Breaking: Descartes Systems acquires 3GTMS for $115M
The cloud-based TMS provider was founded in 2013.
The cloud-based TMS provider was founded in 2013.
Wabtec says it is acquiring Dellner Couplers, a Swedish manufacturer of passenger couplers and equipment, in a $960 million deal.
With the next Trump administration expected to drive regulatory changes, experts anticipate a surge in M&A activity across retail, e-commerce and FreightTech, as companies like Amazon and DoorDash look to expand in a pro-business environment.
The growth of cross-border e-commerce shipping influenced investment house Stonepeak’s decision to acquire Air Transport Services Group.
Over the past five quarters, Blue Yonder has spent over $1 billion in supply chain acquisitions, including Doddle and Flexis AG.
Logistics companies are starting again to look for acquisitions that can help them better compete across modes, services and geographies.
Canadian railway CN is acquiring family-owned Iowa Northern Railway, a 275-mile short-line railroad serving the Upper Midwest.
The freight market downturn has made profitability elusive.
3i Infrastructure-backed Regional Rail is adding Clinton Terminal Railroad to its assets in North Carolina.
Canadian Pacific Kansas City, or CPKC, marked its first day as the merged company of CP and KCS on Friday.
Canadian Pacific laid out who will be in key leadership roles after the company merges with Kansas City Southern in April.
Shippers and others weigh in on the Surface Transportation Board approving the railroad merger of Canadian Pacific and Kansas City Southern.
Los inversionistas en infraestructuras y los gobiernos locales buscan la presencia del ferrocarril en el desarrollo de proyectos
The railroads must work with other supply chain stakeholders and even consider sharing infrastructure in order to maintain an integral role within the broader freight transportation network, experts said at the Transportation Research Board’s annual meeting.
The German national railway is looking to sell off its DB Schenker logistics business if it can get a good price.
Promoting competition, Laredo’s rail conversion potential and passenger rail in Louisiana were among the themes explored in the second half of the seven-day hearing proceeding on the CP-KCS merger.
The Surface Transportation Board logged over 25 hours last week to hear from stakeholders about the advantages and drawbacks of the proposed Canadian Pacific and Kansas City Southern merger.
A Canadian whistleblower wants STB to press CP on how it plans to operate its private police force in the U.S. after its merger with Kansas City Southern.
Canadian Pacific has won clearance from U.S. regulators for its KCS acquisition and has reached a labor agreement with union leaders for train and engine employees.
Florida-based Patriot Rail plans to acquire Denver-based Pioneer Lines. Both companies operate short-line railroads in multiple states.