Business, Technology, Logistics

Investors Pour More Money Into Warehouse Tech Startups

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

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 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
Business

Cargo Transporters Promotes Dennis Dellinger to CEO

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
Business

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

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 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, Logistics, Top 50

How Consolidation and Freight Networks Are Disrupting the Logistics Landscape

Logistics companies are employing new business strategies to adapt to an ever-changing market.

Daniel P. Bearth | Staff Writer
April 8, 2019
Business, Logistics, Top 50

Is Amazon a Logistics Company? All Signs Point to That

Should Amazon.com be considered one of the largest logistics companies in North America? The answer, according to most industry observers, is yes. And how big is that business? That question, unfortunately, can’t be answered definitively, at least not yet.

Daniel P. Bearth | Staff Writer
April 8, 2019
Business, Logistics, Top 50

2019 Top 50 Logistics Companies

XPO Logistics remains ­firmly entrenched atop Transport Topics' 2019 Top 50 Logistics Companies rankings after a meteoric rise fueled by a string of high-profile acquisitions over the last eight years. Read about the full rankings.

Daniel P. Bearth | Staff Writer
April 8, 2019