This morning, the Panalpina board of directors confirmed that it had received an unsolicited, non-binding proposal from Danish logistics rival DSV to purchase the Swiss forwarding giant. The offer was for CHF170 per share, from a combination of cash and DSV shares, adding up to about US$4 billion. The board stated
Day: January 18, 2019
Cargolux 747F makes emergency landing after cockpit fire
A Cargolux 747-8F was en route from Malaysia’s Kuala Lumpur Airport (KUL) to Zhengzhou Airport (CGO) in China yesterday when the plane was forced to return to KUL after the crew reported fire and smoke in the cockpit. According to a statement from Cargolux, the aircraft landed safely and the crew was