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Third-party logistics provider CEVA Logistics said it has signed a share purchase agreement to acquire project logistics firm Fagioli Group.
CEVA said Fagioli’s “complementary capabilities” would enable CEVA to cover the entire project logistics value chain, offering solutions from early-stage development to final delivery. The transaction is subject to customary regulatory approvals.
Private equity firm QuattroR represents the largest shareholder of Fagioli Group, while the remaining shares are held by the family ...
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Global logistics provider GEODIS said it has concluded an agreement to acquire Malherbe, a provider of full truckload road freight transport to continue developing its French road freight market for full and less-than truckloads, and to bolster its presence in the agri-food and mass retail ...
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J. J. Keller & Associates Inc. has developed the VT100 Vehicle Telematics Device, for fleet operators to more easily manage compliance and vehicle tracking.
This compact, plug-and-play unit combines an electronic logging device (ELD) and 24/7 GPS tracking solution in a single device.
The VT100 integrates with ...
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Schneider National Inc., the multimodal provider of transportation, intermodal and logistics services, has introduced Schneider Fast Track, a premium solution for shippers with time-sensitive and high-service freight needs.
Fast Track combines Schneider’s extensive asset-based truckload and intermodal capabilities with strategic rail partnerships to create a network ...
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ITS Logistics, the North America asset-based third-party logistics providers, said Nov. 13 it released its November forecast in the ITS Logistics U.S. Port/Rail Ramp Freight Index (https://tinyurl.com/44742dyp).
The index confirms a continued decline of import and export volumes, which, while hindering overall economic activity, has allowed ...
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The Long Beach Board of Harbor Commissioners have approved a cooperative agreement with the South Coast Air Quality Management District (SCAQMD) and the Port of Los Angeles containing time-bound and enforceable commitments to develop zero-emissions infrastructure at the nation’s largest ports complex.
The agreement, which the ...
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Global investment firm KKR said it has launched Galaxy Container Solutions, a global marine container leasing and financing platform, in partnership with a team of industry veterans.
Galaxy will be owned by KKR-managed credit funds and accounts, which are committing US$500 million to the company via ...
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Amid a prolonged freight recession and shifting global trade patterns, C.H. Robinson said it delivered another strong quarter of earnings, with execution of its strategic initiatives and the growing impact of its Lean AI transformation.
During the company’s third-quarter earnings call, Dave Bozeman, president and CEO, ...
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U.S. consumers plan to spend US$890.49 per person on average this year on holiday gifts, food, decorations and other seasonal items, according to the National Retail Federation’s annual consumer survey conducted by Prosper Insights & Analytics.
The amount is the second-highest in the survey’s 23-year history ...
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DHL Global Forwarding, the air and ocean freight specialist of DHL Group, has launched DHL Consolidated Clearance Service for U.S. Imports, a new customs solution tailored to e-commerce and retail businesses.
As U.S. tariff policies evolve and regulatory demands intensify, importers – particularly in fast-moving consumer ...
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