Consolidation in logistics Automotive Logistics

Automotive Logistics: “Big fish eat the little fish…”

The big players in automotive logistics are getting bigger after a record year for mergers and acquisitions, with middle players at particular risk of being subsumed. So will this trend continue?. Consolidation – Big fish small fishThere has been a growing trend for consolidation in the third party logistics sector over the past few years, including among companies operating heavily in automotive and finished vehicle logistics. In 2015, a number of notable acquisitions played out, including Penske Logistics’ takeover of Transfreight North America, the purchase of UTi Worldwide by Danish outfit DSV, and Gefco’s takeover of Dutch freight forwarder IJS Global. XPO Logistics, meanwhile, has been on a buying spree, with 2015 most significant as it took over France-based Norbert Dentressangle and US-based Con-way. Continue reading Automotive Logistics: “Big fish eat the little fish…”