(IN BRIEF) EQT and PAI Partners have agreed to sell World Freight Company to Brookfield through its private equity business. WFC is one of the world’s leading independent providers of outsourced air cargo management services, supporting more than 300 airlines … Read the full press release
Posted in Aviation & Aerospace, Banks, Business, Economy, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Sweden, Technology, Transportation & Logistics
Tagged acquisitions, AI-enabled logistics, air freight, airline cargo management, Brookfield, Brookfield Expands Logistics and Supply Chain Investment Portfolio Through Acquisition of World Freight Company, cargo capacity management, cargo services, Deutsche Bank, digital logistics, EQT, freight forwarding, freight technology, Freshfields, global logistics, global trade routes, GSSA platform, Guillaume Leblanc, international shipping, Janice Leow, logistics infrastructure, logistics sector, Operational Efficiency, outsourced cargo services, PAI Partners, private equity, Supply Chain Management, Transportation Industry, Vikram Singh, WFC, World Freight Company, World Freight Company to Enter New Growth Phase Under Brookfield Ownership
(IN BRIEF) Accenture and Air France-KLM have launched a multi-year initiative to shift the airline group’s legacy digital applications from proprietary data centers to the cloud. By establishing a unified operating model and leveraging a cloud migration factory that employs … Read the full press release
Posted in Artificial Intelligence (AI), Aviation & Aerospace, Business, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, News, Technology, Transportation & Logistics
Tagged 350 applications, Accenture, Air France-KLM, aircraft maintenance, cargo services, cloud migration, cloud migration factory, common operating model, data analytics, data-driven decision-making, digital core, digital transformation, generative AI, governance framework, growth opportunities, legacy applications, multi-year initiative, partnership, passenger transport, Pierre-Olivier Bandet, Quality Standards, real-time agility, reusable templates, Sabine Bechelani, Scalability, time-to-market, travel experience
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