Freight Forwarding Market - Top Companies and Manufacturers

In the News

• CEVA Logistics announced that it has signed an agreement to acquire 96 percent of Mumbai-based Stellar Value Chain Solutions from an affiliate of private equity firm Warburg Pincus and other shareholders. Started in 2016 by Anshuman Singh, Stellar Value Chain Solutions has grown into a key local player in contract logistics with omnichannel fulfillment services in the eCommerce, automotive, food products, consumer, fashion and retail, healthcare, and pharmaceuticals market segments. Anshuman Singh will continue driving this business following the acquisition.

• FedEx Corp. and Microsoft Corp. revealed their next solution in their multi-year partnership to revolutionize logistics, supply chains, and commerce. FedEx and Microsoft plan to integrate Microsoft Dynamics 365 capabilities with FedEx network intelligence to launch a cross-platform "logistics as a service" for retailers, merchants, and brands. The organizations have a common goal of redefining the commerce experiences for companies to provide them with faster, more effective delivery as well as more integrated shopping options for their customers.