Wilson Logistics of Sweden has bought VIP Airfreight Pty Ltd of Australia, a specialist airfreight forwarder dealing in movements of food. Most is exported to Asia. Wilson are reported to be interested in strategic acquisitions worldwide.
Read MoreInsiders said China’s cargo carrying market will see a boost, despite the losses that some domestically listed carriers reported in the first-half year. Insiders said the situation is soon to improve, as cargo business will be the aviation industry’s new source of profit
Read MoreBAX Global of the US have acquired the air/ocean operations of Schier, Otten & Co. of Austria. This gives BAX a presence in Vienna, Linz and Graz.
Read MoreDanzas AEI Intercontinental says it is strengthening its North American ocean services organization, with an emphasis on trade lane management and less-than-containerload (LCL) services. Danzas has established four new divisions, three in the United States and a fourth in Canada.
Read MoreThe US$50 billion US domestic and international heavy freight industry is highly fragmented, with the top 5 percent of freight forwarders controlling approximately 50 percent of the market, according to Jim Hartigan, president and CEO of newly formed Integres Global Logistics.
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