SAirGroup, the troubled parent of Swissair, on Thursday announced a major restructuring of its cargo operations and simultaneously upgraded freight to a core activity as it struggles to restore its financial health following disastrous investments in other European airlines
Read MoreInternational logistics group Panalpina was able to conclude the fiscal year 2000 with new record results. Optimism is prevailing in the current fiscal year, as well. The Ernst Göhner foundation is again the sole shareholder
Read MoreThe U.S. Customs Service is investigating the Atlanta office of Danzas AEI for possible improprieties
Read MoreSwitzerland’s Kuehne & Nagel AG has set aside up to $400 million for a possible U.S. logistics acquisition, company officials say.
Read MoreThe crisis at SAirGroup, parent of Swissair, has exposed a web of financial arrangements designed to keep afloat three struggling French airlines and to navigate European rules on airline ownership.
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