BGSA

DSV said that the objective of these acquisitions are three-fold: to augment its position within the semiconductor industry; align with its new Phoenix-Mesa Gateway Airport operations; and support its growing cross-border services into Latin America. It added that these acquisitions are expected to be made official next month.

A little more than one month after reports surfaced suggesting that global electronics giant Panasonic was set to acquire, in Scottsdale, Ariz.-based Blue Yonder (formerly JDA), a provider of AI-driven and end-to-end supply chain management services, a report in the Wall Street Journal indicated that Blue Yonder instead plans to become a publicly traded company.

In a move geared towards augmenting its end-to-end supply chain service offerings, Copenhagen, Denmark-based A.P. Moller Maersk, an integrated container logistics services provider, said yesterday it inked an agreement to acquire El Segundo, Calif.-based Performance Team, a provider of warehousing and distribution services.

Logistics Management Group News Editor Jeff Berman recently caught up with Ben Gordon, Managing Partner of Cambridge Capital, an investor in niche supply chain leaders and also Managing Partner of BGSA Holdings, a leading mergers and acquisitions advisory firm focused on the transportation, logistics, and supply chain technology sector, about this week’s conference and the current state of supply chain and logistics M&A activity.

Scottsdale, Ariz.-based GlobalTranz, a full-service 3PL focused on freight brokerage and technology, said this week it has acquired Minneapolis-based Cerasis, a provider of third party multimodal and managed transportation services.