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EV Cargo to acquire Allport in Holland and Belgium

Hong Kong-headquartered EV Cargo is to acquire the remaining 60% of the shares of Allport Netherlands from its joint venture partner, subject to merger control approval, making EV Cargo the sole shareholder of the company. As part of the transaction, EV Cargo will also acquire the remaining shares in EV Cargo Global Belgium to become the sole shareholder of this business as well. Formed in 2012 as a joint venture between ... [+]

EV Cargo rides out the storm

EV Cargo Global Forwarding – formerly Allport Cargo Services - says that its global sea and air freight volumes were initially severely hit by the Covid pandemic, it benefitted from its diverse markets and has reported a steady return in volume over recent weeks. Its latest accounts cover an 18-month ... [+]

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