Business, Logistics, Top 50

Seko Logistics, DSV Group Move to Expand E-Commerce Capabilities

U.S.-based Seko Logistics and DSV Group in Denmark have each made recent moves to increase their international e-commerce capabilities.

Daniel P. Bearth | Staff Writer
September 14, 2018
Business, Logistics

Acquisitions Mark Trend of Truck Insurance Agency Consolidation

AssuredPartners Inc., a Lake Mary, Fla.-based insurance brokerage firm, said it acquired the Roemer Insurance Agency and its affiliate Sunforest Transportation Insurance Group, both based in Toledo, Ohio.

Daniel P. Bearth | Staff Writer
September 12, 2018
Business, Technology

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.

Daniel P. Bearth | Staff Writer
September 12, 2018
Business

Survey: Driver Compensation Is Up, but Tell Us: Is It Making a Difference?

After many years of stagnant pay, truck driver compensation is rising substantially. But is it making a difference in your life or your business? We want to hear from you.

Daniel P. Bearth | Staff Writer
September 10, 2018
Business, Equipment, Logistics

German Auto Innovator Rolf Schnellecke Selected for Logistics Hall of Fame

Rolf Schnellecke, a German executive who led a movement toward outsourcing of parts assembly by automobile manufacturers and the development of just-in-time delivery services, has been selected for the Logistics Hall of Fame.

Daniel P. Bearth | Staff Writer
September 10, 2018
Business, Fuel

Aurora Capital Partners Sells Restaurant Technologies Inc.

Aurora Capital Partners has agreed to sell Restaurant Technologies Inc., a company that distributes cooking oil and collects used oil from U.S. restaurants, to West Street Infrastructure Partners III, an investment fund managed by Goldman Sachs.

Daniel P. Bearth | Staff Writer
September 10, 2018
Government, Business

Economists Paint Rosy Forecast for Trucking

WASHINGTON — Economists for trade associations representing manufacturing, construction and retail industries said during an industry conference here that they expect positive growth to continue for the remainder of 2018, with little chance of a downturn over the next year or so despite the threat of increasing trade tensions, rising interest rates and higher costs.

Daniel P. Bearth | Staff Writer
September 6, 2018
Business, Logistics, Top 50

Hub Group Finds Buyer for Mode Transportation

Less than a month after saying it would explore strategic alternatives for Mode Transportation, Hub Group found a buyer to pay more than $200 million for its agent-based multimodal freight brokerage business.

Daniel P. Bearth | Staff Writer
September 6, 2018
Business, Logistics

Dot Foods Owner Buys TAGG Logistics

Dot Family Holdings has acquired TAGG Logistics, a St. Louis-based company that provides fulfillment services for goods purchased online.

Daniel P. Bearth | Staff Writer
September 6, 2018
Business, Technology

Gryphon Investors Buys Majority Stake in Transportation Insight

Gryphon Investors has acquired a majority stake in Transportation Insight, a Hickory, N.C.-based logistics consulting and transportation management firm, for an undisclosed amount.

Daniel P. Bearth | Staff Writer
September 5, 2018