M&A

Private-equity backed ADL Final Mile has purchased DMC Logistics, a courier that operates in the Southwest.

The FedEx Dataworks unit provides deep insight into parcel shipping operations. The best value play is to sell it.

Saltchuk Aviation, which is downsizing its air cargo operation, sold StratAir’s cargo handling business to acquisitive airport services provider PrimeFlight Aviation.

DAT Freight & Analytics has announced the acquisition of the Convoy platform from Flexport. Sources suggest the price was around $250m in cash. DAT intends to shift away from its main business: a dumb load-board service that connects brokers with carriers. Convoy, a venture-backed unicorn, shut down abruptly in October 2023. Flexport snapped up its […]

Wells Fargo is selling its rail leasing equipment business to a joint venture of GATX Corp. and Brookfield Infrastructure.

E-commerce logistics startup Stord has acquired Ware2Go from UPS.

Germany’s DHL Group is acquiring U.S.-based CryoPDP to boost its health care logistics business.