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.
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.
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.
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.
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.
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 nonasset-based freight brokerage firm ranked in the Top 20 nationally a…
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 …
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.
The Securities and Exchange Commission has formally charged the former chief financial officer and two of his associates at Roadrunner Transportation Systems with accounting fraud and misleading investors about the company’s financial results.
Visible Supply Chain Management has received an unspecified equity investment in its business from The Cynosure Group, an investment firm controlled by the Eccles family in Salt Lake City, according to a statement released April 3.