AOI Capital has acquired 3PL RK Logistics Group, which specializes in e-commerce warehouse and distribution.
Shipping lines are flush with cash and using it to expand into logistics services.
Shipping giant Maersk has transformed itself into a one-stop shop for logistics services and now is growing its airfreight capability.
Knight-Swift announced Tuesday the acquisition of third-party logistics provider UTXL in a $22.5 million transaction.
Forward Air announced it has entered an agreement to acquire expedited transportation and less-than-truckload provider J&P Hall Express.
Cold storage provider Lineage Logistics announced Thursday that it completed a $1.9 billion equity raise to fund new developments, M&A and technology initiatives.
Kuehne + Nagel will become the top global air and ocean freight management company when it completes its purchase of Hong Kong’s Apex Logistics International.
Only a week removed from the $800 million purchase of UPS Freight, TFI International is back at it. On Monday, the company announced the acquisition of van and flatbed carrier Fleetway Transport.
Americold announced that it has closed on a 46-facility deal valued at $1.74 billion.
Railcar lessor GATX acquires tank container lessor Trifleet in 175 million euro deal.
