Mark-It Express Logistics Acquires Spirit Trucking
Mark-It Express Logistics is expanding operations with the acquisition of the operating assets of Spirit Trucking Co., the company announced Jan. 17.
Sherwood, 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
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.
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.
Gryphon 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.
Forager 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, 2019Dupré Logistics to Restructure its Strategic Services After Growth
Lafayette-based Dupré Logistics’ Strategic Capacity Services has launched a regional reorganization that will include adding personnel after experiencing significant growth in the past two years.
Two Investment Firms Acquire Anderson Cargo Services
Two private equity investment firms have come together to acquire Anderson Cargo Services, a St. Paul, Minn.-based logistics firm.
October 31, 2018Haven Launches Platform to Aid Carriers, Shippers With Bookings
Software company Haven announced the launch of Origin, a carrier-neutral product that offers a streamlined booking process for carriers and forwarders.
October 29, 2018RK Logistics Opens Freight Brokerage Division
RK Logistics Group, a supply chain services firm based in California’s Silicon Valley region, has added freight brokerage to its service offerings. The company is setting up a new division to operate as an independent agent of Mode Transportation, a Dallas-based multimodal brokerage firm recently spun off from Hub Group.
October 9, 2018