SoftBank Vision Fund, along with several partners, has invested $1 billion in Flexport Inc., a full-service air and ocean freight forwarder, according to Flexport鈥檚 blog.
February 27, 2019Business, Logistics
Magnate Worldwide Acquires Domek Logistics
Shipping and logistics company Magnate Worldwide has announced the acquisition of Domek Logistics. Domek will integrate as an additional branch of Masterpiece International, MWW鈥檚 international freight forwarding and customs brokerage subsidiary, according to a Nov. 2 press release.
November 5, 2018Business, Logistics
Delmar International Acquires CV Logistics
Delmar International, a Lachine, Quebec, company whose offerings include freight forwarding and warehousing and distribution, has announced the acquisition of CV Logistics, also in Quebec.
October 18, 2018Business, Equipment, Logistics
German Auto Innovator Rolf Schnellecke Selected for Logistics Hall of Fame
Rolf Schnellecke, a German executive who led a movement toward outsourcing of parts assembly by automobile manufacturers and the development of just-in-time delivery services, has been selected for the Logistics Hall of Fame.
September 10, 2018Business, Logistics
AFF Global Buys Alaska Express
Freight forwarder AFF Global Logistics purchased Alaska Express, a domestic freight forwarding firm serving the Alaska market.
May 14, 2018Business, Logistics
Dachser USA Expands Dallas Office to Enhance Access to Asian Markets
Dachser USA Air & Sea Logistics has relocated and expanded its Dallas office in response to increased demand for access to Asian markets.
November 13, 2017Business
Freight Forwarding Networks Join Forces
WCA World, an association of independent freight forwarders with members in 193 countries, has acquired a majority interest in Elite Global Logistics Network, a smaller group of forwarders and logistics companies based in Morganville, N.J.
October 17, 2017Business, Logistics
Flexport Raises $110 Million to Fund Expansion
Flexport has raised $110 million in funding to 鈥渄ouble down鈥 on its web-based business model for freight forwarding.
October 10, 2017Business
Aerospace Freight Forwarder Aerostar Acquires Professional Freight Solutions
Aerostar Global Logistics, a freight forwarder that works mostly with aerospace clients, has acquired Professional Freight Solutions, which provides transportation management services, auditing and rate negotiations and supply chain consulting.
August 28, 2017