Crane Worldwide Logistics Acquires Blue Cargo to Strengthen Spanish Operations

Key Details Crane Worldwide Logistics, the Houston-based freight forwarding giant, has acquired Blue Cargo, a Spain-based freight forwarder. The acquisition marks another strategic expansion across Europe for the growing logistics provider. Blue Cargo Operations Blue Cargo specializes in air, ocean, and road freight management with a focus on Southern Europe. The company operates a Madrid warehouse offering bonded storage, freight consolidation, and inventory staging capabilities serving both Spain and Portugal. Why It Matters This acquisition strengthens Crane's European presence across multiple transportation modes and service lines. With over 150 offices in 33 countries and 4,500 employees, Crane continues its aggressive growth trajectory toward exceeding $3.2 billion in revenue. Company Growth Chairman and founder Jim Crane has positioned the company to surpass the legacy performance of Eagle Global Logistics, which generated $3.2 billion before its 2007 sale to Apollo Management. The Blue Cargo deal reflects Crane's commitment to expanding global capabilities and market reach. Deal Terms Financial terms of the acquisition were not disclosed by either party.