Consultant Insight: Freight forwarders adapt to lower rates, volumes and demand
The pandemic years were very good for most freight forwarders as shippers’ need to keep inventory on shelves was seemingly ...
Tag: mergers and acquisitions (M&A)
Unique Logistics goes public via SPAC
Logistics and freight forwarding company Unique Logistics International signed a merger agreement with special purpose acquisition company (SPAC) Edify Acquisition on ...
Consultant Insight: DHL Supply Chain plays catch up with NTA acquisition
DHL Supply Chain, part of the Deutsche Post DHL Group, announced the acquisition of Mexico-based New Transport Applications (NTA) on ...
Bollore Logistics expands Australian footprint with Lynair acquisition
Bollore Logistics subsidiary Bollore Logistics Australia is set to acquire Adelaide, Australia-based forwarder Lynair Logistics, effective Aug. 1. Terms of ...
Hellmann sole shareholder of Peruvian joint venture
Hellmann Worldwide Logistics acquired all shares of its Peruvian joint venture and freight forwarder, Hellmann Worldwide Logistics S.A.C., on Aug. ...
Consultant Insight: SEKO Logistics’ Pixior acquisition to deliver faster cross-border e-commerce deliveries
SEKO Logistics’ recent acquisition of 3PL and fulfillment service provider Pixior will bring quicker fulfillment and last-mile deliveries for customers. ...
Apollo investor group buys Atlas Air Worldwide for $2.9B
Following unanimous approval from its Board, Atlas Air Worldwide (AAWW) sold today at an enterprise value of $5.2 billion to ...
Taiwan logistics firm Morrison Express weighs $1 billion sale, sources say
Morrison Express Corp., a Taiwanese logistics company, is considering a sale of the business amid interest from potential buyers, according ...
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