acquisition

  • Damco eyes Indian forwarding acquisitions

    Damco, the logistics unit of the AP Moller-Maersk Group, is said to be scouting for acquisitions in India to expand its freight forwarding footprint on the back of India’s economy growth.

    01 August 2011

  • Qatar said to be buying into Cargolux

    Speculation has again arisen that Qatar Airways will buy into Cargolux with purchase of 33 per cent of the Luxembourg maindeck carrier, a deal estimated to be worth €300 million. News reports citing unnamed sources have said the deal is nearing…

    15 April 2011

  • Poor earnings may stoke TNT Express acquisition

    TNT, the Dutch mail and express company, said it will proceed with plans to spin off its express division in May even as the unit's earnings declined by nearly 10 per cent due to political unrest and natural disasters. Operating income at the express…

    15 April 2011

  • INDIA & MIDDLE EAST: Qatar follows Etihad down acquisition path

    Qatar Airways chief Akbar Al Baker is in the market for another airline to provide greater market opportunities for the Doha-based carrier. Al Baker went on record at the German Travel Market show in Berlin to confirm his airline's interest in b…

    01 April 2011

  • UPS looking at acquisitions

    United Parcel Service Inc (UPS) is looking for acquisitions to bolster its supply-chain and freight-forwarding units, according to its CEO Scott Davis. UPS has made more than 40 purchases in the past decade, and there are “likely to be some more 

    01 December 2009