#contract-logistics
(66 articles)GXO Appoints New CIO to Drive Technology Expansion
GXO Logistics has announced a significant expansion of its technology organization, highlighted by the appointment of Balaji Rangaswamy as Chief Information Officer. This structural change reflects th
DP World Opens New Malaysia Warehouse, Expands SE Asia Logistics
DP World, a leading global supply chain and logistics operator, is accelerating its contract logistics footprint across Southeast Asia through the establishment of a new warehouse facility in Malaysia
Inbound Logistics Top 100 3PLs: Industry Rankings & Insights
Inbound Logistics has released its annual Top 100 3PLs ranking, a benchmark assessment of the third-party logistics industry's leading service providers. This curated list serves as a critical referen
Sallaum Lines Launches Dedicated European Automotive Logistics
Sallaum Lines and Sallaum Logistics have jointly launched a dedicated automotive logistics company targeting the European market. This strategic move represents a vertical integration play designed to
Warehouse Outsourcing Drives Growth for 3PL Providers
GXO has released research indicating that logistics providers offering comprehensive warehousing solutions are positioned for significant growth as cargo owners increasingly turn to external partners
ID Logistics Settles $2.36M PPP Loan Fraud Case
ID Logistics US, a subsidiary of the France-based contract logistics giant, has agreed to pay $2.36 million to resolve allegations that it fraudulently obtained a Paycheck Protection Program (PPP) loa
GXO Logistics Aborts Sale: What's Next for Contract Logistics?
GXO Logistics' aborted sale in October 2024 has left the pure-play contract logistics operator navigating significant strategic uncertainty. While XPO Logistics—GXO's former parent that retained North
Aegis Logistics to Acquire UAE's Tristar for $1.5B
Aegis Logistics, a leading Indian logistics provider, is in advanced negotiations to acquire Tristar, a significant UAE-based logistics operator, for approximately $1.5 billion. This transaction repre
CMA CGM, CEVA Lead European Logistics M&A Buying Spree
Europe's logistics sector is experiencing a significant consolidation wave, with industry heavyweights CMA CGM, CEVA, and FM Logistic leading an aggressive acquisition strategy. This M&A activity refl
AI Data Center Boom to Triple by 2030: GXO Reshapes Logistics
GXO Logistics, a $13 billion contract logistics provider, is positioning itself at the center of a structural shift in global supply chain demand. CEO Patrick Kelleher outlined three major tailwinds r
MODE Global Earns 2026 Top 100 3PL Recognition from Inbound Logistics
MODE Global has been named to Inbound Logistics' prestigious 2026 Top 100 3PL list, recognizing the company's performance and capabilities as a contract logistics provider. This annual ranking highlig
DP World Expands UK Logistics with Six Grocery Facilities
DP World has secured operational control of six UK-based grocery distribution sites previously managed by GXO, marking a significant expansion of its UK-focused logistics footprint. This transfer repr
GXO's AI Platform Drives North America Growth, Revenue Up 4.3%
GXO Logistics reported its strongest commercial quarter in three years during Q2 2026, with North America emerging as its fastest-growing market and contributing over $782 million in revenue. The comp
GXO Posts Strongest Sales Quarter in 3 Years Amid Logistics Surge
GXO Logistics delivered its strongest quarterly commercial performance in three years during Q2 2026, signaling robust demand for contract logistics services despite a cautious global freight environm
CMA CGM Q2 Surge Masks Ceva Margin Deterioration
CMA CGM's second quarter results reveal a mixed picture for the shipping conglomerate: while the parent company benefited from elevated freight rates and strong container volumes, its subsidiary Ceva
Hyundai Glovis Wins Chinese EV Logistics Deals, Expands Revenue
Hyundai Glovis, the logistics subsidiary of Hyundai Motor Group, has secured new logistics contracts for electric vehicles in China, marking a strategic expansion of its third-party logistics business
Ryder Powers Q2 Earnings with Used Vehicle Sales Surge
Ryder System Inc. delivered a solid Q2 2026 performance driven substantially by improved used vehicle sales pricing, with tractors averaging 3% higher prices and trucks reaching 6% year-over-year gain
Kuehne+Nagel Shows Strong Contract Logistics Growth in 2024
Kuehne+Nagel, a leading global logistics and freight forwarding company, has demonstrated resilient financial performance in 2024, with contract logistics emerging as a key growth driver. The company'
Kuehne+Nagel Deploys Cloud-Native AI WMS Across 1,000+ Sites
Kuehne+Nagel has completed a significant digital infrastructure upgrade, transitioning its KN SwiftLOG warehouse management system into a cloud-native, AI-enabled platform built on Blue Yonder technol
MODE Global Recognized as 2026 Top 3PL Provider by Armstrong
MODE Global has been recognized as a 2026 Top Third-Party Logistics (3PL) provider by Armstrong & Associates, a prestigious independent research and advisory firm specializing in logistics and supply
Maersk Launches $100M Boston Fulfillment Hub for Major Retailer
Maersk has announced a $100 million investment to operate a major fulfillment center in Boston for a large unnamed retailer, marking a significant expansion of the shipping giant's non-traditional log
GM Partners with Maersk for Integrated South America Logistics
General Motors has designated Maersk as its integrated logistics partner across South America, representing a strategic consolidation of freight management across the region. This partnership move sig
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
FedEx-CMA CGM Deal Signals New Air Cargo Capacity Competition
CMA CGM's $1.4 billion acquisition of FedEx Supply Chain represents a significant consolidation in contract logistics, but the strategic detail lies in the complementary air cargo capacity agreements
CMA CGM Acquires FedEx Supply Chain for $1.4B, Expanding North American Reach
CMA CGM has completed a strategic $1.4 billion acquisition of FedEx Supply Chain, significantly expanding the capabilities of its CEVA Logistics subsidiary across North America. This transaction repre
A$11.7bn Qube Holdings Takeover by Macquarie Now Legally Effective
Macquarie's A$11.7 billion acquisition of Qube Holdings has transitioned from pending to legally binding status, following Supreme Court approval and formal lodgement with Australia's corporate regula
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 in $1.4B Deal
CMA CGM, the world's third-largest container shipping line, has completed its acquisition of FedEx Supply Chain for US$1.4 billion, marking a significant consolidation move in the global contract logi
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
Hyundai Glovis Expands Global Logistics Strategy for Growth
Hyundai Glovis, the logistics arm of the Hyundai Motor Group, is pursuing a strategic expansion of its global logistics capabilities to address increasing demand for international transport and supply
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 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 FedEx Partnership Expands CEVA Network Across North America
CMA CGM and FedEx have announced a strategic logistics partnership that significantly expands CEVA's operational footprint across North America. This alliance represents a meaningful consolidation of
CMA CGM Acquires FedEx Supply Chain in Major Logistics Consolidation
CMA CGM's acquisition of FedEx Supply Chain represents a major consolidation move in the global logistics sector, signaling intensifying competition among container shipping and supply chain services
CMA CGM Invests $1.4B in FedEx Logistics to Expand US Reach
CMA CGM, one of the world's largest ocean carriers, is making a significant strategic move to strengthen its presence in US domestic logistics through a $1.4 billion investment in FedEx's supply chain
CMA CGM Acquires FedEx Contract Logistics Unit for $1.4B
CMA CGM, the world's third-largest container shipping line, is acquiring FedEx's contract logistics unit for $1.4 billion in a transformative move that reshapes the competitive landscape in ground and
CMA CGM Acquires FedEx Supply Chain for $1.4B
CMA CGM, the world's third-largest container shipping line, has announced plans to acquire FedEx Supply Chain for $1.4 billion, marking a major strategic pivot toward land-based logistics services. Th
CMA CGM Acquires FedEx Supply Chain for $1.4B
CMA CGM, the world's third-largest container shipping line, has announced an acquisition of FedEx Supply Chain for US$1.4 billion, marking a significant strategic expansion into contract logistics and
CMA CGM Acquires FedEx Supply Chain for $1.4B in North America
CMA CGM, the world's third-largest ocean shipping line, is significantly expanding its land-based logistics capabilities in North America through the acquisition of FedEx Supply Chain for $1.4 billion
FedEx Executive Moebel Named Head of CMA CGM's Ceva Logistics
CMA CGM, a major global shipping and logistics conglomerate, has appointed a senior executive from FedEx to lead Ceva Logistics, its prominent contract logistics subsidiary. This executive transition
FedEx Executive Moebel Named Chief of Ceva Logistics
CMA CGM has appointed Patrick Moebel, a 6-year veteran of FedEx Logistics, as the new leader of Ceva Logistics, the world's fifth-largest third-party logistics provider by revenue. This executive move
CMA CGM Acquires FedEx Supply Chain for $1.4B
CMA CGM's $1.4 billion acquisition of FedEx Supply Chain marks a major consolidation in the contract logistics sector, combining a global container shipping leader with a diversified supply chain serv
CMA CGM Acquires FedEx Logistics Arm for $1.4B
CMA CGM Group, one of the world's largest shipping conglomerates, has announced a $1.4 billion acquisition of FedEx's logistics arm, marking a significant consolidation move in the global supply chain
FedEx Sells Supply Chain Unit to CMA CGM for $1.4B
FedEx has completed a significant portfolio restructuring by divesting its supply chain services unit to France-based container shipping giant CMA CGM for $1.4 billion. This transaction marks a strate
CMA CGM acquires FedEx logistics unit for $1.4B
CMA CGM Group, a leading French ocean carrier, has announced plans to acquire FedEx's logistics operations for $1.4 billion. This transaction represents a significant consolidation move in the global
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 in a landmark deal that reshapes the competitive landscape of contract logistics and multim
CMA CGM Acquires FedEx Supply Chain for $1.4B
CMA CGM, a global container shipping leader, has announced the acquisition of FedEx Supply Chain for $1.4 billion, marking a significant strategic pivot into North American contract logistics and supp
FedEx Supply Chain Acquired by Global Transport Logistics Firm
FedEx has agreed to sell its FedEx Supply Chain division to a major global transport and logistics firm, marking a significant consolidation in the contract logistics market. This transaction signals
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 in a transformative deal that signals significant industry consolidation and a strategic pi
FedEx Sells $1.4B Contract Logistics Unit to CMA CGM
FedEx has divested its contract logistics unit to ocean freight giant CMA CGM in a $1.4 billion transaction, marking a significant reshuffling of the third-party logistics (3PL) landscape. This strate