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CMA CGM forms terminal venture with US infrastructure fund

French container shipping group CMA CGM and US infrastructure investor Stonepeak have announced the formation of a joint port company. The venture, named United Ports LLC, brings together ten terminals operated by CMA CGM across six countries.…
Company News

Hapag-Lloyd rules out early return to the Red Sea

A near-term return to the Red Sea is not under consideration, Hapag-Lloyd chief executive Rolf Habben Jansen said in comments to DVZ International, stressing that any resumption would require a stable and lasting improvement in security. There was no…
Company News

LIT expands UK operations with Dutch and British acquisitions

German logistics group LIT is strengthening its UK network through two acquisitions aimed at boosting traffic between continental Europe and Britain. At the start of the year, the Brake-based company acquired Dutch forwarder Olof Mtt, based in…
Company News

ITS Logistics set to be acquired by Echo Global Logistics

Echo Global Logistics has agreed to acquire the US-based 3PL provider ITS Logistics in a deal that will lift its annual revenues to close to 5.5 billion US dollars. Together, the two companies generated about 5.4 billion US dollars in 2025, according…
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