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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 BestTransport.com 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
