--- title: "Brookfield (BAM) Nears $1.2B World Freight Deal as Air Cargo Demand Rises" type: "News" locale: "en" url: "https://longbridge.com/en/news/286441483.md" description: "Brookfield Asset Management (BAM) is nearing a $1.2 billion acquisition of World Freight Company (WFC) from EQT and PAI Partners. This deal comes amid rising air cargo demand and logistics pressures due to fuel price increases and global disruptions. WFC acts as a middleman for airlines, managing over 3 million tons of cargo annually across 80 countries. The acquisition will enhance Brookfield's presence in the logistics sector, which is increasingly vital for industries reliant on fast shipping. BAM stock holds a Strong Buy rating with a target price suggesting a 23.04% upside." datetime: "2026-05-14T15:37:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286441483.md) - [en](https://longbridge.com/en/news/286441483.md) - [zh-HK](https://longbridge.com/zh-HK/news/286441483.md) --- # Brookfield (BAM) Nears $1.2B World Freight Deal as Air Cargo Demand Rises Brookfield Asset Management (BAM), the global investment company, is reportedly close to acquiring World Freight Company (WFC), an airline cargo sales and logistics firm, from EQT (EQT) and PAI Partners in a deal valued at about $1.2 billion. The deal comes at a time when rising fuel prices and shipping disruptions are putting more pressure on global logistics markets. ### Claim 55% Off TipRanks - Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions - Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks According to _Reuters_, the companies have finalized discussions and the transaction could be announced soon. ## **Why This Deal Matters Now** World Freight Company does not own or operate airplanes. Instead, it acts as a middleman between airlines and cargo customers, helping airlines sell cargo space on their aircraft across different countries and regions. The company works as a General Sales and Service Agent (GSSA), meaning airlines give WFC rights to sell cargo capacity in certain markets. This helps airlines sell more of the cargo space available on their planes while lowering their own operating costs. That business has become more important as air freight prices continue rising due to higher fuel costs and disruptions tied to the Iran conflict. According to its website, WFC manages more than 3 million tons of cargo capacity each year through a network spanning over 80 countries. ## **Brookfield Is Making a Bet on Global Logistics** For Brookfield, the acquisition would expand its exposure to the global transportation and logistics market. Air cargo remains important for industries that depend on fast shipping, including e-commerce, electronics, and industrial goods. At the same time, airlines are looking for better ways to manage cargo space as costs remain high. The deal also gives EQT and PAI Partners an exit from their investment in WFC, which they acquired in 2018. Overall, the acquisition highlights how valuable freight and cargo management businesses are becoming as global trade routes face rising uncertainty and transportation costs remain elevated. ## **Is BAM Stock a Buy Now?** On TipRanks, Brookfield Asset Management stock (BAM) carries a Strong Buy consensus rating based on six Buys and five Hold ratings over the past three months. The average BAM price target stands at $58.86, suggesting roughly 23.04% upside from current levels. ### Related Stocks - [BAM.US](https://longbridge.com/en/quote/BAM.US.md) - [EQT.US](https://longbridge.com/en/quote/EQT.US.md) ## Related News & Research - [Brookfield set to acquire World Freight Company in $1.2 billion deal, sources say](https://longbridge.com/en/news/286371523.md) - [Brookfield to Invest $500 Million in Strategic Partnership with OpenAI | BAM Stock News](https://longbridge.com/en/news/285948316.md) - [Brookfield Expands Beyond Real Assets With OpenAI And Venture Debt Push](https://longbridge.com/en/news/286647592.md) - [Brookfield Asset Management Leads Major AI Deployment Investment](https://longbridge.com/en/news/285962635.md) - [Spire Global Selected by Amadeus for Real-Time Aircraft Tracking Data Integration | SPIR Stock News](https://longbridge.com/en/news/286897250.md)