UPS's acquisition of Coyote Logistics is just the latest in a rash of acquisitions by asset- and non-asset-based service providers looking to offer end-to-end supply chain solutions, on the North American and international stage and in an increasingly complex market that requires the precision only technology can provide.
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News & Analysis
28 Aug 2015
ST. PETERSBURG — The Russian government said it’s cracking down on port and customs corruption by dismissing several St.
27 Aug 2015
DHL Express will invest $20 million in sub-Saharan Africa this year to increase its footprint, taking the German logistics giant’s total investment in the continent to more than $50 million in the last year.
26 Aug 2015
CEVA Logistics is developing its global consolidation operations and less-than-container-load services, and has announced the launching of a weekly LCL offering from Singapore to New York.
25 Aug 2015
Kerry Logistics grew its net profit by 11 percent in the first half to $69 million, driven by strong growth in its core integrated logistics and freight forwarding segments, but raised concerns over weak economic conditions that are affecting the cargo handling business.
24 Aug 2015
Supply chain management company CEVA has named Arjan Kaaks, who has extensive executive experience at major retailers, including Unilever, as chief financial officer.
18 Aug 2015
Logistics provider Janel Corporation this week announced it will be acquiring Rhode Island-based logistics provider Liberty International, the latest in a flurry acquisitions that have swept through the industry this year.
18 Aug 2015
At first glance, Coyote, a brash, innovative fast-growing company not yet in its teens, and 108-year-old UPS, known for a more straight-laced corporate culture, may not seem a match made on e-Harmony. However, the combination highlights underlying and growing shipper demand not just for broader global service portfolios, but deeper, richer levels of service.
17 Aug 2015
Geodis, France’s largest transport and logistics company, today announced the acquisition of Tennessee-based Ozburn-Hessey Logistics in a major expansion of its presence in the U.S market.
14 Aug 2015
Geodis, France’s largest transport and logistics operator, is said to be on the verge of clinching an $800 million acquisition of U.S.-based Ozburn-Hessey Logistics in the latest cross-border consolidation of the global logistics industry.
13 Aug 2015
Damco posted a rare profit in the second quarter as Maersk’s troubled freight forwarding and logistics arm reaped the benefits of a radical restructuring program.