Aegean Airlines Acquires Olympic Air in Strategic Move

Aegean Airlines Acquires Olympic Air in Strategic Move

Olympic Air was formerly the largest airline in Greece, later acquired by Aegean Airlines and became its subsidiary. This acquisition strengthened Aegean Airlines' market position and brought new development opportunities to Olympic Air, marking a new chapter for the established airline. It also provides a reference case for other airlines facing difficulties. The merger allowed Aegean to expand its domestic and international routes, while Olympic Air benefited from Aegean's resources and operational expertise, ensuring its continued presence in the Greek aviation market.

09/26/2025 Airlines
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GXO Logistics Acquires Wincanton to Expand Global Operations

GXO Logistics Acquires Wincanton to Expand Global Operations

GXO Logistics has successfully acquired Wincanton, marking a significant step in its global expansion strategy. This acquisition strengthens GXO's leading position in the European market and enables it to provide customers worldwide with superior and more efficient supply chain solutions. By integrating Wincanton's valuable resources, GXO Logistics is poised to achieve greater breakthroughs in the global supply chain sector. The combined entity will offer enhanced capabilities and a wider range of services to meet the evolving needs of its customers.

11/03/2025 Logistics
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Essential Cargo Terms and Cost Analysis Guide

Essential Cargo Terms and Cost Analysis Guide

This guide systematically introduces key terms and costs in the field of international freight, including trade terms, cost compositions, shipping documents, billing units, and container-related terminology. By delving into this information, it aids businesses in enhancing transportation efficiency, avoiding cost misunderstandings, and strengthening industry competitiveness.

07/24/2025 Logistics Encyclopedia
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UP and NS Merger Demands Pragmatic Rail Strategies

UP and NS Merger Demands Pragmatic Rail Strategies

The merger between UP and NS demonstrates the potential to redefine railway freight by adopting successful strategies from passenger transport and promoting pragmatic approaches for efficient service. Successful integration requires a focus on market demand and synergy effects, thus paving the way for future railway transportation.

08/07/2025 Logistics
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FCL Vs LCL Choosing the Right Shipping for Businesses

FCL Vs LCL Choosing the Right Shipping for Businesses

This article analyzes the decision factors for choosing between Full Container Load (FCL) and Less than Container Load (LCL), including inventory management, cost-effectiveness, delivery speed, and flexibility. The aim is to assist enterprises in making informed freight choices to enhance logistics efficiency and reduce costs.

08/06/2025 Logistics Encyclopedia
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2023 Investment Outlook for the Transportation Industry: Positive Spring Festival Data for Airlines and Recovery in Bulk Freight Rates

2023 Investment Outlook for the Transportation Industry: Positive Spring Festival Data for Airlines and Recovery in Bulk Freight Rates

In 2023, the transportation industry shows a positive development trend, with air passenger traffic during the Spring Festival continuously increasing, expected to achieve a year-on-year growth of 11.5%. Although there was a decline in demand in January due to the staggered Spring Festival, improvements are anticipated in February and March. Bulk shipping rates are rising, as the overall shipping industry enters a recovery phase.

01/25/2023 Logistics Industry Insights
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