#strategic-acquisition
(13 articles)BasicBlock Acquires TrueNorth to Build Integrated Carrier Ecosystem
BasicBlock, a freight factoring firm based in Lincoln, Nebraska, has acquired TrueNorth, an AI-powered dispatch and loadboard platform, marking a strategic expansion beyond traditional financing into
Uber bids $14.8B for Delivery Hero, gains Talabat control
Uber's proposed $14.8 billion acquisition of Delivery Hero represents a pivotal consolidation move in global food delivery logistics. The deal would grant Uber indirect control of Talabat, the Dubai F
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 Logistics Arm for $1.4B
CMA CGM Group, a global leader in ocean shipping and logistics, has announced its acquisition of FedEx's logistics arm for $1.4 billion. This transaction marks a strategic consolidation in the logisti
CMA CGM Acquires FedEx 3PL Arm for $1.4B in Major Consolidation
CMA CGM, the world's third-largest container shipping line, is acquiring FedEx's third-party logistics (3PL) arm for $1.4 billion, representing a significant consolidation move in the global logistics
CMA CGM Acquires FedEx Logistics Arm for $1.4B
CMA CGM Group, one of the world's largest shipping and logistics companies, has announced its acquisition of FedEx's logistics arm for $1.4 billion. This landmark transaction represents a significant
Hapag-Lloyd's 20% Eurogate Stake Signals Major Terminal Shift
Hapag-Lloyd's acquisition of a 20% stake in Eurogate's flagship Container Terminal Hamburg (CTH) represents a pivotal strategic maneuver in European port infrastructure consolidation. This deal, orche
CMA CGM Acquires FedEx Logistics Arm for $1.4B
CMA CGM Group, one of the world's leading container shipping operators, has announced a strategic acquisition of FedEx's logistics division for $1.4 billion. This major consolidation move signals a si
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
C.H. Robinson Acquires DeSpir to Expand High-Value Cargo Services
C.H. Robinson has acquired DeSpir, a strategic move designed to fortify its capabilities in managing high-value cargo operations. This acquisition represents a deliberate expansion of the company's sp
AD Ports Acquires German Freight Forwarder MBS Logistics
AD Ports Company, the UAE-based port and logistics operator, has completed the acquisition of MBS Logistics, a German freight forwarding firm. This strategic move represents a significant step in AD P
World Freight Company Sold for $1.2B in Major Air Cargo Consolidation
World Freight Company, a major ground service agent (GSSA) and air cargo logistics provider, has been sold for $1.2 billion, marking a significant consolidation event in the air freight industry. This
Asyad Group Acquires Ligentia Logistics Provider in Oman
Asyad Group has completed the acquisition of Ligentia logistics provider, marking a strategic consolidation move in the Middle Eastern logistics sector. This acquisition enhances Asyad's service portf