#3pl-consolidation
(15 articles)CMA CGM-FedEx $1.4B Deal: What It Means for 3PL Market
CMA CGM's acquisition of FedEx Supply Chain in a $1.4 billion enterprise-value deal represents a pivotal moment for the global third-party logistics (3PL) market. The transaction consolidates two majo
CMA CGM acquires FedEx Supply Chain for $1.4B
CMA CGM Group, the world's third-largest container shipping operator, has acquired FedEx Supply Chain for $1.4 billion, marking a significant consolidation in the North American third-party logistics
FedEx Sells CEVA to CMA CGM for $1.4B in Major 3PL Consolidation
FedEx has divested its CEVA Logistics supply chain unit to ocean and container shipping giant CMA CGM for $1.4 billion, marking a significant consolidation in the third-party logistics (3PL) market. T
CMA CGM Buys FedEx Supply Chain Unit for $1.4B
FedEx has agreed to sell its supply chain solutions unit to CMA CGM for $1.4 billion, marking a significant reshaping of the third-party logistics (3PL) landscape in North America. This transaction su
CMA CGM to Acquire FedEx Supply Chain for $1.4B
CMA CGM's acquisition of FedEx Supply Chain for $1.4 billion represents a transformational move for the French container shipping giant into integrated North American logistics services. This deal sig
CMA CGM Acquires FedEx Supply Chain for $1.4B
CMA CGM, the world's third-largest container shipping line, is acquiring FedEx Supply Chain for $1.4 billion, marking a transformative expansion into comprehensive 3PL services. This strategic acquisi
CMA CGM to Acquire FedEx Logistics to Stabilize Struggling Ceva
CMA CGM is reportedly poised to acquire FedEx Logistics as a strategic move to strengthen its struggling Ceva contract logistics subsidiary. This acquisition signals growing consolidation within the t
DSV Loses Ex-Schenker Executive in Road Division Shake-Up
DSV has experienced the departure of Helmut Schweighofer, a senior executive from the former Schenker acquisition, who was leading the restructuring of DSV Road. This latest departure signals ongoing
CH Robinson slashes 31% workforce amid AI automation wave
CH Robinson has undergone a dramatic 31% workforce reduction, cutting employment from a 2022 peak of 17,399 to approximately 11,855 by early 2026. This contraction reflects a combination of AI-driven
PE Firm Open Road Ventures Acquires Intermodal 3PL Double-Stack
Open Road Ventures has completed an acquisition of Double-Stack, an intermodal third-party logistics provider, marking another significant private equity move in the logistics consolidation wave. This
PE Firm Acquires Intermodal 3PL Double-Stack in First Deal
Open Road Ventures, a middle-market private equity firm focused on freight brokers, has completed its inaugural acquisition by purchasing Double-Stack Logistics, an asset-backed intermodal 3PL with di
Japan Post's Logisteed stake signals Toll Group expansion
Japan Post's substantial investment in Logisteed, announced in October 2025 and reportedly showing operational progress by May 2026, represents a strategic consolidation move in the Asia-Pacific third
Ziegler UK Ownership Shifts as European Group Faces Restructuring
Ziegler UK, a significant player in the European logistics landscape, has undergone a notable ownership restructure with control passing to Aquila Strategic in March, according to Companies House fili
Echo Global Acquires ITS Logistics in Major 3PL Consolidation
Echo Global Logistics has announced the acquisition of ITS Logistics, marking a significant consolidation move within the third-party logistics (3PL) sector. This strategic transaction expands Echo Gl
Nippon Express Acquires Metro Supply Chain for $1.6B
Nippon Express, a major Japanese logistics provider, has acquired Metro Supply Chain for approximately $1.6 billion, marking a significant strategic expansion into the North American market. This acqu