The transport and logistics company Gebrüder Weiss has enlarged its logistics facility at the Dunaharaszti location near Budapest. The new logistics complex covers 10,000 square meters and includes office space, a handling facility, and a high-bay warehouse. The logistics company is creating additional storage capacity for its customers. In addition, in future all Home Delivery services for the greater Budapest area will be bundled from here. The investment volume amounts to around 25 million … [Read more...] about Gebrüder Weiss enlarges logistics center in Budapest
transport and logistics
Air India reunites with original owner Tata Group
India's national carrier Air India has been officially handed over to salt-to-steel conglomerate Tata Group, successfully closing the purchase of the debt-ridden airline which was first announced in October last year. The Tatas, who founded the airline in 1932 before it was taken over by the government in 1953, paid around $2.4 billion (1.7 billion euros) after the terms of the debt were made less onerous for the buyer. The handing over culminates years-long efforts to sell Air India, … [Read more...] about Air India reunites with original owner Tata Group
Bolloré gets offer for its African logistics unit from MSC
French transport and logistics firm Bolloré Group has received an offer for 100 percent of its African logistics unit from major container shipping line Mediterranean Shipping Company (MSC Group). The deal, estimated at €5.7 billion or US$6.4 billion, includes all of the forwarder’s transport and logistics activities in Africa. Aside from ocean, air, road, and rail transport, warehousing and terminal operations, Bolloré Africa Logistics manages the entire administrative and customs procedures … [Read more...] about Bolloré gets offer for its African logistics unit from MSC
