Inbound Logistics | April 2023

NOTED [ IN FOCUS ]

The Supply Chain in Brief

> GOOD WORKS

> M & A

n GEODIS finalized its acquisition of trans-o-flex, a network for temperature-controlled pharmaceutical goods and express premium delivery. n A.P. Moller-Maersk purchased Martin Bencher Group, a project logistics specialist that focuses on health, safety, security, and the environment. n Expanding to operate 20 terminals along the Gulf Coast, East Coast, and inland river system, Enstructure acquired Richardson Companies, a breakbulk specialist with primary operations in Port Houston and the Port of Mobile. n Trinity Industries purchased RSI Logistics , adding RSI’s rail technology, logistics services, and bulk terminal network to its railcar manufacturing, leasing, technology, and maintenance service. n Knight-Swift acquired U.S. Xpress for approximately $808 million, excluding transaction costs. The deal is expected to close late in the second quarter or early third quarter of 2023. n Expanding its air and sea freight network to cover Australia and New Zealand, DACHSER acquired ACA International —adding Australian oŽces in Brisbane, Melbourne, and Sydney and New Zealand locations in Auckland, Hamilton, and Wellington.

• For the fourth consecutive year, Averitt Express donated more than $1 million to St. Jude Children’s Research Hospital. This year’s $1.2 million represents the company’s largest ever donation to the hospital. • Redwood Logistics contributed $209,125 to the Danny Did Foundation—a nonprot organization that advances public awareness of Sudden Unexpected Death in Epilepsy and provides aid for those affected.

• As part of its 25th anniversary celebration, Combilift is donating its 75,000th truck— an Aisle Master articulated forklift— to Convoy of Hope, a non-prot humanitarian and disaster relief organization.

• Deutsche Post DHL Group (DPDHL) ranks second among the 50 best-performing global companies for hiring refugees, nds Refugee Integration Insights. Through measures such as application training, mentoring programs, and internships, DPDHL prepares refugees for the work world and offers them employment prospects within or outside the company.

16 Inbound Logistics • April 2023

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