Project logisticsDSV has acquired the Kuwaiti freight forwarder Agility Global Integrated Logistics (GIL) for 3.5 billion euros. The takeover comes as a surprise. It was expected that DSV would press the pause button on major acquisitions...Read more
Project logisticsScan Global Logistics (SGL) has opened its first office in France today. Following the successful expansion in Benelux, Poland, and the Czech Republic, the new office is expected to bring a strategic position to provide...Read more
Project logisticsThe Blue Water Group has booked a record profit of EUR 25.8 million in 2020, despite the pandemic and a cyberattack causing significant turmoil. The record result was achieved by optimisation and positive development of...Read more
Project logisticsChinese logistics giant SF Holding has made an offer for almost 52% of the shares in Kerry Logistics. Earlier this week, the financial press in China reported that SF was eying a stake in the...Read more
Project logisticsLubbers Global Freight Holding has acquired the Dutch forwarding company Cargo Masters, which will see the company gain a new head office nearby Schiphol Airport and serve as the main air cargo hub offering cross-dock...Read more
Project logisticsThe Covid-19 pandemic is forcing freight forwarders to expand their services in order to secure contracts. “We have to rethink how we handle project forwarding and offer additional services like engineering”, said managing director Maria...Read more
LogisticsCEVA Logistics has launched a large-scale expansion plan for the African market with the goal to become a leading, continent-wide player. As a first step, the freight forwarder has acquired local logistics expert AMI Worldwide,...Read more
Project logisticsBlue Water Shipping CEO Søren Nørgaard Thomsen remains hopeful about 2020 following the company’s largest-ever annual profit of EUR 25 million last year. “We are dependent on how fast and to what extent the business...Read more
Project logisticsPRESS RELEASE – Broekman Logistics has announced a leadership change in its senior management. Former Managing Director Forwarding & Shipping Albert Hoek has stepped down and handed over the helm to Rik Pek.Read more
Project logisticsDSV has withdrawn its 2020 guidance of USD 1.1 billion as the coronavirus outbreak is heavily affecting the company’s income. In February, the result was already USD 21 million below budget and with the virus...Read more
Rhenus Logistics has acquired 100% ownership of The PSL Group, a European express specialist based in the UK. Rhenus says the takeover will open up new opportunities, services, and expertise to the customers of both...Read more
Freight forwardingRhenus has acquired the Miami-based international freight forwarder Freight Logistics. The takeover follows prior acquisitions in Brazil and Canada, all aimed at strengthening Rhenus’ position in the Americas.
Freight Logistics was founded in 2001 in the...Read more