Logistics

Covering Logistics, Forwarders, Warehousing, NVOCC, Transportation Intermediaries

French tycoons enter talks for $5.5 billion logistics deal

Bloomberg | April 18, 2023 | Logistics | Maritime | Liner Shipping

Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, shows no signs of slowing his protracted acquisition spree, making an unsolicited €5 billion ($5.5 billion) offer to buy Bollore SE’s logistics arm.

Nippon Express in talks to buy logistics firm Cargo-Partner

Bloomberg | April 18, 2023 | Logistics

Nippon Express Holdings Inc. is in talks to buy Austrian logistics provider Cargo-Partner GmbH, people with knowledge of the matter said.

Descartes Aljex integrates with Freightwaves TRAC for smarter freight booking

AJOT Newsroom | April 18, 2023 | Logistics | Shipping Technology

BlueGrace Logistics cements international footprint with Mexico expansion plans

BlueGrace Logistics | April 18, 2023 | Logistics

BlueGrace Logistics (BlueGrace), one of the U.S.’s largest Third-Party Logistics (3PL) providers, today announced plans to expand cross-border service offerings with the establishment of its Mexico office. The location will provide support for an existing portfolio of shippers moving freight inter and intra Mexico beginning late 2023.

Exclusive negotiations with the CMA CGM Group regarding the sale of Bolloré Logistics

AJOT Newsroom | April 18, 2023 | Logistics | Maritime | Liner Shipping

NFI enhances Canadian footprint with acquisition of SDR Distribution

AJOT Newsroom | April 18, 2023 | Logistics

NFI, a leading provider of North American supply chain solutions, announced today that it has acquired SDR Distribution Services, a multichannel provider in custom warehousing and distribution solutions in Canada and the US. With the acquisition, NFI will expand its customer base in the fashion and retail industry and will double its distribution footprint in Canada.

MODE Global names Welsh new chief transportation officer

AJOT Newsroom | April 18, 2023 | Logistics | People | Appointments

MODE Global is excited to announce the promotion of Gene Welsh to chief transportation officer (CTO). As a member of MODE Global’s leadership team, Welsh previously served as senior vice president of international.

Half of supply chain executives say proactive investment in integration technology increased revenue

AJOT Newsroom | April 18, 2023 | Logistics

Atlas Air partners with Kuehne+Nagel and SR Technics Group to form sustainable engine alliance

PSA expands cargo solutions network in Turkey with acquisition of Alisan Logistics

AJOT Newsroom | April 18, 2023 | Logistics | Ports & Terminals | Terminals

Logistics

RoadOne IntermodaLogistics | April 18, 2023

RoadOne adds Ace Transport Miami LLC to its national network

RoadOne IntermodaLogistics announces today its acquisition of Ace Transport Miami LLC, an intermodal and transload service provider in Miami, Florida.

CMA CGM offers to buy Bollore Logistics for $5.5 billion

Bloomberg | April 18, 2023 | Logistics | Maritime | Liner Shipping

Martime transport giant CMA CGM SA has entered exclusive talks to buy Bollore SE’s logistics arm for an enterprise value of €5 billion ($5.5 billion), in a sign shipping billionaire Rodolphe Saade isn’t through with an acquisitions spree.

Anniversary and growth celebrations for cargo-partner’s USA branches

AJOT Newsroom | April 17, 2023 | Logistics

With expertise in logistics and worldwide transport, cargo-partner USA is delighted to be growing closer to its American-based customers, in a year where the wider business celebrates 40 years in the industry.