Seko Logistics, DSV Group Move to Expand E-Commerce Capabilities
U.S.-based Seko Logistics and DSV Group in Denmark have each made recent moves to increase their international e-commerce capabilities.
Acquisitions Mark Trend of Truck Insurance Agency Consolidation
AssuredPartners Inc., a Lake Mary, Fla.-based insurance brokerage firm, said it acquired the Roemer Insurance Agency and its affiliate Sunforest Transportation Insurance Group, both based in Toledo, Ohio.
Brokerage Firm Tallgrass Pursues Growth Through Sales Agents
Damon Anderson is using his company, Tallgrass Freight Co., to help other freight brokers and sales agents go out on their own by providing technical support, plus insurance and fringe benefits that are usually available only from larger corporate entities.
Survey: Driver Compensation Is Up, but Tell Us: Is It Making a Difference?
After many years of stagnant pay, truck driver compensation is rising substantially. But is it making a difference in your life or your business? We want to hear from you.
German Auto Innovator Rolf Schnellecke Selected for Logistics Hall of Fame
Rolf Schnellecke, a German executive who led a movement toward outsourcing of parts assembly by automobile manufacturers and the development of just-in-time delivery services, has been selected for the Logistics Hall of Fame.
Aurora Capital Partners Sells Restaurant Technologies Inc.
Aurora Capital Partners has agreed to sell Restaurant Technologies Inc., a company that distributes cooking oil and collects used oil from U.S. restaurants, to West Street Infrastructure Partners III, an investment fund managed by Goldman Sachs.
Economists Paint Rosy Forecast for Trucking
WASHINGTON — Economists for trade associations representing manufacturing, construction and retail industries said during an industry conference here that they expect positive growth to continue for the remainder of 2018, with little chance of a downturn over the next year or so despite the threat of increasing trade tensions, rising interest rates and higher costs.
Hub Group Finds Buyer for Mode Transportation
Less than a month after saying it would explore strategic alternatives for Mode Transportation, Hub Group found a buyer to pay more than $200 million for its agent-based multimodal freight brokerage business.
Dot Foods Owner Buys TAGG Logistics
Dot Family Holdings has acquired TAGG Logistics, a St. Louis-based company that provides fulfillment services for goods purchased online.
Gryphon Investors Buys Majority Stake in Transportation Insight
Gryphon Investors has acquired a majority stake in Transportation Insight, a Hickory, N.C.-based logistics consulting and transportation management firm, for an undisclosed amount.