TOKYO -- SG Holdings, one of Japan's leading ground transporters, announced Friday a tender offer to acquire a domestic counterpart that already has a suitor, as pressure mounts for realignment in an industry facing a looming driver shortage.
C&F Logistics embraces higher bid over earlier offer from AZ-COM

SG Holdings is looking to secure more drivers and streamline facilities by acquiring competitor C&F. (SG Holdings)
TOKYO -- SG Holdings, one of Japan's leading ground transporters, announced Friday a tender offer to acquire a domestic counterpart that already has a suitor, as pressure mounts for realignment in an industry facing a looming driver shortage.