English Arabic Armenian Azerbaijani Chinese (Simplified) Chinese (Traditional) Czech Danish Dutch Estonian Filipino Finnish French Galician Georgian German Greek Hindi Hungarian Icelandic Indonesian Italian Japanese Korean Latvian Lithuanian Malay Maltese Norwegian Persian Polish Portuguese Russian Slovak Slovenian Spanish Swedish Thai Turkish Ukrainian Vietnamese

WFS acquires Swissport CPH handling

PRESS RELEASE

August 29, 2014: Worldwide Flight Services (WFS) has signed an agreement to acquire Swissport's cargo business at Copenhagen Airport, reinforcing its position as the largest independent cargo handler in Denmark.

Under the terms of the agreement, Swissport will transfer all business activities to WFS on 1st October 2014. WFS will take over Swissport's 4,200m² cargo terminal at Copenhagen Airport, which handles 18,000 tonnes a year on behalf of leading international airlines.

Marc Claesen, Regional Vice President, North Europe at WFS, said: "We are delighted to have successfully concluded this agreement. Copenhagen has been a big growth airport for WFS since we opened our operation in 2006 and this latest investment not only gives us potential for further expansion, it brings more leading international airlines into our portfolio in Scandinavia, that are also customers of WFS elsewhere in our global network."

Jos Roeven, Managing Director, Swissport Cargo Services The Netherlands and Area Director Nordics, added: "WFS is a major player in cargo handling and is therefore perfectly equipped to take over the cargo business at Copenhagen Airport."

WFS provides services to 300 airlines globally, is present at 120 major airports in 20 countries on four continents, and handles four million tonnes of cargo a year. It commenced operations in Scandinavia in 2006 having been awarded a concession on land by Copenhagen Airport a year earlier and investing in the construction of a new cargo terminal. WFS also opened its own cargo business at Stockholm's Arlanda Airport in 2012.

The new agreement with Swissport will take WFS' total cargo volume at Copenhagen Airport to 100,000 tonnes a year. Its existing facilities at the airport include two cargo terminals with a total area of nearly 10,000m² of warehouse space and office accommodation. WFS' airline clients at the airport include Singapore Airlines, China Cargo Airlines, Korean Air, British Airways, TAP Portugal, Iberia, Air Canada, Delta Air Lines, Turkish Airlines, Qatar Airways, Air Greenland, Cargolux and Icelandair.

The sale of the Copenhagen cargo business to WFS includes all business activities currently carried out by Swissport Cargo Services Denmark ApS as well as all assets. The exit process will start immediately and will be concluded 1st October 2014.

More News

Written on 22/09/2017, 21:44
dhl-begins-annual-volunteer-seasonBONN: September 20, 2017. Deutsche Post DHL has begun its seventh annual global 'Volunteer Day' program that ends on October 01 to encourage its more than...
Written on 21/09/2017, 18:41
freightweek-news-update-week-38LE HAVRE: September 22, 2017. Bolloré Logistics has opened a second multimodal hub at the Pont de Normandie to manage logistics flows throughout France's...
Written on 21/09/2017, 18:20
1-77-trillion-added-value-in-iot-logistics-by-2025BONN/SHANGHAI: September 20, 2017. DHL Supply Chain has introduced a trial Narrowband Internet of Things (NB-IoT) application to improve yard management...
Written on 21/09/2017, 18:10
first-efl-charter-to-columbus-from-colomboCOLOMBO, Sri Lanka: September 20, 2017. Fashion forwarder Expo Freight has shipped 100 tonnes of garments for Ohio-based retailer L Brands on a Qatar...
Written on 21/09/2017, 18:08
geodis-delivers-massive-power-projectDEL SUR, Bolivia: September 20, 2017. Geodis is in the process of delivering 14 industrial gas turbines, 11 steam turbines and additional Siemens...
Written on 21/09/2017, 17:59
new-silk-way-rail-linkHONG KONG: September 20, 2017. Tigers, a supply chain management company, has launched 'Tiger Rail' with a 16-day transit time to and from Duisburg,...
Written on 16/09/2017, 03:41
cma-cgm-reports-us-472-million-q2-ebitMARSEILLE: September 15, 2017. CMA CGM has reported a 56.8 percent increase in second quarter 2017 revenue to US$5.55 billion and a net income of US$219...
Written on 14/09/2017, 19:01
brucargo-plans-multimodal-cloud-with-nxtportANTWERP/BRUSSELS: September 14, 2017. Data platform NxtPort and Air Cargo Belgium's BRUcargo cloud-based community have signed an MoU to develop a digital...
Written on 13/09/2017, 22:03
kuehne-nagel-launches-lithium-battery-logisticsSCHINDELLEGI, Switzerland: September 13, 2017. Kuehne + Nagel has launched 'KN Battery Chain' – a supply chain solution for shipping large lithium...
Written on 13/09/2017, 16:36
cargo-re-starts-at-miaMIAMI: September 13, 2017. Miami International Airport expects a return to normal flight operations by the weekend of September 16/17 following Hurricane...
Written on 12/09/2017, 21:07
wisetech-acquires-air-and-ocean-rate-managementSYDNEY: September 12, 2017. Logistics software group WiseTech Global has acquired two rate management companies: Netherlands-based Cargoguide covering the...
Written on 12/09/2017, 20:05
40-million-investment-for-dunkerqueDUNKERQUE: September 12, 2017. The Dunkerque Multibulk Terminal (DMT) is investing €40 million over the next two years to produce construction materials...
Written on 12/09/2017, 19:13
rickmers-group-thrown-a-lifebeltHAMBURG: September 11, 2017. The Zeaborn Group and Hamburg shipowner Bertram Rickmers are to acquire the Rickmers Group's global ship management business,...
Written on 11/09/2017, 20:50
freightweek-news-update-week-37FELIXSTOWE, UK: September 15, 2017. Construction company VolkerFitzpatrick has won a contract at the Port of Felixstowe to design and construct 13...
Written on 11/09/2017, 15:16
danes-sell-belgium-terminal-to-chinaTHE HAGUE: September 11, 2017. APM Terminals, part of the A.P. Moller - Maersk Group, is to sell its 76 percent ownership of Belgium's second largest...
Written on 08/09/2017, 18:42
hna-to-spend-another-us-1-billion-on-logisticsSINGAPORE: September 07, 2017. HNA Belt and Road Investments Singapore, a subsidiary of HNA Holding Group (HK Group), has made an unsolicited offer of...
Written on 07/09/2017, 21:21
american-cancels-flights-ahead-of-irmaDALLAS/FORT WORTH: September 07, 2017. American Airlines (AA) has canceled 2,405 flights between today and September 11 as a result of Hurricane Irma, due...
Written on 07/09/2017, 19:39
china-merchants-acquires-brazil-container-terminalXIAMEN, China: September 04, 2017. China Merchants Port Holdings (CMPort), owned by China's state-owned Assets Supervision and Administration Commission...
Written on 06/09/2017, 14:08
freightweek-news-update-week-36NEW JERSEY, September 07, 2017. The 14,400 TEU capacity CMA CGM Theodore Roosevelt has became the largest container ship to pass under the raised Bayonne...
Written on 05/09/2017, 21:10
dhl-trials-delivery-to-customer-carsBONN, September 05, 2017. DHL Parcel and Volkswagen (VW) are testing a pilot project to deliver and collect parcels from the trunks of customers'...

- powered by Quickchilli.com -