Warehousing

C.H. Robinson officials said that with Prime now officially in the fold—and set to be integrated into the company’s North American Surface Transportation division—this acquisition will expand its retail consolidation business while also providing more scale, capabilities, and expertise to its service portfolio. And they added that this acquisition is expected to be slightly accretive to earnings in 2020.

In a move geared towards augmenting its end-to-end supply chain service offerings, Copenhagen, Denmark-based A.P. Moller Maersk, an integrated container logistics services provider, said yesterday it inked an agreement to acquire El Segundo, Calif.-based Performance Team, a provider of warehousing and distribution services.