#strategic-acquisition
(13 articles)Aegis Logistics Acquires Tristar for $809M, Expanding Global Tanker Fleet
Aegis Logistics, an India-based liquid logistics operator, has agreed to acquire an 89.8% stake in Tristar, a Dubai-headquartered energy and maritime logistics group, for $809 million. This transactio
CMA CGM Withdraws SNCF Rail Freight Bid, European Networks Shift
CMA CGM's withdrawal from its bid to acquire a stake in SNCF's rail freight operations signals a strategic shift in the container shipping giant's approach to European land-based logistics integration
Trimac Acquires California Freight to Expand Food-Grade Logistics
Trimac Transportation, a major Canadian bulk hauler, has completed the acquisition of California Freight, a specialized food-grade logistics provider with deep roots in California's agricultural heart
CMA CGM to Acquire Majority Stake in French Rail Freight Leader
CMA CGM, a global container shipping giant, is set to acquire a significant minority stake (up to 49%) in Rail Logistics Europe (RLE), the rail freight holding company of France's state railway SNCF.
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