An appetite for acquisition: Geographic expansion, capacity constraints fuel industry investments
This year’s seismic airfreight boom delivered an unprecedented demand for cargo operators, creating a unique landscape hungry for mergers and ...
Tag: mergers and acquisitions (M&A)
Scan Global Logistics establishes UK presence with Horizon Intl Cargo acquisition
Nordic logistics company Scan Global Logistics today acquired freight forwarder Horizon International Cargo, establishing its presence in the U.K. market ...
Gebruder Weiss acquires Bavarian trucking company, freight forwarder
Austrian logistics company Gebruder Weiss acquired Germany-based trucking company Wolf Internationale Spedition GmbH and forwarder Air System Luftfracht Spedition GmbH, ...
WFS acquires US handler Pinnacle Logistics
Paris-based cargo handler and ground services company Worldwide Flight Services (WFS) today announced that it has acquired Fort Worth-based ground ...
EFL Global bolsters supply-chain near sourcing with IDEA Logistics acquisition
Sri Lanka-based freight forwarder EFL Global acquired logistics company IDEA Logistics LLC in late August, expanding its footprint in Latin ...
JD.com unit to take over China Logistics in $2.1 billion deal
A subsidiary of JD.com Inc. agreed to buy a controlling stake in China Logistics Property Holdings Co. in a deal ...
JD.com nearing deal for controlling stake in China Logistics
JD.com Inc. is in advanced talks to acquire a controlling stake in China Logistics Property Holdings Co., according to people ...
Consultant Insight: DB Schenker may not be for sale, but other freight forwarders may be
After gobbling up UTi Worldwide in 2016, Panalpina in 2019 and Agility’s Global Integrated Logistics unit in 2021, global freight ...
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