France-based forwarder Geodis signed an agreement to acquire Singapore-based forwarder Keppel Logistics, strengthening its position in the Asia-Pacific e-commerce market. The $80 million transaction includes Keppel Logistics’ businesses in Singapore, Malaysia and Australia, as well as its omnichannel e-commerce service UrbanFox, according to today’s release from Keppel Logistics. Following the acquisition by Geodis, Keppel Logistics […]
Geodis boosts Asia-Pacific e-commerce footprint with Keppel Logistics acquisition
