Top 4 forwarders that may be ripe for M&A activity in 2018

Although mergers and acquisitions (M&A) in the 3PL community so far in 2017 were not quite as numerous as they were in 2016, many airfreight industry analysts say the current boom times for air cargo should make 2018 another banner year for consolidation in the still fragmented freight forwarding business. Just two months ago the […]
  • Randy Woods
  • November 30, 2017

Dachser Acquires majority interest in Johnston Logistics

Dachser has become a majority shareholder in Ireland-based Johnston Logistics, allowing Dachser to expand its “all-important” European logistics network in northwestern Europe, said Michael Schilling, COO of road logistics at the German logistics firm.  Johnston Logistics is focused on the Irish market, but also serves the U.K. with warehouse and operations facilities spanning nearly 40,000 […]
  • Lewis King
  • April 25, 2017

E.U. Court sides with UPS in blocked TNT deal

Earlier this week, a Luxembourg-based General Court annulled a European Union decision made back in 2013, to block Atlanta-based UPS’ proposed US$7 billion takeover of Dutch package delivery company, TNT Express. Even though the decision will not revise history, since TNT has already been acquired by FedEx Corp., the ruling could pave the way for […]
  • Charles Kauffman
  • March 10, 2017

Deutsche Post DHL Group completes UK Mail acquisition

Deutsche Post DHL Group has completed the acquisition of UK Mail in a US$315.5 million bid to strengthen its presence in the U.K. e-commerce market. Both E.U. and U.K. regulatory bodies signed off on the deal in late 2016, and the companies have moved to cancel the listing of UK Mail Group plc shares, amend […]
  • Lewis King
  • January 3, 2017

DHL continues acquisition strategy, buying up Italy-based MIT Safetrans

DHL Supply Chain’s appetite for growth through acquisitions is continuing apace, with news today that the global logistics company is taking full ownership of Italian MIT Safetrans, which bills itself as, “the leading Italian logistics provider for highly specialized and high added-value niche markets.” Neither company disclosed the value of the deal. The acquisition enhances […]
  • Lewis King
  • October 5, 2016