freight broker
Geodis Expands Freight Brokerage Capacity With Velocity Acquisition
The acquisition of Velocity will allow Geodis to expand operations in the Dallas-Fort Worth metro area. (Geodis)
Geodis has reached an agreement to acquire all assets of Velocity Freight Transport, the supply chain operator announced July 6.
July 9, 2021Shippers Might Pay More for Cargo in 2021, C.H. Robinson Says
C.H. Robinson's CEO Bob Biesterfeld said air-freight capacity remains constrained. (Luke Sharrett/Bloomberg News)
Shippers probably will pay more for freight heading into 2021 after the pandemic lockdown drove many small truckers out of business and cargo demand rebounds faster than the economy, C.H. Robinson Worldwide Inc. CEO Bob Biesterfeld said.
September 22, 2020Circle Logistics Begins Posting Loads on NextLOAD
In March, Circle announced a partnership to book loads via DAT Book Now, an automated freight-tendering technology platform. (Circle Logistics)
Freight broker Circle Logistics has begun posting up to 600 available freight loads daily directly to NextLOAD.
September 4, 2020Digital Freight Sector Responds to Coronavirus Outbreak
Getty Images
Digital freight-matching companies are taking a proactive approach to confronting the coronavirus as the outbreak worsens.
March 23, 2020Mark-It Express Logistics Acquires Spirit Trucking
Chicago-based Mark-It Express was founded in 2009 and offers intermodal trucking and freight brokerage services. (Dennis Jourdan Photography)
Mark-It Express Logistics is expanding operations with the acquisition of the operating assets of Spirit Trucking Co., the company announced Jan. 17.
January 21, 2020Sherwood, Fr8Hub to Move Loads From Laredo, Texas
Sherwood Food Distributors announced it selected Fr8Hub to help move loads out of Laredo, Texas.
September 30, 2019C.H. Robinson Beats Wall Street Expectations With 1Q Earnings
C.H. Robinson
Freight broker and produce distributor C.H. Robinson Worldwide beat Wall Street profit expectations, even as it saw first-quarter total revenue decline 4.4% to $3.75 billion compared with $3.92 billion in the first quarter of 2018.
May 1, 2019Warehouse Operator Burris Logistics to Acquire Trinity 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.
April 9, 2019Gryphon Investors Buys Majority Stake in Nolan Transportation Group
Private equity firm Gryphon Investors added to its logistics portfolio with the purchase of a majority stake in Atlanta-based freight broker Nolan Transportation Group for an undisclosed amount.
January 7, 2019Forager Logistics Launches as Cross-Border Freight Broker
The cross-border freight brokerage and logistics service field has a new player in Forager Logistics. The Chicago-based company will focus on servicing supply chain networks in the automotive and aerospace industries, according to a Jan. 3 press release.
January 4, 2019