TPM: Forwarders need 'clout' to survive as the ocean carriers move in
Ocean carriers undermining forwarders that don’t have “enough clout” will drive consolidation this year. Delegates ...
AIT Worldwide Logistics ended 2020 on a high note: On 21 December the Illinois-based logistics firm announced an agreement to acquire Fiege Forwarding from its German parent, less than a month after agreeing to take over UK delivery specialist Panther Logistics.
“There are a lot of companies that are on the defensive, but we find this is the time to go on the offensive and take advantage of gaining market share,” said AIT president and CEO Vaughn Moore.
Panther, which specialises in ...
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