GlobalTranz Enterprises, a national transportation management company for truckers and other shippers, has acquired Cerasis, a privately held company in Eagan, Minn., with about $150 million in revenue and 119 employees.
January 17, 2020No rankings are available for this year.
Extras
Nolan Transportation Acquires Eagle Transportation
Nolan Transportation Group, an Atlanta-based non-asset truckload freight brokerage and third-party logistics service, acquired Eagle Transportation, a Mississippi-based freight brokerage specializing in temperature-controlled shipping, according to a Jan. 17 news release.
January 21, 2020GlobalTranz Buys Logistics Firm Cerasis
Bulkmatic Launches New National Joint Venture With Bulk FR8
Bulkmatic, one of the largest dry bulk transporters in the United States, is teaming up with Seattle-based Bulk FR8 to form a new nationwide joint venture.
Judge Sides With California Trucking Association, Issues Preliminary Injunction in AB 5 Fight
A federal judge in San Diego on Jan. 16 issued a preliminary injunction against the trucking component of a California law that would restrict how independent workers can be classified by companies. The judge’s ruling means the state of California cannot implement the law as it pertains to the trucking industry.
Alliant Reconfigures $46.5 Million Freight Hub Project in Iowa
Shifting market needs and ballooning costs led Alliant Energy Transportation to revamp a multimillion-dollar intermodal project on nearly 75 acres it owns, northwest of Eastern Iowa Airport in Cedar Rapids.
Americans Hit Fresh Online-Buying Milestone in 2019
Online shopping in the U.S. hit a new milestone in 2019, with a key metric surpassing every major category of brick-and-mortar stores except for big-ticket autos.
XPO Logistics to Explore Sale of Business Segments
XPO Logistics Inc. announced Jan. 15 that its board of directors has authorized the possible sale or spinoff of one or more of its business units.
Lineage Logistics Buys Three Oregon Processing Plants
The $49 million sale of NORPAC Foods’ Salem, Brooks and Stayton processing facilities in Oregon to cold storage giant Lineage Logistics was approved by U.S. Bankruptcy Court Judge Peter McKittrick on Jan. 14.
World Direct Shipping Extends Port Manatee Agreement
World Direct Shipping, a container line based in Port Manatee, Fla., announced it extended its agreement with the Central-Southwest Florida seaport and added a third vessel to its rapidly growing weekly services across the Gulf of Mexico.
January 15, 2020Data Sharing Can Help Freight Movement, Panelists Say
WASHINGTON — Coordination among trucks, ports, departments of transportation, city representatives and law enforcement officers is important to facilitating mobility, according to John Barton, senior vice president of the infrastructure firm HNTB Corp.