“The combination of CHAMP’s software solutions and TRAXON’s wide network will result in the most comprehensive suite of software and distribution services available in the market. CHAMP said the deal with Lufthansa Cargo and Air France – the majority shareholders of TRAXON Europe – “will deliver real synergy between the two companies,” and through a strong, integrated portfolio of solutions will accelerate initiatives such as e-freight, Cargo 2000 and global customs compliance. TRAXON Europe is now a subsidiary of CHAMP and will continue to operate under the TRAXON name.
The collaboration will also look to assess new supporting technologies for aviation biofuel production.ĬHAMP Cargosystems acquires TRAXON EuropeĬHAMP Cargosystems, a leading provider of integrated air cargo solutions, today announced it has acquired TRAXON Europe, a leading provider of electronic communications solutions to the air cargo industry. Boeing and Hawai’i BioEnergy will look at various crops including sorghum and eucalyptus as potential sources that can be grown locally and converted to jet fuel.
The memorandum of understanding outlines how the companies will work together to identify biofuel sources and supporting technologies for producing sustainable jet fuel in Hawaii. Boeing has announced a collaborative agreement to work with Hawai’i BioEnergy on renewable energy sources for creating aviation fuel.