Swiss WorldCargo continues to adapt its organizational structure to better meet the demands of the business.
The German service provider LUG aircargo handling has announced that Patrik Tschirch and Lutz Schmidt will both become managing directors of the company, effective 1 January 2013
Toll Global Forwarding (TGF) has promoted Geoff Partridge to the post of managing director of its South African operation. He was previously operations director, and replaces Vincent Magnus who is retiring at the end of 2012.
Damco, the forwarding and logistics subsidiary of the Danish conglomerate Maersk, reported that its sales grew from USD 784 million in Q3/2011 to USD 849 million in the same quarter this year. The Q3/2012 gross profit rose to USD 212 million from USD 207 million in the like-for-like period in 2011.
Atlanta-based UPS is facing an uphill struggle to win EU approval over its acquisition ofEurope’s second largest parcel delivery company by its February 28 deadline following objections from the European anti-competition body, says American Shipper.