CMA CGM Completes $5 Billion Bollore Logistics Takeover
By Gus Trompiz PARIS, Feb 29 (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever
By Gus Trompiz PARIS, Feb 29 (Reuters) – France’s CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever
Leading tech-driven logistics platform, Flexport, has announced the acquisition of Shopify Logistics assets. The move will allow businesses to effortlessly
By Tara Patel and Benoit Berthelot (Bloomberg) — Rodolphe Saade, the French billionaire at the helm of shipping giant CMA CGM SA, shows no signs of
By Vinicy Chan, Dinesh Nair and Manuel Baigorri (Bloomberg) — French shipping tycoon Rodolphe Saade is ramping up his hunt for acquisitions, with an eye
A.P. Moller – Maersk has announced the closing of its acquisition of Hamburg-based freight forwarding company Senator International as the container
By Daniela Sirtori-Cortina (Bloomberg) — Supply-chain managers quit their jobs last year at the highest rate since at least 2016 due to a mix of burnout
A.P. Moller – Maersk is continuing its integrated logistics transformation, announcing Wednesday its intention to acquire U.S.-based trucking company
Feb 7 (Reuters) – Flexport’s valuation more than doubled to $8 billion on Monday after a funding round led by venture capital firms Andreessen
PARIS, Jan 31 (Reuters) – French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French
By William Wilkes and Daniele Lepido (Bloomberg) — The Italian billionaire who turned a one-boat cargo operation into the world’s biggest shipping
By Brendan Murray (Bloomberg) Global supply chains are nearing a turning point that’s set to help determine whether logistics headwinds abate soon or keep
By Andreo Calonzo(Bloomberg) –After losing her son to Covid-19 last year, 79-year-old Tomasa Valdez was desperate to get vaccinated. But on the
By Sarah Schiffling (The Conversation) Everything was about shortages in 2021. COVID vaccine shortages at the start of the year were replaced by fears that we
By Hannah Elliott (Bloomberg) The Rimac Nevera is a $2.5 million electric hypercar with 1,914 horsepower and a predicted 0-60mph sprint time, 1.8
COPENHAGEN, July 6 (Reuters) – Maersk said on Monday it had agreed to buy Sweden-based customs broker KGH Customs Services for 2.6 billion Swedish crowns
A.P. Moller-Maersk has acquired US-based Customs House Broker, Vandegrift Inc., underscoring the shipping giant’s focus on the logistics sector in 2019.
By P R Sanjai (Bloomberg) — Allcargo Logistics Ltd. is emulating Uber Technologies Inc. to boost its business of sharing marine containers. A unit of the
CMA CGM, the world’s third largest container shipping company by TEU capacity, will acquire 25% stake in supply chain management company CEVA Logistics
By Sam Whelan (The Loadstar) – Blockchain initiative 300cubits has created a new type of cryptocurrency to solve liner shipping’s US$23bn
MTS Logistics is a C-TPAT and ISO9001:2008 certified NVOCC specializing in LCL, FCL, and project sea freight shipments. With the help of their global agency
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