Panalpina and DSV have reached an agreement.

DSV has announced an all share voluntary public tender offer for all publicly held shares of Panalpina. DSV and Panalpina have reached an agreement on the terms and conditions of a combination by way of a Public Exchange Offer to all Panalpina shareholders. The board of directors of Panalpina recommends that

Demand for mining equipment is growing

Global demand for underground mining machinery is forecast to increase 4.0% per year from 2018 to 2022, according to information provided by the Freedonia group. Global demand for underground mining machinery is forecast to increase 4.0% per year from 2018 to 2022, according to information provided by

Rhenus buys Canada’s Rodair

Germany’s Rhenus Group has acquired Canadian logistics provider Rodair. The acquisition, terms were not disclosed, is subject to approval by the relevant authorities. The core business activities at Toronto-headquarter Rodair involve international freight forwarding, project logistics, courier, warehousing and distribution, 3PL services, and e-commerce solutions. The company, founded in 1996,

GTI acquires Precision Specialized

GTI Transport Solution Inc ("GTI"), a leading provider of open-deck, specialized and over-dimensional freight services, a Novacap-backed company, and a member of the PFN (Project Freight Network) organization, announces it is acquiring Precision Specialized Division Inc. (PSD), a division of Precision Truck Lines Inc. Located in Woodbridge,

SHIPNEXT enters into strategic alliance

SHIPNEXT enters into strategic Joint Venture with mjunction, Tata Steel-SAIL SHIPNEXT ( has announced that today they have entered into a strategic alliance with India’s largest B2B e-commerce company, mjunction services ltd. mjunction is a 50-50 JV of Tata Steel (a flagship Tata Group company) and SAIL. SHIPNEXT CEO and founder,

CMA CGM confirms its purchase of CEVA Logistics

CMA CGM, a leading worldwide shipping Group, confirms its investment in CEVA Logistics (“CEVA”), a global leading player in the logistics sector, on the occasion of CEVA’s initial public offering (IPO). The investment will take the form of convertible bonds, which will be converted into CEVA

Panalpina receives offer from DSV

Denmark’s DSV has made a $4.1 billion takeover approach to Swiss rival Panalpina to try to close the gap on the world’s top three freight transport companies. Shares in Panalpina, which has come under pressure from an activist investor to do a deal, jumped as much as

XELLZ Announces New Office in Lagos, Nigeria

XELLZ Operations B.V., answering to strong demand for its project logistics management services, today announced expanding its operations to Nigeria by opening its seventh local business unit (LBU) to be located in the Bull Nose, Apapa Port terminal Complex in Lagos.  XELLZ Nigeria will offer its services for Project Logistics