Seems that the reports that DHL Global Forwarding was up for sale were not quite true. In a statement to Air Cargo News, Deutsche Post DHL (DPDHL) chief executive Frank Appel has rejected any suggestions that his group’s forwarding arm is up for sale. “To clear up false rumours and to be unequivocal, DP DHL […]
mergers and acquisitions
3PL Update – Is CEVA Logistics an acquisition target for Kuehne and Nagel ?
Following on from last weeks speculation that DHL Global Forwarding may be sold, or spun off by German parent group Deutsche Post, with Japan Post as a possible buyer. The Loadstar blog is reporting that there are further unconfirmed rumors in the 3PL marketplace that CEVA Logistics could be an acquisition target for Kuehne and Nagel. Stay […]
3PL Update – Deutsche Post considering spining off of DHL Global Forwarding
DHL Global Forwarding may be sold or spun off by German parent group Deutsche Post, with Japan Post a possible buyer, claims news agency Reuters, citing “two people familiar with the matter”. According to Reuters, Deutsche Post is assessing whether to spin off its “ailing” freight forwarding operation or make an outright sale, allowing it to […]
Fastway Couriers acquired by Aramex
Aramex, a leading global provider of comprehensive logistics and transport services has today announced its acquisition of Fastway Couriers, a leading courier service provider headquartered in New Zealand with a major market presence in Australia. To read the full press release from Fastway Click Here