Covenant Transport Services Acquires Landair Holdings
Covenant Transport Services has acquired Landair Holdings Inc. of Greeneville, Tenn., for $83 million in cash and the assumption of $15.5 million in debt.
July 6, 2018Lineage Logistics Acquires Warehouse in Wisconsin, Adds Four Southeast Locations
Lineage Logistics has acquired Service Cold Storage in Stevens Point, Wis., along with a portfolio of four leased cold-storage warehouses located in Georgia, Louisiana, South Carolina and Virginia.
June 5, 2018New Owner of Sirva Inc. Seeks to Boost Growth for Household Goods Mover
The new owner of Sirva Inc., the nation’s second-largest household goods mover, will try to inject new life into a business that has slumped in recent years due to changing demographics and a slowdown in business relocation activity.
May 25, 2018Metro Supply Chain Group Expands Home Delivery, Warehousing Operations in Canada
Metro Supply Chain Group has completed two acquisitions designed to boost its home delivery services and expand its warehousing and distribution operations for consumer packaged goods in Canada.
May 16, 2018Dynamo Launches Founders Camp for Entrepreneurs
Dynamo, a transportation and logistics-oriented venture capital fund based in Chattanooga, Tenn., is launching a Founders Camp for entrepreneurs with ideas for transforming global trade and commerce.
May 15, 2018Americold Bullish About Prospects After First Earnings Report Since IPO
Americold, a global operator of temperature-controlled warehouses, issued its first quarterly earnings report since becoming a publicly owned company in January and it wasn’t pretty, at least on the surface.
May 10, 2018Doyle Coatney, Longtime Owner of Acme Truck Line, Dies at Age 82
Doyle Coatney, the longtime owner and CEO of Acme Truck Line in Gretna, La., died May 1. He was 82.
May 10, 2018Harris Saunders, Truck Leasing Executive, First Trala Chairman, Dies at Age 93
Harris Saunders Jr., the former head of Saunders Leasing System and picked to be the first chairman of the Truck Renting and Leasing Association in 1978, died May 6. He was 93.
May 10, 2018Radiant Logistics Profits Slump as Transportation Costs Rise
Radiant Logistics, a provider of domestic and international freight forwarding, truck and rail brokerage, warehousing and order fulfillment services, reported lower profits in the fiscal third quarter despite a buoyant freight market that pushed up gross revenues 12.2% in the three months ended March 31.
May 10, 2018NPTC Elects Carol Heinowski Chair of Board of Directors
Carol Heinowski, logistics manager and head of safety and compliance at Meijer Inc., was elected chairman of the National Private Truck Council at its Annual Education Management Conference and Exhibition in Cincinnati April 29-May 1.
May 9, 2018