#carrier-expansion
(16 articles)CMA CGM Acquires FedEx Logistics Arm for $1.4B
CMA CGM Group, one of the world's largest container shipping companies, is acquiring FedEx's logistics operations for $1.4 billion in a significant consolidation move within the global logistics indus
CMA CGM Acquires FedEx 3PL Arm for $1.4B in Major Consolidation
CMA CGM, a leading ocean freight and container shipping company, has announced its acquisition of FedEx's third-party logistics (3PL) business for $1.4 billion. This landmark transaction represents a
CMA CGM Nears $1.4B FedEx Logistics Deal
CMA CGM, the world's third-largest container shipping line, is approaching completion of a $1.4 billion acquisition of FedEx's logistics division. This strategic move represents a significant vertical
Carriers Expand Capacity on Asia Routes Ahead of Peak Season
Ocean freight carriers are strategically deploying additional vessel capacity on major Asia-to-North America and Asia-to-Europe trade routes in anticipation of elevated demand during the traditional p
CMA CGM Eyes $1.4B FedEx Logistics Deal
CMA CGM, one of the world's largest container shipping companies, is progressing toward a $1.4 billion acquisition of FedEx Logistics, marking a strategic pivot toward integrated end-to-end supply cha
CMA CGM acquires FedEx logistics unit for $1.4bn
CMA CGM, the world's third-largest container shipping line, is finalizing a $1.4 billion acquisition of FedEx's logistics business unit, marking a significant consolidation move in the transportation
Maersk Expands into North American Lithium Battery Freight
Maersk, the world's largest container shipping company, has announced its entry into the North American lithium battery freight market, marking a strategic expansion into specialized logistics service
Amazon Launches LTL Freight Service for All Businesses
Amazon has broadened its supply chain services portfolio by introducing Less-Than-Truckload (LTL) freight options available to all businesses, marking a significant expansion beyond its core e-commerc
Amazon Enters LTL Market with New Freight Service for SMBs
Amazon has announced a new less-than-truckload (LTL) freight shipping service, marking a significant expansion into a traditionally fragmented logistics market dominated by regional and national carri
FedEx Invests to Ease Delivery Delays and Boost Capacity
FedEx has announced a capital spending increase designed to relieve mounting delivery delays and expand its handling capacity across its U.S. network. This strategic investment reflects broader indust
ENorth Logistics Expands Integrated Supply Chain Solutions
ENorth Logistics has announced a strategic expansion of its integrated supply chain solutions platform across Canada and broader North America markets. This development represents a notable growth ini
UPS invests $50M to expand automotive air freight to Mexico
UPS has committed $50 million to strengthen its position in automotive and industrial logistics, a strategic move that signals growing demand for reliable, expedited freight services in North American
UPS Invests $50M to Expand Air Freight Service Capacity
UPS has announced a $50 million investment dedicated to expanding and enhancing its air freight services, reflecting the carrier's strategic focus on strengthening express logistics capabilities in th
FedEx Shipping Demand Accelerates Amid E-Commerce Growth Wave
FedEx is experiencing renewed growth momentum driven by a surge in shipping demand, reflecting broader strength in e-commerce and consumer spending patterns. This positive development signals improvin
DSV updates 2026 guidance after Agility acquisition closes
DSV A/S, one of Europe's leading logistics providers, has updated its 2026 financial guidance following the successful closure of its acquisition of Agility. This major consolidation represents a sign
CMA CGM Expands Kenya Port & Logistics Operations
CMA CGM, one of the world's largest container shipping lines, is accelerating its strategic presence in Kenya through expanded port operations and logistics capabilities at the Port of Mombasa. This i