(Hariesh Manaadiar – Shipping & Freight Resource)
Shipping lines seem to be strengthening their position in the market with growth strategies based on the acquisition of logistics service providers.
Close on the heels of CMA-CGM’s acquisition of a major stake in CEVA Logistics, another shipping major has announced the acquisition of a customs brokerage firm.
Maersk announced the acquisition of Vandegrift Inc., a premier US-based Customs House Broker, representing the first acquisition of the year in the fast-growing logistics sector. Click here to read more.
- Maersk Press Release
- Maersk Pushes Logistics Ambition, Buying U.S. Customs House Brokerage Specialist (The Loadstar)