Freightos acquires WebCargoNet

DFDS, which operates one of the most extensive freight and passenger ferry networks in the North Sea, Baltic Sea and eastern Mediterranean regions, is spending approximately €200M to buy Tarifa (Spain)-based FRS Iberia/ Maroc, a leading operator of ferry services across the Gibraltar Strait. FRS operates seven vessels on three services across the Gibraltar Strait, linking Algeciras and Tanger Med, Algeciras and Ceuta, and Tarifa
and Tanger Ville.

Kuehne+Nagel has acquired Morgan Cargo, expanding its perishables network and connectivity for customers to and from South Africa, UK and Kenya.

Shippers and forwarders organisations are calling for improved standards of data protection and confidentiality in digital trading and booking systems.

Airlines are fighting back against competition from liner shipping companies. They see innovative technologies as a means of holding onto their share of the growing and high-value pharmaceutical, biotechnology and life sciences business. Recently, Cathay Cargo signed a long-term global rental agreement with Tower Cold Chain for its range of temperature-controlled units.

The Supervisory Board of Deutsche Bahn AG has mandated the Management Board to draw up and prepare the sale of up to 100% of DB Schenker AG

World Group, the parent company of UWL and World Distribution Services, has acquired Pacific Cascade, comprised of Pacific Cascade Distribution, LLC, and Pacific Cascade Trucking, LLC, both headquartered in Sumner (Wa)