Daniel P. Bearth

Business, Logistics, Top 100

Heartland Express Continues to Post Profit Improvement

Heartland Express truck Heartland Express Inc.

Heartland Express Inc. reported another quarter of profit improvement despite a weakening freight environment and bad weather in the first quarter of 2019.

Daniel P. Bearth | Staff Writer
April 22, 2019
Business, Technology, Logistics

Investors Pour More Money Into Warehouse Tech Startups

warehouse Flowspace X ShipHawk Testimonial via YouTube

Flowspace, a technology firm that helps businesses manage warehousing and fulfillment services, received $12 million in funding from an investment group led by Canvas Ventures.

Daniel P. Bearth | Staff Writer
April 18, 2019
Government, Business, Logistics

Growth Continues, but Risk of Recession Looms Larger, Economist Says

Roadrunner Transportation Systems trailers Roadrunner Transportation Systems via Facebook

ORLANDO, Fla. — Freight brokerage and third-party logistics firms can expect another year of positive business growth before facing an increased threat of recession, according to economist Noel Perry.

Daniel P. Bearth | Staff Writer
April 17, 2019
Business, Logistics, Top 50

Americold Agrees to Acquire Cloverleaf Cold Storage

Americold signage Americold

Americold Logistics has agreed to buy Cloverleaf Cold Storage for $1.24 billion, a move that ramps up a trend toward consolidation in the refrigerated warehousing sector.

Daniel P. Bearth | Staff Writer
April 16, 2019

Cargo Transporters Promotes Dennis Dellinger to CEO

Cargo Transporters Left to right: Dennis Dellinger, Jerry Sigmon Jr., Jerry Sigmon Sr. and Adam Heavner. (Cargo Transporters)

Cargo Transporters Inc. announced the promotion of Dennis Dellinger to CEO, along with several other management changes at the Claremont, N.C.-based dry van truckload carrier.

Daniel P. Bearth | Staff Writer
April 16, 2019

Waterfall, TRP Capital Partners Invest in Truck Rental Firm Flex Fleet

Flex Fleet Rental, a Salt Lake City company that provides commercial truck rentals, is receiving financial backing from Waterfall Asset Management and TRP Capital Partners to expand its business and establish a national presence.

Daniel P. Bearth | Staff Writer
April 12, 2019
Business, Technology

Renovus Capital Partners Buys Majority Stake in KSM Consulting

KSM office KSM

Renovus Capital Partners, a Wayne, Pa.-based investment firm that holds stakes in nearly two dozen companies that provide education and training services, has acquired a majority interest in KSM Consulting in Indianapolis.

Daniel P. Bearth | Staff Writer
April 12, 2019
Business, Logistics

Warehouse Operator Burris Logistics to Acquire Trinity Logistics

Burris Logistics A Burris Freight Management truck. (Burris Freight Management)

Burris Logistics and Trinity Logistics have agreed to a merger that will combine a $3 billion refrigerated warehousing and food distribution business based in Milford, Del., with a top-ranked non-asset based freight brokerage firm less than 30 miles away in Seaford, Del.

Daniel P. Bearth | Staff Writer
April 9, 2019
Business, Technology, Fuel

J.B. Hunt Transport Services Takes Delivery of First All-Electric Trucks

J.B. Hunt's eCanter One of the eCanter electric trucks purchased by J.B. Hunt. (J.B. Hunt Transport Services)

J.B. Hunt Transport Services has made its first purchase of electric-powered trucks, acquiring five medium-duty eCanter box trucks from Mitsubishi Fuso Truck and Bus Corp. for use in making deliveries in Santa Fe Springs, Calif., and in the greater Houston area in Texas.

Daniel P. Bearth | Staff Writer
December 5, 2018
Government, Business, Technology, Logistics, Autonomous

Trucking Braces for Fallout From GM Plant Closings

GM Lordstown, Ohio, plant GM's assembly plant in Lordstown, Ohio, is set to close in 2019. (General Motors)

The decision by General Motors to cease production at five of its factories in the United States and Canada will have consequences for trucking companies that serve those plants.

Daniel P. Bearth | Staff Writer
November 29, 2018