ABX Logistics

ABX Logistics was an international freight forwarding and logistics company headquartered in Brussels, Belgium, that operated from 1993 until its acquisition by DSV in October 2008. The company provided comprehensive freight forwarding and logistics services across various industry sectors, offering solutions including road, air, sea, and rail frei... ght, as well as warehousing and supply chain management services. ABX Logistics served multiple industries including automotive, technology, healthcare, industrial, and consumer goods sectors. At the time of its acquisition, the company operated in 35 countries with approximately 6,700 full-time employees and achieved consolidated revenues of 1.8 billion euros in 2007. The company was originally formed through acquisitions by the Belgian Railways between 1998 and 2001, creating a natural hub for logistics activities and multimodal transportation. In November 2004, private equity firm 3i entered into negotiations to acquire ABX Logistics, with the transaction completing in August 2006 following regulatory approval. Under CEO Laurent Levaux, who was appointed in March 2003, the company underwent strategic repositioning and restructuring to integrate previous acquisitions and restore profitability. ABX Logistics operated as a global freight forwarder with a broad spectrum of services in international and domestic transportation, positioning Belgium as a global transportation and logistics center.Read More