M&A speculation swirls as EV Cargo unveils 'robust financial position'
EV Cargo has published improved financial results – but has remained tight-lipped about increasingly loud ...
Photo: AIT Worldwide Logistics
AIT Worldwide Logistics is replicating its recently launched US ‘middle-mile’ strategy in Europe, by making an acquisition.
On Friday, it agreed to acquire the Netherlands-based Lubbers Logistics Group, which focuses on road transport, project cargo and international forwarding.
“Lubbers’ robust one-stop shop approach and the long-standing relationships with industry-leading customers make it an excellent fit for AIT,” said chief business officer Greg Weigel.
“We see significant potential for their broad network by growing freight forwarding operations and energy sector expertise … We’re also ...
Comment on this article