Apex Logistics

On the wires: SF Holding – M&A fillip already gone (as Kuehne and TFI smile)

That the full, upcoming Q1 ’21 update – expected within the next month – would be painful for SF Holding emerged recently and may be a reason according to which the Chinese integrator had to act swiftly to take over Kerry Logistics Network, although the M&A momentum was momentary, as opposed to that enjoyed by others that went for deal-making in the first quarter.

“Valuation still stretched after share price correction: SF’s share …

The post On the wires: SF Holding – M&A fillip already gone (as...

https://theloadstar.com/on-the-wires-sf-holding-ma-fillip-already-gone-as-kuehne-and-tfi-smile/

Global forwarding the star performer, driving growth for Kerry Logistics

Kerry Logistics Network’s freight forwarding division drove growth at the group, which saw core net profit in 2020 grow 33% to HK$3.32bn (US$234m).
Revenues rose 30% to HK$53.3bn, while its cash position grew some 45%, to HK$8.47bn.
Kerry’s International Freight Forwarding (IFF) arm was “the powerhouse”, said the company, accounting for 28% of the total profit, with its own profit up 64% year on year.
“The growth was mainly driven by a high …

The post Global forwarding the star performer,...

https://theloadstar.com/global-forwarding-the-star-performer-driving-growth-for-kerry-logistics/

Markert Insight: How M&A is changing your business as your business changes

In late April last year, ten days after I lost my father-in-law – who had several pre-existing conditions but maybe would be around for Easter 2021 if Covid-19 didn’t exist – I wrote a debt-driven, lightly M&A-focused piece titled: “Three, four waves, and then comes the M&A spike“.
Building up
It was when the EBITDAC concept – earnings before interest, taxes, interest, depreciation, amortisation and coronavirus – first spread, with data provider Refinitiv at …

The post Markert Insight: How M&A...

https://theloadstar.com/markert-insight-how-ma-is-changing-your-business-as-your-business-changes/

Kuehne + Nagel set to buy Asian forwarder Apex – its largest takeover yet

Kuehne + Nagel is set to expand its presence in Asia with the purchase of freight forwarder Apex International Corporation – described as the largest acquisition in the Swiss company’s history.
The two parties said the purchase price would remain undisclosed for the time being, although a Bloomberg report values the deal at $1.5bn.
Apex was founded in China in 2001 and has expanded across Asia, making it an increasingly attractive takeover …

The post Kuehne + Nagel set to buy Asian forwarder...

https://theloadstar.com/kuehne-nagel-set-to-buy-asian-forwarder-apex-its-largest-takeover-yet/

M&A radar: Kuehne + Apex – ‘more to come down the track’

While delving into the rationale behind a Dachser + Hellmann tie-up, we told you last Thursday that the rainmakers were busy as ever drafting possible combinations in logistics.
Then our own Merger Monday in supply chain came and a rather pleasing M&A announcement with it, which unfortunately we couldn’t predict but luckily, after a rather long wait, it’s from Switzerland’s Kuehne + Nagel – its Apex purchase was preliminarily flagged here …

The post M&A radar: Kuehne + Apex – ‘more to come down...

https://theloadstar.com/ma-radar-kuehne-apex-more-to-come-down-the-track/

E-commerce growth furthers interest in direct-from-origin shipping options

In recent years, consumers have consistently put pressure on companies to amp up their online options. E-commerce sales have steadily grown year-over-year for the last couple of decades. E-commerce’s share of total retail sales has historically climbed about 1% each year. That changed in 2020. 

Americans’ previously slow-growing fervor for online shopping was shifted into high gear when the coronavirus pandemic started making its way across the nation in March 2020. According to U.S. Census...

https://s29755.pcdn.co/news/e-commerce-growth-furthers-interest-in-direct-from-origin-shipping-options

Pandemic continues to fuel freighter demand

Plane being loaded with cargo in Hong Kong.

The coronavirus pandemic took a toll on every part of industry, but it has been particularly hard on the air cargo sector. The virus spread across the globe, halting travel and grounding flights. With passenger planes all but out of commission earlier this year – and still lagging considerably in the fourth quarter – shippers had significantly fewer options for moving their products across the world. To complicate matters further, transportation options fell through right as consumer demand for...

https://www.freightwaves.com/news/pandemic-continues-to-fuel-freighter-demand