Gatemore Capital Management LLP , a fund manager controlling 19% of the outstanding shares in DX confirms its support for the non-binding and conditional proposal from H.I.G. European Capital Partners LLP regarding a possible all cash offer for the Company at a price of 48.5 pence per share.
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DHL Express has commenced the full-fledged operation of Incheon Gateway after it invested €131 million (KRW 175 billion) to expand the Gateway in 2019. The investment is DHL Express’s largest in South Korea to date, making Incheon Gateway the largest gateway in the Asia Pacific.
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FedEx Express Europe, a subsidiary of FedEx Corp., has signed an agreement to build a new global air transit facility at iGA Istanbul Airport (IST) by November 2024, reflecting the rapid rise of IST as a strategic cargo hub connecting businesses across six continents.
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Committed to its ambition of reducing emissions, DB Schenker, one of the world’s leading logistics service providers, invests in electric technology and acquires 53 Renault Trucks E-Tech D for its operations in France.
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Kerry Logistics Network Limited has announced the Group’s interim results for the six months ended 30 June 2023.
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