PSA International, a global port operator owned by the Singaporean government, said Wednesday it has agreed to acquire Philadelphia-based freight management company BDP International, building on the trend of asset-based transportation providers expanding to offer customers an end-to-end logistics services.
PSA is the largest container terminal operator in the world based on throughput. Last year it handled 86.8 million twenty-foot equivalent units.
BDP, which is owned by New York-based private...
https://www.freightwaves.com/news/mega-port-operator-psa-to-buy-us-freight-forwarder-bdp