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, 2019BusinessLogistics
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.
January 7, 2019BusinessLogistics
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, 2019BusinessTechnologyTCA
Dupré 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.
November 1, 2018BusinessLogistics
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, 2018BusinessTechnologyLogistics
Haven 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, 2018BusinessLogistics
RK 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, 2018Business
Covenant Transportation Group Adopts New Name to Market Services
Covenant Transportation Group is adopting Covenant Transport Services as its new name to emphasize the company’s broad range of freight services.
October 2, 2017BusinessLogistics
Arrive Logistics Expands Chicago, Austin Offices to Accommodate Growth
Arrive Logistics will move to larger offices in Chicago and Austin, Texas, to accommodate the rapid growth in volume for the 3-year-old freight broker.
August 30, 2017Business
Freight Broker Report Shows Margins Still Improving
Freight brokers’ profit margins continue to improve, based on the latest report from the Transportation Intermediaries Association, which showed both year-over-year and sequential progress in the first quarter.
June 6, 2016