Merger and Acquisition

Less than three months after acquiring World Warehouse and Distribution, Cherry Hill, New Jersey-based NFI, an asset-based third-party logistics (3PL) services provider said this week it has brought Maersk subsidiary the Gilbert Company into the fold.

The ongoing rebound in that transportation and logistics merger & acquisition activity appears to continue to be gaining traction, according to PricewaterhouseCoopers (PwC).

With the economy in better shape than it was a year ago, despite recent signs of slippage, it appears that transportation and logistics merger & acquisition activity is on the mend, too, according to PricewaterhouseCoopers’ recently-released data.