Supply Chain Research

SF Holding will purchase a 51.5% stake in Kerry Logistics in a deal designed to allow the China-focused package firm to gain an international footprint. The deal may spark a new round of M&A in the airfreight and logistics sector after dealmaking in 2020 fell to 178 transactions from 222 deals in 2019. Indeed, DSV Panalpina’s CEO, Jens Bjørn Andersen has stated that within one to two years “I’ll be extremely disappointed if we were not able to do at least 1 decent-sized acquisition before that period of time and maybe more than that.” U.S. seaborne imports handled by Kerry Logistics clim...