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The parties have agreed not to disclose the purchase price of the transaction.

Kuehne + Nagel expands overland network with Jöbstl acquisition

25 July 2019 2:00 PM IST

July 25, 2019: Kuehne Nagel Austria has acquired medium-sized logistics enterprise Jöbstl to expand its overland network and simultaneously...

The weekly IEX service, to be jointly operated with ONE, YML and COSCO, will be made up of nine 6,500 TEU vessels, with Hapag-Lloyd contributing four ships.

Hapag-Lloyd to launch its South-East India-Europe Express service in Oct 2019

19 July 2019 12:05 PM IST

July 19, 2019: Liner shipping company Hapag-Lloyd will launch its South-East India – Europe Express (IEX) service in October 2019.

The aircraft will operate five times a week and connects FedEx hubs in Dublin, London Stansted, and Paris-Charles de Gaulle – one of the major FedEx hubs in Europe alongside Cologne and Liège

FedEx inducts more fuel efficient Boeing 767F in Europe fleet

12 July 2019 12:27 PM IST

July 12, 2019: FedEx Express has inducted a new Boeing 767F cargo jet, which offers increased capacity, into its European fleet.

The Chinese stations offer short handling times starting at one-and-a-half hours for export shipments and starting from two hours for import shipments.

time:matters adds 7 stations in China, dedicated team in Shanghai

5 July 2019 2:03 PM IST

July 5, 2019: Global special speed logistics company time:matters has added seven stations in China to its network for worldwide Sameday Air...

By 2021, it has plans to add 20 freighters to its fleet which will consist of 777, 767 and 747.

SpiceXpress to fly from Mumbai-Dubai from Aug 1; to add 20 freighters by 2021

21 Jun 2019 3:04 PM IST

June 21, 2019: SpiceXpress, the dedicated cargo airline of the Indian carrier SpiceJet is planning to introduce freighters from Mumbai to Dubai,...

Coming up next for GDP-certification in the H2 of 2019 is Panalpina

Panalpina's Hyderabad facility receives GDP certification

3 May 2019 12:52 PM IST

May 03, 2019: Out of the 11 sites, Panalpina’s Hyderabad facility is one of the sites to bag good distribution practice (GDP) certification in 2018 in...