Logistics
Bolloré Group signed an agreement on April 1 to sell 100% of Bolloré Africa Logistics to the MSC Group. The sale comprises of the Bolloré Group's transport and logistics activities in Africa, on the basis of an enterprise value, net of minority interests, of 5.7 billion euros.The sale remains subject to regulatory and competition approvals and the agreement of certain of Bolloré Africa Logistics’ counterparties and is expected to be ...
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Deutsche Post DHL Group has closed the acquisition of J.F. Hillebrand Group AG (Hillebrand) and its subsidiaries at an equity value of €1.5 billion. After obtaining all necessary regulatory approvals by the required antitrust authorities, the takeover has been consummated. The companies had already signed ...
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Descartes Systems Group announced that its Descartes ShipRush™ multi-carrier parcel and less-than-truckload (LTL) shipping solution has been integrated with its suite of ecommerce warehouse management systems (WMS). This integration allows customers to improve their warehouse and shipping performance through a unified solution.
"Fulfillment excellence requires warehouse ...
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GEODIS, announced that it has signed a binding agreement to acquire Keppel Logistics. The project will significantly increase GEODIS' Contract Logistics footprint and eCommerce fulfillment services in Singapore and Southeast Asia."The acquisition of Keppel Logistics will mark a key milestone in GEODIS' Asia-Pacific ambitions.” said ...
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STG Logistics has acquired the intermodal division of XPO Logistics, one of the largest providers of container transportation services in North America. The combined business, which will go to market as STG Logistics, will stand as North America's leading provider of seamless, fully integrated, port-to-door ...
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FedEx Corp. has announced that, effective June 1, 2022, Frederick W. Smith, Chairman and Chief Executive Officer, will become Executive Chairman, and Raj Subramaniam, President and Chief Operating Officer, will be promoted to President and CEO.As part of the transition, Subramaniam has been named President ...
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Baumer Food, Inc.’s President Pepper Baumer joined Port of South Louisiana’s Executive Director/CEO Paul Matthews to renew their lease agreement at a ceremonial signing held at the Port’s Guesthouse in Reserve, Louisiana. They were joined by community leaders, business and Baumer Foods representatives, Port renewal ...
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Kerry Logistics Network Limited has launched a new One Stop Solution (1S2) for imports and exports between the UK and Turkey across all modes in response to strong demand.
“Turkey is a growth market and key cargo hub for the UK, particularly for textiles and fashion, ...
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A new online platform called logistic-aide-ukraine.org aims to connect relief organizations wanting to transport healthcare supplies to Ukraine with specialist supply chain companies.
The not-for-profit initiative, launched by pharma supply chain information platform Validaide has already matched a global Non-Governmental Organization (NGO) with a warehouse provider ...
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project44, the leading supply chain visibility platform, announced the launch and immediate availability of Yard Solutions, a comprehensive set of dock, yard and asset management capabilities, designed to improve efficiency and automate yard operations from a single platform. Project 44’s Yard Solutions suite includes three ...
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