Forward Air CEO Resigns Amid Omni Logistics Merger Struggles

Forward Air CEO Resigns Amid Omni Logistics Merger Struggles

Forward Air CEO Tom Schmitt has abruptly resigned, with Michael Hance appointed as interim CEO. This move is potentially linked to challenges in integrating the acquisition of Omni, suggesting a possible shift in company strategy. The sudden departure raises questions about the progress of the integration and Forward Air's future direction within the competitive logistics landscape. The company may be re-evaluating its approach to maximize synergies and address any unforeseen hurdles encountered during the post-acquisition phase.

01/20/2026 Logistics
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Kuehnenagel Buys TDN to Expand European and Latin American Road Logistics

Kuehnenagel Buys TDN to Expand European and Latin American Road Logistics

Kuehne+Nagel is acquiring TDN, a Spanish road logistics company, to strengthen its European groupage network and enhance last-mile delivery capabilities. This acquisition also lays the groundwork for future expansion into the Latin American market. TDN possesses a robust network and strong operational capabilities. The acquisition is expected to be immediately accretive to earnings and highly synergistic with Kuehne+Nagel's existing business. The move underscores Kuehne+Nagel's commitment to expanding its reach and improving its service offerings within the European logistics landscape.

11/03/2025 Logistics
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Guide Using Whatsapp for Global Trade Expansion

Guide Using Whatsapp for Global Trade Expansion

This article provides an in-depth analysis of WhatsApp's application in foreign trade customer acquisition, offering comprehensive guidance from account acquisition and practical tips to advanced tools. Driven by data analysis strategies, it helps foreign trade companies improve customer reach and order conversion rates, achieving refined operations. Learn how to effectively leverage WhatsApp for lead generation, customer engagement, and ultimately, boosting your international sales through strategic implementation and data-driven insights. This guide covers essential aspects to maximize your WhatsApp marketing efforts.

Amazon Buys Robotics Firm Cloostermans to Boost Warehouse Efficiency

Amazon Buys Robotics Firm Cloostermans to Boost Warehouse Efficiency

Amazon's acquisition of Belgian warehouse robotics company Cloostermans aims to enhance warehouse automation and address storage capacity challenges. While the short-term impact may be limited, automation is a necessary trend for cross-border e-commerce in the long run. Sellers should pay attention to industry trends, optimize inventory management, and improve operational efficiency to adapt to future market competition. This acquisition signals Amazon's continued investment in automation to improve efficiency and potentially reduce costs related to storage and fulfillment.

01/06/2026 Logistics
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Xxxlutz Buys Home24 to Expand European Furniture Reach

Xxxlutz Buys Home24 to Expand European Furniture Reach

Austrian furniture retail giant XXXLutz announced the acquisition of Home24, Europe's largest online furniture store, aiming to provide long-term financial support for its growth strategy. Home24 will maintain independent operations with its existing management team. This acquisition signals an acceleration of online-offline integration in the furniture industry, potentially reshaping the future landscape. The move reflects a growing trend of established retailers bolstering their online presence through strategic acquisitions, consolidating market share, and capitalizing on the evolving consumer shopping habits.

Stord Expands Global Supply Chain with Shipwire Buy

Stord Expands Global Supply Chain with Shipwire Buy

Stord's acquisition of Shipwire aims to expand its global fulfillment network and accelerate its AI-driven supply chain strategy. This acquisition strengthens Stord's presence in the EU and UK while enhancing its AI capabilities. Shipwire's technology and customer base align perfectly with Stord's existing operations, promising smarter and more efficient supply chain solutions for e-commerce and omnichannel brands. The deal will allow Stord to offer more comprehensive and technologically advanced services to its clients, improving delivery times and reducing costs.

01/21/2026 Logistics
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Arcbest Acquires Molo Solutions to Expand Logistics Reach

Arcbest Acquires Molo Solutions to Expand Logistics Reach

ArcBest's acquisition of MoLo positions it among the top US truckload freight brokerages. This strategic move integrates technology and assets, aiming to enhance efficiency and deliver digitized, intelligent logistics solutions. The acquisition strengthens ArcBest's capabilities in freight brokerage and supply chain management, allowing them to offer a more comprehensive suite of services to their customers. By combining MoLo's expertise with ArcBest's existing infrastructure, the company is poised to drive innovation and improve the overall customer experience in the logistics sector.

01/20/2026 Logistics
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Project44 Buys Convey for 255M to Boost Lastmile Tracking

Project44 Buys Convey for 255M to Boost Lastmile Tracking

Project44 acquired Convey for $255 million, aiming to expand its end-to-end supply chain visibility platform, particularly strengthening its last-mile delivery capabilities. Convey's technology helps shippers connect parcel and freight data, optimizing the final mile delivery experience. This marks project44's third acquisition this year, demonstrating its strategy to build a more robust supply chain visibility platform. The acquisition will integrate Convey's expertise in last-mile delivery with project44's existing capabilities to provide enhanced tracking and management for shipments.

01/19/2026 Logistics
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TFI International Acquires DD Sexton to Boost Cold Chain Operations

TFI International Acquires DD Sexton to Boost Cold Chain Operations

TFI International acquired D&D Sexton to expand its cold chain operations and enhance temperature-controlled transportation capabilities. D&D Sexton will be integrated into the CFI group, strengthening its local and short-haul transportation services. This acquisition aligns with the growing demand for cold chain solutions. TFI International plans to integrate resources and optimize operations, aiming to gain a competitive edge in the increasingly competitive cold chain market. The acquisition should allow TFI to better serve customers requiring specialized temperature controlled transport.

01/19/2026 Logistics
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Sysco Acquires Coastal Companies to Boost Cold Chain Operations

Sysco Acquires Coastal Companies to Boost Cold Chain Operations

Sysco's acquisition of The Coastal Companies enhances its cold chain transportation capabilities and market share in the Mid-Atlantic region. This strategic move aims to strengthen logistical control and address ongoing supply chain challenges. The acquisition allows Sysco to better manage the distribution of fresh produce and other temperature-sensitive goods, ensuring quality and efficiency. By integrating The Coastal Companies' expertise and infrastructure, Sysco is poised to improve its overall supply chain resilience and responsiveness to customer demands in a critical geographic area.