#industry-consolidation
(21 articles)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
Aviation Jeta Acquires India International Cargo Show
Aviation Jeta has completed an acquisition of the India International Cargo Show (IICS), marking a consolidation move in India's air cargo and logistics sector. This transaction reflects growing inves
SME Freight Forwarders Face Consolidation Pressure Amid Industry Shift
The freight forwarding industry is undergoing significant structural changes driven by consolidation, intensified competition from major integrated carriers, and geopolitical volatility. Small and med
DSV-Schenker Integration: Reshaping Global Logistics
DSV's April 2025 acquisition of DB Schenker represents one of the largest logistics industry consolidations in recent history. Unlike DSV's typical bolt-on acquisitions, this transaction merges two tr
85% of New Trucking Startups Failed During Freight Downturn
The for-hire trucking industry experienced an unprecedented crisis over the past three and a half years, with an astounding 85% failure rate among carriers with less than two years of operating experi
Kuehne's Death Raises Questions on Logistics Giant's Future
Klaus-Michael Kuehne, the German billionaire who controlled both Kuehne + Nagel (a leading global freight forwarder) and held the largest stake in Hapag-Lloyd (a major container shipping line), passed
Major Logistics Firms Downplay Amazon Supply Chain Threat
FedEx, Maersk, and GXO have publicly downplayed concerns about Amazon Supply Chain Services (ASCS) as a competitive threat to their core logistics operations. This defensive positioning reflects the m
How 2021 Supply Chain Crisis Accelerated Freight Tech Adoption
The 2021-2023 supply chain crisis fundamentally transformed how the freight industry views technology adoption. What had been a decade-long struggle to convince carriers, brokers, and shippers to adop
Food Industry Freight Transformation: Major Market Shake-Up Ahead
The food manufacturing and logistics sectors face a significant freight market transformation, signaling broader industry consolidation and capacity realignment. This development reflects ongoing pres
CMA CGM Acquires FedEx Supply Chain: New Vertical Integration Era
CMA CGM's acquisition of FedEx Supply Chain represents a major strategic consolidation in the global logistics industry, signaling a structural shift toward vertically integrated operations. This move
Acertus Acquires Fisher Shipping to Expand Auto Logistics
Acertus, an Overland Park, Kansas-based finished vehicle transportation provider, has acquired Auburn, Massachusetts-based Fisher Shipping, marking another significant consolidation move in the automo
Fura's Seventh Acquisition Accelerates AI-Driven Freight Broker Consolidation
Fura, a Cincinnati-based AI-powered third-party logistics provider, has completed its seventh acquisition by purchasing High Rise Logistics, a Vancouver, Washington-based freight broker with strong Pa
Proficient Auto Logistics Acquisition Reshapes 25% of North America Market
Proficient Auto Logistics announced a transformative $130 million acquisition of California-based Hansen & Adkins, positioning the combined entity to control approximately 25% of North America's new c
Logistics M&A Value Surges as Larger Deals Drive Consolidation
The logistics and supply chain services sector is experiencing a notable shift in M&A dynamics, where deal valuations are rising despite the number of transactions remaining relatively stable. This di
DSV and Kuehne+Nagel: Divergent Paths in Global Forwarding
The two largest global freight forwarders are diverging sharply in their strategic approaches to growth and market positioning. DSV has committed to aggressive, multi-billion-dollar acquisitions—most
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
DSV CEO at Crossroads: Next M&A Move Signals Consolidation Push
Danish logistics giant DSV, led by CEO Jens Lund, continues to position itself as a premier acquisition-driven consolidator in the asset-light forwarding sector. With annual revenues near DKr290 billi
Ceva Logistics Undergoes Major Leadership Shake-Up
Ceva Logistics, one of the world's largest third-party logistics providers, is experiencing significant executive-level restructuring with multiple leadership departures. This shake-up signals potenti
Open Road Ventures Acquires Double-Stack Logistics
Open Road Ventures has completed the acquisition of Double-Stack Logistics, marking another consolidation event within the North American logistics and freight services sector. This transaction repres
E-Commerce Software Firm Acquires Top Freight Broker WWEX
A leading e-commerce software provider has acquired WWEX, a top-tier freight broker, marking a significant consolidation move in the logistics technology sector. This acquisition reflects a broader in
WWEX and Auctane Merge to Form ShipStation Global
WWEX and Auctane have announced a merger to form ShipStation Global, representing a significant consolidation in the logistics technology and carrier services space. This transaction combines WWEX's a