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Manitoulin Buys Another US Freight-Forwarder
Monday, October 7, 2019 - 4:59pm | 257Manitoulin Group, one of Canada's largest transportation and logistics firms, has expanded its reach in the U.S. with Miami-based freight-forwarder Demark Global Logistics. Ontario-based Manitoulin purchased Demark for an undisclosed sum through its freight-forwarding arm Manitoulin Global...
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Freight Forwarders Reach Over One Million Potential New Employees
Friday, May 24, 2019 - 11:51am | 583A looming workforce supply gap in the freight forwarding sector has caused the industry to reach out to over one million high school students. "In five to ten years we won't have enough young people coming through with the right high-level skills," Brian Lovell, the CEO of the Australian...
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Panalpina And DSV To Merge, Creating The World's Fourth-Largest Freight Forwarder
Monday, April 1, 2019 - 11:45am | 735Danish logistics giant DSV has offered to buy Swiss logistics major Panalpina, quoting a price of 195.8 Swiss francs per share in a deal worth around $4.6 billion. This looks to be the final offer from DSV, after the two companies spent more than two months negotiating an agreeable takeover price...
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Amazon Takes To The Sea
Saturday, January 16, 2016 - 7:36pm | 368E-commerce giant Amazon.com, Inc. (NASDAQ: AMZN) is on a mission to improve margins by cutting down on shipping costs; and this week proved that the firm is serious about taking control of its own logistics. The company is now registered with the federal agency that oversees ocean transportation,...