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Flexport lands enormous $935 million backing for freight forwarding platform
Nine-year-old tech startup gains backing from big names Andreessen Horowitz, SoftBank, Shopify, and others.
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Freight Forwarders
Kuehne + Nagel taps insider Stefan Paul as new CEO
Top road logistics executive will take over August 1, as current CEO Detlef Trefzger steps down after 13 years, series of acquisitions.
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AIT Worldwide Logistics to acquire Select Express & Logistics
Freight forwarder makes seventh acquisition since 2018, adding NYC-based 3PL focused on final mile delivery and assembly services.
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AIT Worldwide Logistics taps venture backing for latest acquisition
Freight forwarder buys Texas transportation provider Intelligent Logistics.
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Kuehne+Nagel brings on private equity partner to help Apex unit ride e-commerce boom
German owner sells 24.9% equity stake in Asian freight forwarder to Partners Group, now plans to add new routes, grow healthcare footprint, seek acquisitions.
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Scan Global Logistics brings TransGroup under its brand umbrella
Danish freight forwarder continues global expansion under private equity ownership.
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Nuvocargo raises $12 million in funding round
Cross-border logistics firm to build its product platform, ramp up hiring the U.S. and Mexico, add supply chain financing services for shippers and carriers.
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Quad-C sells ownership stake in AIT Worldwide Logistics to The Jordan Co.
After making 11 acquisitions since 2017, freight forwarder says it is focused on additional growth.
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Kuehne+Nagel acquires Asian logistics provider in biggest deal in company history
Move marks step toward reaching “strategic Asia ambitions,” German freight forwarder says.
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Werner sells off freight forwarding arm to focus on North American logistics business
Denmark’s Scan Global Logistics Group buys unit for undisclosed sum.
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