Ben Ames has spent 20 years as a journalist since starting out as a daily newspaper reporter in Pennsylvania in 1995. From 1999 forward, he has focused on business and technology reporting for a number of trade journals, beginning when he joined Design News and Modern Materials Handling magazines. Ames is author of the trail guide "Hiking Massachusetts" and is a graduate of the Columbia School of Journalism.
According to Arvato, it made the move in order to better serve the U.S. e-commerce sector, which has experienced high growth rates in recent years and is expected to grow year-on-year by 5% within the next five years.
The two acquisitions follow Arvato’s purchase three months ago of ATC Computer Transport & Logistics, an Irish firm that specializes in high-security transport and technical services in the data center industry. Following the latest deals, Arvato will have a total U.S. network of 16 warehouses with about seven million square feet of space.
Terms of the deal were not disclosed.
Carbel is a Florida-based 3PL with a strong focus on fashion and retail. It offers custom warehousing, distribution, storage, and transportation services, operating out of six facilities in the U.S., with a footprint of 1.6 million square feet of warehouse space in Florida (2), Pennsylvania (2), California, and New York.
Florida-based United Customs Services offers import and export solutions, specializing in remote location filing across the U.S., customs clearance, and trade compliance. CTPAT-certified since 2007, United Customs Services says it is known for simplifying global trade processes that help streamline operations for clients in international markets.
“With deep expertise in retail and apparel logistics services, Carbel and United Customs Services are the perfect partners to strengthen our ability to provide even more tailored solutions to our clients. Our combined knowledge and our joint commitment to excellence will drive our growth within the US and open new opportunities,” Arvato CEO Frank Schirrmeister said in a release.
Saudi Arabia is continuing to funnel funds into a project to bulk up its port and logistics muscle, as French maritime carrier and logistics provider CMA CGM today said it has signed an “ambitious agreement” to develop port infrastructure in the Red Sea, logistics services, and multimodal platforms to enhance the middle eastern nation’s inland logistics capabilities.
The deal comes as Saudi Arabia continues to expand its role as a strategic regional hub and to attract investments in transport infrastructure through its “Vision 2030” economic diversification program.
Within the nation, CMA CGM already operates three offices, an integrated logistics network, and 11 weekly service calls, connecting Saudi ports such as Jeddah, Dammam, and Jubail to global markets. And through its subsidiary CEVA Logistics, CMA CGM provides logistics solutions for the needs of both local and international businesses there. CEVA Logistics also established a joint venture in October with Al-Majdouie, a regional supply chain provider, expanding CMA CGM’s logistics footprint in Saudi Arabia.
CMA CGM’s overall global presence spans 160 countries, employing 160,000 people. As the third-largest global container shipping company in terms of capacity, it serves over 400 ports across five continents, supported by a fleet of more than 650 vessels. And through its CEVA Logistics subsidiary, the company is one of the top five global logistics players, managing over 118 million square feet of warehouse space worldwide.
RJW Logistics Group, a logistics solutions provider (LSP) for consumer packaged goods (CPG) brands, has received a “strategic investment” from Boston-based private equity firm Berkshire partners, and now plans to drive future innovations and expand its geographic reach, the Woodridge, Illinois-based company said Tuesday.
Terms of the deal were not disclosed, but the company said that CEO Kevin Williamson and other members of RJW management will continue to be “significant investors” in the company, while private equity firm Mason Wells, which invested in RJW in 2019, will maintain a minority investment position.
RJW is an asset-based transportation, logistics, and warehousing provider, operating more than 7.3 million square feet of consolidation warehouse space in the transportation hubs of Chicago and Dallas and employing 1,900 people. RJW says it partners with over 850 CPG brands and delivers to more than 180 retailers nationwide. According to the company, its retail logistics solutions save cost, improve visibility, and achieve industry-leading On-Time, In-Full (OTIF) performance. Those improvements drive increased in-stock rates and sales, benefiting both CPG brands and their retailer partners, the firm says.
The third-party logistics service provider (3PL) Total Distribution Inc. (TDI) is continuing to grow through acquisitions, announcing today that it has bought REO Processing & REO Logistics.
Terms of the deal were not disclosed, but REO Processing & REO Logistics is headquartered in West Virginia with 10 facilities across West Virginia in Parkersburg, Vienna, Huntington, Kenova, and Nitro as well as in Atlanta, GA.
Headquartered in Canton, Ohio, TDI is a wholly owned subsidiary of Peoples Services Inc. (PSI). The combined TDI and PSI businesses operate over 12 million square feet of contract and public warehouse space located in 65 facilities in eight states including Michigan, Ohio, West Virginia, New Jersey, Virginia, North Carolina, South Carolina, and Florida.
As an asset-based 3PL, the PSI network offers a range of specialized material handling and storage services including many value-added activities such as drumming, milling, tolling, packaging, kitting, inventory management, transloading, cross docking, transportation, and brokerage services.
This latest move follows a series of other acquisitions, as TDI bought D+S Distribution, Inc. and Integrated Logistics Services Inc. in May, and Swafford Trucking, Inc., Swafford Warehousing, Inc., and Swafford Transportation, Inc. in February. The company also bought Presidential Express Trucking, Inc. and Presidential Express Warehousing & Distribution, Inc. in 2023.
Transportation industry veteran Anne Reinke will become president & CEO of trade group the Intermodal Association of North America (IANA) at the end of the year, stepping into the position from her previous post leading third party logistics (3PL) trade group the Transportation Intermediaries Association (TIA), both organizations said today.
Meanwhile, TIA today announced that insider Christopher Burroughs would fill Reinke’s shoes as president & CEO. Burroughs has been with TIA for 13 years, most recently as its vice president of Government Affairs for the past six years, during which time he oversaw all legislative and regulatory efforts before Congress and the federal agencies.
Before her four years leading TIA, Reinke spent two years as Deputy Assistant Secretary with the U.S. Department of Transportation and 16 years with CSX Corporation.
Contract logistics provider Kuehne+Nagel today opened its 10th healthcare logistics facility in Canada, announcing it would operate the 270,00-square foot temperature-controlled fulfilment center for its partner, Medtronic.
Kuehne+Nagel will use the Milton, Ontario, site to distribute Medtronics’ products to hospitals and institutions. Medtronic also operates a service and repair center within the facility, as well as a test and preventative maintenance center for their medical equipment.
The expansion comes as the healthcare market in Canada has grown in the last decade due to technological advancements, changing demographics, and healthcare investments, particularly in a post-pandemic environment. According to Kuehne+Nagel, the medical device market is projected to grow at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2030 and within the pharmaceuticals sector, market demand continues to drive impressive growth.
Headquartered in Switzerland, Kuehne+Nagel has over 80,000 employees at almost 1,300 sites in close to 100 countries worldwide.