BDP International

Following a December announcement, in which Philadelphia-based global third-party logistics (3PL) services provider BDP International changed ownership, with PSA International Pte Ltd, a global port group and partner for myriad cargo stakeholders, stating it acquired BDP from New York-based private equity firm Greenbriar Equity Group, the deal was made official earlier this week.

Late last week, Philadelphia-based global third-party logistics (3PL) services provider BDP International changed ownership, with PSA International Pte Ltd, a global port group and partner for myriad cargo stakeholders, announcing it acquired BDP from New York-based private equity firm Greenbriar Equity Group.

Third-party logistics (3PL) services provider BDP International recently announced that it plans to open up an office in Casablanca, Morocco later this month. BDP officials said that this office will provide various services, including ocean/air export and import; export/import customs clearance; project logistics; ground transport; and warehousing/distribution, for shippers in the chemical/petrochemical, healthcare, energy, retail, oil and gas, and automotive sectors.

BDP officials said that it is one of a small number logistics service providers were approved by Dubai Exports to provide world class, value added services and capabilities to Dubai-based exporters and solidifies BDP as a leading provider of logistics services on the Gulf Region.

Global third-party logistics (3PL) services provider BDP International recently announced it took a majority equity position in Sweden-based Polar Logistics AB.

Global third-party logistics (3PL) services provider BDP International recently said it has taken an equity position in Interflex S.A., a Cartategna, Colombia-based international freight forwarder that is a member of BDP’s global network.

Bringing sourcing closer to home—also commonly referred to as near shoring—a practice used by shippers to reduce distance, production, and delivery of their products, may be again gaining some momentum, according to research from BDP International.

BDP officials say they have reached a decision to retain full family ownership of the company, following an evaluation of potential private equity investment.

While a Reuters report indicated that global third-party logistics (3PL) services provider BDP International was in talks to with private equity firms to make the company available to be sold, BDP stated that is not the case.

According to company officials, BDP AirStar expedites shipments from Chicago, New York, and Houston to Amsterdam to immediate transit to all major European destinations. This service is part of a multi-carrier partnership BDP has with KLM, Air France, and Delta.

While the practice of “slow steaming” by ocean carriers has become more commonplace in an effort to reduce fuel costs, shippers are not necessarily enthused about its subsequent effects on their supply chains, according to a new study comprised of feedback from 290 shippers conducted by third-party logistics services provider BDP International