APICS and American Society of Transportation and Logistics (AST&L) announced that the boards of directors of both organizations have approved an agreement under which AST&L will merge with APICS upon ratification by an AST&L member vote.
XPO Logistics has agreed to acquire a majority stake in Norbert Dentressangle SA, a provider of contract logistics services with headquarters in Lyon, France.
The global contract logistics market grew by 5.4 percent in 2014, to reach 177.6bn euro ($199bn), according to a report from Transport Intelligence. If prices and exchange rates were held constant at 2013 levels (real growth), then the market would have expanded by 4.4 percent. Overall, contract logistics growth of 5.4 percent compares favourably to growth of 2.8 percent in 2013.
Echo Global Logistics has entered into an agreement to acquire Command Transportation LLC, a privately held truckload broker and non-asset-based transportation provider in the U.S.
BNSF Logistics, LLC, a global multimodal transportation and logistics service provider, has acquired the wind-energy-related assets and contracts of Vectora Transportation, a Chicago based third-party logistics provider specializing in bulk commodities and dimensional cargo transport solutions.
C.H. Robinson, a global provider of multimodal logistics and freight-forwarding services, has opened a fully owned global forwarding office in Ho Chi Minh City, Vietnam.