For this week’s instalment of the global wrap, we have a handful of announcements from week 33, including the planned freighter conversion site in Addis Ababa by IAI and Ethiopian Airlines and the completed purchase of Agility’s unit by DSV Panalpina. There’s also the latest updates from DHL Global Forwarding, BBAM’s new orders for narrowbody freighter conversions, and Qatar Airways’ global rollout with WebCargo. DSV Panalpina completes purchase of Agility’s GIL unit Danish forwarder DSV … [Read more...] about PLA Global Wrap: Week 33
DSV Panalpina
PLA Global Wrap: Week 18
In this week’s PLA Global Wrap, we feature the industry’s response to the ongoing health crisis in India, as well as the recent passing of an Airbus pioneer. We also feature Lufthansa’s latest solution, inspired by our finned friends from the deep, to reduce carbon emissions, as well as the B2B and company updates from Liege Airport, FedEx, DSV and CEVA Logistics. SpiceJet airlifts more oxygen supply to India In its most recent airlift, SpiceJet’s cargo arm SpiceXpress carrierd another 9,600 … [Read more...] about PLA Global Wrap: Week 18
DSV Panalpina acquires Agility’s GIL unit for US$4.2 billion
DSV Panalpina is set to become the world's third largest transport and logistics company as it announced the acquisition of Agility's Global Integrated Logistics (GIL). The transaction, valued at US$4.2 billion (DKK 26 billion), is the latest acquisition of the Danish company after it bought out Swiss-based Panalpina 2 years ago. DSV recently completed the integration with Swiss Panalpina, and with the acquisition of GIL, the company is set to become the world’s third largest with a combined … [Read more...] about DSV Panalpina acquires Agility’s GIL unit for US$4.2 billion
DSV Panalpina completes Prime Cargo purchase
After approval from the competition authorities, DSV Panalpina has completed the acquisition of Prime Cargo and will take over its freight, warehouse and logistics operations in Denmark, Poland and China from Japan-based international forwarder Mitsui-Soko Group. “DSV Panalpina and Prime Cargo share the same values and way of doing business, providing high quality personal service at competitive prices, and together we will be able to achieve more,” noted Henrik Nielsen, executive vice … [Read more...] about DSV Panalpina completes Prime Cargo purchase
DSV looks to boost e-commerce service with Prime Cargo purchase
DSV Panalpina is eyeing to ramp up its e-commerce game as the Danish company announced plans to acquire Prime Cargo, owned by Japanese logistics group Mitsui-Soko, including the forwarding company’s business in Denmark, Poland and China. Prime Cargo's expertise within e-commerce is well known and the company operates fully automated warehouses similar to DSV’s Oslo facility. Also read: DSV ramps up innovation at Oslo facility, works with startups on Plug & Play “Prime Cargo in … [Read more...] about DSV looks to boost e-commerce service with Prime Cargo purchase
DSV steps into self-storage business with innovative solution
DSV is relying on its warehousing know-how, as it enters the self-storage market with its innovative Smarter Storage solution. DSV will open its first self-storage building on 1 October, as part of the company’s new strategic focus on the B2C self-storage market. Aimed at consumers and small businesses, DSV’s self-storage concept, Smarter Storage, will be operated and marketed separately from DSV’s business-to-business services, but the strong DSV organisation is still behind the … [Read more...] about DSV steps into self-storage business with innovative solution
