentation, and packing. Tristan Koch, commercial chief at Awery, … [Read more...] about Awery adds feature for dangerous goods shipments
Hermes partners with SPEEDCARGO in Singapore
UK-headquartered software provider Hermes Logistics Technologies (HLT) has partnered with Singapore-based SPEEDCARGO, which specialises in AI and robotics, to further automate cargo handling at Singapore’s Changi Airport. Hermes said the integration between SPEEDCARGO’s CARGO EYE solution and HLT’s New Generation (NG) Ecosystem at the point of cargo acceptance will make enhanced digital information of physical cargo available within the Hermes CMS. “With this collaboration, the ground … [Read more...] about Hermes partners with SPEEDCARGO in Singapore
Janet Ang joins Crane Worldwide to lead industrial
Houston-headquartered Crane Worldwide Logistics has appointed Janet Ang as global vice president for industrial, based in Singapore. Ang has spent 25 years in the 3PL market, residing in Shanghai, Amsterdam and Los Angeles. She joins Crane Worldwide from Ceva Logistics, where she spent six years, most recently as VP consumer and retail for Asia Pacific. She has also worked at DHL. “It is imperative that we bring the best people in the business to Crane Worldwide Logistics as we continue … [Read more...] about Janet Ang joins Crane Worldwide to lead industrial
