The company is so new that there isn’t any earnings history to discuss yet, but that will change in a few weeks.
When the market shifts, flexibility is the key to acting fast and capitalizing on new opportunities. Despite this, many processes in the industry can be quite rigid.
Tri-State Expedited announced it has been acquired by its senior management team.
The logistics arm of Cheema Freightlines announced it has acquired 3PL provider Walker Logistics.
Third-party logistics provider Unique Logistics filed for a public offering, which is expected to raise at least $35.5 million in net proceeds.
Transportation capacity continues to contract at a record pace with rates climbing to historical levels, according to the September Logistics Managers’ Index.
Pent-up demand is making its way to the surface in 2021; this year has seen an explosion in M&A activity due to the large amount of money available from strategics, private equity and venture capitalists.
ArcBest’s acquisition of truckload broker MoLo Solutions accompanies an announcement of strong third-quarter results for its LTL segment.
ArcBest announced after the close Wednesday it has entered into an agreement to acquire Chicago-based truckload broker MoLo.
Companies spend more than 10,000 man hours rating invoices every year. Dynamic rating solutions can change that.
