On 26 September 2007 Deutsche Post World Net and Deutsche Lufthansa AG launched a joint cargo carrier through their subsidiaries DHL Express und Lufthansa Cargo. The new Leipzig-based company, in which DHL Express and Lufthansa Cargo each hold a 50% interest, has the legal form of a German private limited company (GmbH). Its main activity is the transportation of air freight and express shipments into and out of Asia. Flight operations are scheduled to begin in April 2009.
DHL has entered into an agreement regarding the acquisition of FC (Flying Cargo) International Transportation Ltd., the international freight forwarding unit of the privately owned Flying Cargo Group based in Tel Aviv. DHL Global Forwarding is acquiring all shares in the company. The transaction still requires regulatory approval. It is expected to be completed in the next few weeks. FC (Flying Cargo) International Transportation Ltd. is the market leader in air and ocean freight in Israel, where it has been operating as an agent for DHL Global Forwarding for many years.