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DSV Panalpina acquires Agility's commercial cargo division

DSV Panalpina has announced the acquisition of Agility Global Integrated Logistics (Agility GIL), the general commercial cargo division of Middle Eastern logistics giant Agility. The purchase price is $4.2 billion. Combined with the performance of Agility GIL, DSV Panalpina's business scale will expand to approximately 22 billion dollars in sales and more than 70,000 employees, making it the world's third largest 3PL company by sales, surpassing DB Schenker. The company will handle more than 1.6 million metric tons of air cargo and 2.8 million metric tons of ocean cargo, putting it on a par with DHL Global Forwarding, the world's second largest forwarder.


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The ranking of international air cargo forwarders from Japan for May 2024 has been revealed. The top spot was taken by NX with 17,033 tons (+13.4% y/y), followed by KWE in second place with 10,112 ton

Top 5 Japan Freight Forwarders in March 2024

The March 2024 Japan International Air Cargo Forwarder Ranking has been revealed. The top spot goes to NX with 17,733 tons (-3.6% y/y), followed by Yusen Logistics with 11,016 tons (+18.2%), Kintetsu


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