Cardinal Logistics Sold to Centerbridge
Third party logistics company, Cardinal Logistics Management Inc., has been sold to New York private equity firm Centerbridge Partners LP.
August 9, 2012XPO Reports 2Q Loss, Buys Ontario Logistics Firm
XPO Logistics reported a second-quarter loss and said it had acquired Canada-based Kelron Logistics for $8 million.
August 7, 2012Frozen Food Express Swings to 2Q Profit
Frozen Food Express Industries reported a second-quarter profit, turning around a loss from a year ago, as its brokerage and logistics results improved.
July 25, 2012C.H. Robinson Reports Higher 2Q Profit
C.H. Robinson Worldwide reported higher a second-quarter profit, led by improved performance in its logistics operations.
July 25, 2012Hub Group’s Profit Rises on Stronger Logistics, Intermodal Operations
Hub Group Inc.’s second-quarter profit rose 18% as its intermodal and logistics operations improved.
July 20, 2012Lineage Logistics Buys Castle & Cooke
Lineage Logistics said it has acquired Castle & Cooke Cold Storage, Colton, Calif., for an undisclosed sum.
July 13, 2012BTS Logistics Buys Trade Show Unit
Wheaton Van Lines, which acquired Bekins Van Lines earlier this year, has spun off Bekins’ former trade show business to newly formed BTS Logistics, the company announced.
July 5, 2012Saia Buys Ga. Brokerage, Logistics Firm
Less-than-truckload carrier Saia Inc. said Tuesday it acquired Robart Transportation Inc. and subsidiary RL Services Group LLC, for about $7.8 million.
July 3, 2012Manitoulin Acquires Can-Tran in Bid to Expand in Western Canada
Looking to expand further in western Canada, Manitoulin Global Forwarding, Mississauga, Ontario, said it has acquired Can-Tran International, Leduc, Alberta.
June 28, 2012Epes Logistics Acquires N.C. Brokerage Firm
Epes Logistics said it bought brokerage firm Meredith Transport, to broaden service offerings of the Epes Carriers’ subsidiary. Terms were not disclosed.
June 28, 2012