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Announced

zipmend to acquire 3PL business of instafreight.

Synopsis

zipmend, a provider of forwarding and courier transport, agreed to acquire 3PL business of instafreight, a logistics company. Financial terms were not disclosed. "With zipmend Express, we have found a strong partner who can continue to offer our customers a high-quality range of spot market transport services. I am convinced that customers will benefit from the expertise and reliable service of zipmend Express," Philipp Ortwein, instafreight Managing Director.

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