In our last edition, the team at Global Trailer went back in time to summarise some of the key commercial developments in the transport equipment and component market between late 2012 and today. For the third part of the series, we now look at how the global road transport and logistics industry changed in the most recent past.
1) In August 2015, UPS acquires non-asset based truckload freight brokerage company Coyote Logistics for €1.6 billion.
2) August 2015, French logistics giant Geodis acquires US company Ozburn-Hessey Logistics for an undisclosed amount.
3) August 2015 sees Swiss-based logistics giant Kuehne + Nagel enter into an agreement to acquire 100 per cent of the shares of ReTrans, a US provider of multimodal transportation management solutions.
4) In September 2015 US company XPO Logistics placed a US$3billion bid for Con-Way logistics, and agreed to buy French transport company Norbert Dentressangle for €3.24 billion in April 2015.
5) In May 2015, Japan Post takes over Australian logistics giant Toll Holdings for AU$6.5 billion (€4.6 billion) as part of its global expansion plan.
6) US firm FedEx Corp launches a $6.2 billion bid to buy package delivery company TNT Express in April 2015.
7) In December 2014, US logistics company CH Robinson reaches an agreement to acquire US freight broker Freightquote for US$365 million (€297 million) in cash.
8) In December 2014, Dubai-based Aramex signs a joint agreement with Thai company Leo Global Logistics to create Aramex Thailand.
9) US company Werner Global Logistics, part of Werner Enterprises, buys a stake in Chinese transport business Hercules Logistics in July 2014.
10) In September 2013, Roadrunner Transportation Systems announces the acquisition of fellow G.W. Palmer Logistics for US$2.5 million (€1.9 million) and purchases the assets of refrigerated truckload provider Yes Trans for US$1.2 million in cash.
11) In August 2013, US company Swift Transportation acquires privately owned Central Refrigerated Transportation for about $189 million (€173 million) in cash.
Other highlights you might've missed:
12) In October 2013, Blue Water acquires Swedish company ACi Transport & Spedition from Malmo, Sweden.
13) In September 2013, South Africa-based Imperial Logistics acquires a 60 per cent stake in KWS Carriers, a South African bulk transporter.
14) German transport company Sievert acquires Adolf Schuck Transport in September 2013.
15) In September 2013, Swedish Greencarrier Group acquires Finnish freight forwarder Rahtihuolinta Oy.