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March 19, 2024

Dell Technologies Capital Funds G2 Reverse Logistics

G2 Reverse Logistics has closed a $9.6 million seed funding round led by Dell Technologies Capital. The funds will be used for sales and marketing investments to support the company's global growth strategies....

By SBN Staff

February 2, 2024

KODIS Acquires Empire Freight Logistics to Strengthen and Diversify Service Offering

KODIS Holdings, a collection of niche logistics companies, completed the acquisition of Syracuse-based Empire Freight Logistics. This is KODIS' most recent acquisition since purchasing Tomball,...

By Staff Reports

January 19, 2023

Hy-Tek Holdings Acquires Advanced Handling Systems

Hy-Tek Holdings, a portfolio company of Dunes Point Capital, LP (DPC), has acquired Advanced Handling Systems. Hy-Tek is a material handling automation integrator serving clients in diverse...

By Dan Pender

June 17, 2022

How ITS Logistics' Scott Pruneau Proved His Company's Uniqueness

In the last quarter of 2020, ITS Logistics launched an almost entirely virtual sales process that ultimately ended with its acquisition by GHK Capital Partners in mid-2021. CEO Scott Pruneau says navigating the process without bringing anybody under the tent was a challenge....

By Adam Burroughs

February 11, 2021

All Pro Freight Buys Zone Transportation

The terms of the deal, which was reported in the Chronicle-Telegram, were not disclosed....

By Adam Burroughs

January 23, 2020

AMS Fulfillment Holdings acquires EchoData Group

Fort Point Capital, a Boston-based private equity firm, announced that its portfolio company, AMS Fulfillment Holdings LLC, has acquired EchoData Group....

By Adam Burroughs

January 9, 2020

DHL Supply Chain gets proactive with the digital disruption

About three years ago, DHL Supply Chain changed how it considered digitalization, moving from defense to offense and working directly with startups. Sally Miller, CIO North America, shared how the company set up and runs this innovation funnel....

By Jayne Gest

January 2, 2020

NFI acquires G&P Trucking

The G&P acquisition is expected to strengthen NFI’s asset and non-asset solutions and expand its Southeast footprint....

By Adam Burroughs

November 19, 2019

A&R Logistics Buys Plantgistix

Chicago-based Wind Point Partners acquired A&R in May 2019 in partnership with CEO Mark Holden, a veteran executive in the logistics space who previously led four separate investments to a successful sale or IPO....

By Mark Scott

November 18, 2019

Lineage Logistics Buys Dallas-Based Emergent Cold

While financial terms of the transactions were not disclosed, The Wall Street Journal cited a source that valued the deal at more than $900 million....

By Mark Scott

November 5, 2019

Universal Logistics Buys Roadrunner Intermodal

Universal expects its intermodal drayage business to operate an estimated fleet of over 2,500 tractors, transact business from 49 terminals strategically located throughout the U.S., and produce future annual revenues in excess of $500 million....

By Mark Scott

October 30, 2019

TRANSInternational System purchased

IMC Companies, an intermodal logistics business, has acquired Worthington-headquartered TRANSInternational System. The acquisition enhances the Memphis, Tennessee-based company’s existing national footprint....

By Jayne Gest

October 29, 2019

Liberty Property Trust to be acquired by Prologis

Liberty Property Trust is set to be acquired by Prologis Inc. in an all-stock transaction, valued at approximately $12.6 billion....

By Adam Burroughs

October 28, 2019

Target Freight Management Buys NTS

Target Freight Management has acquired National Traffic Service Inc., a freight auditing and payment service. The strategic acquisition will better serve the end-to-end logistical needs of TFM’s less-than-truckload, full truckload and parcel freight customers throughout the U.S. and Canada....

By Jayne Gest

August 27, 2019

Exegistics Buys Versant Supply Chain’s Indianpolis Operation

The Indianapolis staffing operation of Versant Supply Chain will operate as Exegistics Resource Solutions and expects to work with a range of clients....

By Mark Scott

August 21, 2019

BestTransport purchased by Canadian firm

Descartes Systems Group has acquired Columbus-headquartered Inc., a cloud-based transportation management system provider focused on flatbed-intensive manufacturers and distributors, for $11.2 million. The deal should strengthen the Ontario company’s transportation management footprint....

By Jayne Gest

June 11, 2019

Toronto REIT closes purchase of New Albany logistics facility

Dream Industrial REIT has completed its acquisition of a 264,000-square-foot logistics facility in the New Albany International Business Park for $23.8 million....

By Jayne Gest

April 22, 2019

Universal Logistics is acquiring Chicago’s Michael’s Cartage

The acquisition by the Warren-based company will position Universal as a leading intermodal drayage provider in the Chicago market....

By Mark Scott

February 25, 2019

Lineage Logistics buying rival for a reported $1B+

The deal to buy Preferred Freezer Services unites two of the industry's largest companies....

By Aztek Dev

October 26, 2018

Douglas J. Sibila

Peoples Services CEO Doug Sibila talks about his methodical approach to dealmaking and the role networking plays in his company’s M&A strategy....

By Mark Scott

January 19, 2018

ASW Global’s André Thornton

ASW Global CEO André Thornton speaks about how he lays the groundwork for acquisitions and then takes steps to ensure there is a fit before closing any deal....

By Mark Scott