Arrive Logistics Raises $25 Million for Expansion
Freight brokerage company Arrive Logistics announced June 18 that it has raised an additional $25 million for expansion.
FitzMark Acquires Reliable Source Logistics
Two Indianapolis-based freight brokerage firms, FitzMark Inc. and Reliable Source Logistics, are joining forces in a quest to build a global “logistics powerhouse,” company officials said.
Brokerage Firm Tallgrass Pursues Growth Through Sales Agents
Damon Anderson is using his company, Tallgrass Freight Co., to help other freight brokers and sales agents go out on their own by providing technical support, plus insurance and fringe benefits that are usually available only from larger corporate entities.
C.H. Robinson Profits Drop 22% in 2Q, Falling Far Short of Analyst Forecasts
C.H. Robinson announced profits plunged 22% in the second quarter compared with a year ago, coming up well short of the lackluster Bloomberg News consensus forecast of industry analysts.
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January 21, 2016