Back in 2017, Toyota said that it would invest at least $10 billion over the course of the next five years in its U.S. manufacturing presence. Now, the Japanese automaker is saying it will exceed that goal in announcing a new commitment of $13 billion in the same timeframe.
March 15, 2019Business, Logistics
Mason Wells Acquires RJW Logistics Group
Private equity firm Mason Wells of Milwaukee has acquired RJW Logistics Group Inc., a supply-chain logistics service for packaged-goods companies
March 18, 2019Business, Technology, Logistics, TCA
Toyota Boosts Investment in US Manufacturing to $13 Billion, Adds Another 600 Jobs
Business, Technology, Logistics
Freightera Logistics Secures Investment From Decathlon Capital Partners
Freightera, an online marketplace for freight costs and service comparisons, has announced a major investment from Decathlon Capital Partners, per a Jan. 24 press release. An exact figure wasn’t disclosed but was described as being seven figures.
February 4, 2019Business, Technology, Logistics
Bringg Receives $12 Million in New Funding
Bringg, a software firm based in Tel Aviv, Israel, that offers a delivery logistics platform for companies including Coca-Cola, Panera Bread and Kimberly-Clark, has raised $12 million in new funding from automotive executive Shmuel Harlap, billionaire investor Eyal Ofer and Salesforce Ventures.
January 22, 2018Business, Technology
Sandhills Invests in FR8 Revolution
Trade publisher Sandhills Publishing invested an undisclosed amount in FR8 Revolution Inc., operator of the FR8Star.com marketplace for open-deck freight transportation carriers and shippers.
December 18, 2017Government, Business, Equipment, Logistics
Canadian Pacific Railway Sees End of the Line for Government-Owned Grain Cars
Canadian Pacific Railway Ltd. is ready to buy its own grain cars, sidelining 6,000 government-provided ones from the 1970s that are no longer up to the job.
July 20, 2017Government, Business, Logistics, TCA
Logistics Plus to Expand Pennsylvania Headquarters
On July 13, Gov. Tom Wolf announced that Logistics Plus, which handles transportation and logistics around the world, will expand its headquarters in Erie’s Union Station, creating 44 new jobs.
July 18, 2017Business, Technology, Equipment, Safety, Autonomous
Mining Companies Looking at New Fleets, Could Use Autonomous Trucks to Save Millions
Mining companies in Australia, the world’s biggest exporter of iron ore and coal, are poised to approve fresh investments in projects, driven by rallying commodity prices and the need to replace depleting deposits, according to global equipment supply giant, Komatsu Ltd.
July 17, 2017Business
Lockheed Martin Adds to Investment in Vnomics Corp.
Vnomics Corp. announced Lockheed Martin Corp., an original investor, will further invest in the company and the development of its latest technology, True Fuel.
September 23, 2016Business
Celadon Buys 6% Stake in Truckload Carrier USA Truck
Truckload carrier Celadon Group last week said it had purchased a 6.29% stake in truckload fleet USA Truck, but did not comment on its plans beyond saying it was “a potentially attractive investment.â€
October 17, 2011