Maersk’s acquisition of Pilot Freight Services is a done deal

Following a February 9 announcement in which it said it intended to acquire Glen Mills, Penn.-based 3PL, last-mile and full mile services provider Pilot Freight Services, from Pilot’s owners, New York-based private equity firm ATL Partners, and Canadian institutional investor British Columbia Investment Management Capital, Copenhagen, Denmark-based A.P. Moeller Maersk, an integrated container logistics services provider,… Continue reading Maersk’s acquisition of Pilot Freight Services is a done deal

Descartes announces acquisition of Foxtrot

Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, said this week it has acquired Foxtrot, a provider of machine learning-based mobile route execution solutions for beverage, food & e-commerce companies.   Descartes said the purchase price was roughly $4.0 million. Foxtrot’s book of business includes well-known companies like Coca-Cola, Nestle, and P&G.… Continue reading Descartes announces acquisition of Foxtrot

STB signs off on CSX’s acquisition of Pan Am

By Jeff Berman, Group News Editor · April 15, 2022 Earlier this week, the Surface Transportation Board (STB), an independent adjudicatory and economic-regulatory agency charged by Congress with resolving railroad rate and service disputes and reviewing proposed railroad mergers, signed off on the revised merger application filed by Jacksonville-based Class I railroad carrier CSX Transportation… Continue reading STB signs off on CSX’s acquisition of Pan Am

PSA International’s acquisition of BDP International is a done deal

Following a December announcement, in which Philadelphia-based global third-party logistics (3PL) services provider BDP International changed ownership, with PSA International Pte Ltd, a global port group and partner for myriad cargo stakeholders, stating it acquired BDP from New York-based private equity firm Greenbriar Equity Group, the deal was made official earlier this week. A purchase… Continue reading PSA International’s acquisition of BDP International is a done deal

E2open makes second acquisition in less than a year, bringing Logistyx Technologies into the fold

Another major logistics acquisition was announced last week, with Austin, Texas-based E2open, a network-based provider of cloud-based, mission-critical, end-to-end supply chain management platform services, saying it has bought Rolling Meadows, Ill.-based Logistyx Technologies, a provider of global parcel and e-commerce shipping and fulfillment technology services, for $185 million. This marks E2open’s second acquisition in the… Continue reading E2open makes second acquisition in less than a year, bringing Logistyx Technologies into the fold

GXO Logistics’ potential acquisition of Clipper Logistics plc is a possibility

Following a news leak, which indicated that Greenwich, Conn.-based global contract logistics services provider GXO Logistics was acquiring London-based Clipper Logistics plc, a provider of omni-channel retail logistics services, the companies said on February 20 that their respective boards announced in a joint statement “they have reached agreement on the key terms of a possible… Continue reading GXO Logistics’ potential acquisition of Clipper Logistics plc is a possibility

Descartes announces acquisition of NetCHB in move geared to boost customs expertise

By Jeff Berman, Group News Editor · February 11, 2022 Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, recently announced it acquired Tucson, Ariz.-based NetCHB, a provider of customs filing services in the U.S. The purchase price was $40 million, with Descartes noting that the maximum amount payable under the all-cash performance-based… Continue reading Descartes announces acquisition of NetCHB in move geared to boost customs expertise

Descartes announces acquisition of NetCHB in moved geared to boost customs expertise

By Jeff Berman, Group News Editor · February 11, 2022 Waterloo, Ontario-based Descartes, a provider of logistics based on-demand, software-as-a-service offerings, recently announced it acquired Tucson, Ariz.-based NetCHB, a provider of customs filing services in the U.S. The purchase price was $40 million, with Descartes noting that the maximum amount payable under the all-cash performance-based… Continue reading Descartes announces acquisition of NetCHB in moved geared to boost customs expertise

Bringg announces acquisition of Zenkraft

Chicago-based Bringg, a provider of data-led delivery and fulfillment cloud platform services, said today it has acquired London-based Zenkraft, a parcel and return delivery services provider and subsidiary of Salesforce. A purchase price was not disclosed, but Bringg officials said that this deal will not result in changes in existing personnel at either company, with… Continue reading Bringg announces acquisition of Zenkraft

Briggs completes acquisition of Aerial Platform Hire

Briggs Equipment has completed the acquisition of Aerial Platform Hire Limited, one of Ireland’s leading powered access hire companies. Working from two sites in Clane, Co. Kildare and Mallow, Co. Cork, Aerial Platform Hire has an established reputation for delivering high quality powered access solutions to a diverse customer portfolio. This latest acquisition will enable… Continue reading Briggs completes acquisition of Aerial Platform Hire