acquisitions
- Modern Shipper
Descartes snaps up e-commerce shipping solutions provider XPS Technologies for $65M
The e-commerce parcel shipping solutions provider is Descartes’ sixth acquisition since the beginning of 2021.
Read More » - Modern Shipper
American Eagle supply chain business snatches revenue growth from decline
In what was a difficult quarter for American Eagle and retailers generally, the outfitter’s supply chain business showed promise.
Read More » - Modern Shipper
American Eagle steps up bid to become the ‘anti-Amazon’
With logistics subsidiary Quiet Platforms, American Eagle is developing a unique strategy to help retailers compete with Amazon.
Read More » - Company earnings
Cummins expects to keep raising prices to keep up with inflation
Cummins Inc. expects to keep raising prices to stay ahead of inflation in the materials it buys for engines and powertrains.
Read More » - Modern Shipper
Mark-It Express grows fleet with Clean Car Connexion purchase
Chicago-based Mark-It Express Logistics has acquired the operational assets of Joliet- Illinois-based Clean Car Connexion.
Read More » - American Shipper
Traxens acquires NEXT4; CEOs discuss port congestion
Traxens CEO David Marchand says that “known port congestion is only the tip of the iceberg.”
Read More » - E-commerce & Fulfillment
American Eagle Outfitters acquires Quiet Logistics for $360 million
Following the seemingly unusual acquisition of AirTerra in August, American Eagle Outfitters is dipping back into the logistics well.
Read More » - Trucking
Rush Enterprises pays $205M to add 16 more truck dealerships
San Antonio-based Rush Enterprises, already far and away the largest U.S. network of commercial truck dealerships, is getting even bigger.
Read More » - News
Descartes: Global demand, acquisition strategy fuel continued record revenue growth
“When we overperform, we expect to reinvest that back into our business. We focus on recurring revenues and establishing relationships with customers for life,” said…
Read More » - Container
Mega port operator PSA to buy US freight forwarder BDP
The largest container terminal operator in the world is buying BDP, a midsize U.S. freight forwarder.
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