#3pl-acquisition
(13 articles)C.H. Robinson's $6B RXO Acquisition Marks Major Broker Consolidation
C.H. Robinson's approximately 6 billion dollar acquisition of RXO has earned public support from Brad Jacobs, the XPO Logistics founder who originally spun off RXO as a standalone 3PL in 2022. Speakin
Fura Acquires Road Dog Logistics in $30M Expansion Deal
Fura, a Frisco, Texas-based AI-powered freight brokerage platform, has acquired Cincinnati-based Road Dog Logistics in its eighth acquisition, adding approximately $30 million in annual revenue to its
CH Robinson Acquires RXO for $5.8B: Consolidation Reshapes 3PL Market
C.H. Robinson is acquiring RXO in a transformative $5.8 billion transaction valued at approximately 42 times EBITDA, a significant premium compared to typical industry multiples of 8 to 13 times EBITD
Radiant Logistics Expands Bi-Modal Broker Platform with Dallas Acquisition
Radiant Logistics, a Renton, Washington-based third-party logistics provider, has acquired the Dallas brokerage operations of Whitacre Logistics Services, reinforcing its bi-modal freight brokerage pl
Europe Logistics M&A Surge: 25 Deals Drive Industry Consolidation
August 2024 marked a significant inflection point for European logistics sector consolidation, with 25 mergers and acquisitions demonstrating robust dealmaking momentum across the region. This surge r
Spartan Logistics Expands Ohio Footprint with Allen Acquisition
Spartan Logistics, a Columbus-based 3PL provider, has completed an acquisition of Allen Logistics that adds 100,000 square feet of warehousing capacity in Whitehouse, Ohio. This transaction increases
FitzMark Acquires UTS for Trade Show Logistics Expansion
FitzMark, an Indianapolis-based freight brokerage platform serving over 3,000 shippers and 25,000 carriers, has completed its 11th acquisition since 2006 by absorbing United Transportation Services (U
BlueGrace Acquires Truk TMS: Expanding Managed Logistics Reach
BlueGrace Logistics, a Tampa-based managed logistics provider backed by Warburg Pincus, has acquired Idaho-based 3PL operator Truk TMS, marking the company's third significant acquisition in as many y
CMA CGM's $1.4B FedEx Deal Reshapes Supply Chain Strategy
CMA CGM's $1.4 billion acquisition of FedEx Supply Chain represents a pivotal moment for the global shipping industry, reflecting the strategic imperative to build integrated, end-to-end supply chain
Argosy PE Acquires K&L Freight, Accelerating 3PL Growth
Argosy Private Equity has completed a controlling stake acquisition of K&L Freight Management, a St. Charles, Illinois-based asset-light third-party logistics provider specializing in expedited ground
CMA CGM Acquires FedEx 3PL Arm for $1.4B, Reshaping Logistics
CMA CGM, the world's third-largest shipping line, is acquiring FedEx's third-party logistics division in a $1.4 billion transaction that marks a significant strategic pivot toward integrated supply ch
CMA CGM Acquires FedEx 3PL Business for $1.4B
CMA CGM, a global ocean freight and logistics leader, is acquiring FedEx's third-party logistics (3PL) division in a $1.4 billion transaction. This strategic move represents significant consolidation
CMA CGM in talks to acquire FedEx Logistics for Ceva turnaround
CMA CGM, the France-headquartered shipping and logistics conglomerate, is reportedly in advanced negotiations to acquire FedEx Logistics as part of a broader restructuring strategy for its underperfor