Uber will acquire San Francisco-based food delivery company Postmates for approximately USD $2.65 billion (AUD $3.79b) in a bid to accelerate a path to profitability.
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ARA Asset Management Ltd (ARA) has announced its acquired a majority stake in LOGOS.
LOGOS will now operate as ARA’S platform for logistics assets globally.
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Swiss logistics company Panalpina Welttransport Holding, which was acquired by DSV in 2019, has made the decision to cut over 4,000 jobs from the European freight forwarding company DSV Chief Financial Officer Jens Lund said in an interview Thursday.
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A.P. Moller – Maersk has announced a new $821 million agreement with US-based warehousing and distribution company to boost its logistics and services.
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