Industry News
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Gatik And ITOCHU Form Strategic Alliance To Transform The Future Of B2B Short-Haul Logistics
6/10/2024
ITOCHU Corporation, one of Japan’s largest general trading and investment companies, and Gatik, the market leader in autonomous middle mile logistics, today announced a strategic partnership and investment from ITOCHU in Gatik to accelerate the deployment and scaling of Gatik's autonomous delivery network across North America
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Freight Technologies Launches Waavely, A Revolutionary Digital Ocean Freight Platform
6/8/2024
Freight Technologies, Inc. (Nasdaq: FRGT) (“Fr8Tech” or “Freight Technologies”),a technology-driven logistics company offering Fr8App, its proprietary and industry-leading freight-matching platform powered by AI and machine-learning that provides a real-time portal for B2B cross-border shipping and domestic shipping within the USMCA region, announced today the official launch of Waavely, a state-of-the-art platform designed to revolutionize ocean freight booking and management for companies shipping containers between North America and ports around the world
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Tive Launches Solo Lite: An Affordable, Real-Time Shipment Visibility Solution
6/7/2024
Tive, the global leader in supply chain visibility technology, today announced the release of Tive Solo Lite, a cutting-edge and cost-effective shipment visibility solution tailored for the needs of logistics service providers and 3PLs, food and beverage suppliers, retail grocers, and other key industry sectors.
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Radiant Logistics Acquires Operations Of DVA Associates, Inc.
6/6/2024
Radiant Logistics, Inc. (NYSE American: RLGT), a leading provider of technology-enabled global transportation and value added logistics solutions, today announced it has acquired the operations of DVA Associates, Inc. ("DVA"), a Portland, Oregon based, privately held company that provides a full range of domestic and international transportation and logistics services across North America
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Monroe Street Partners Completes Acquisition Of American Roadway Logistics
6/5/2024
Monroe Street Partners (“MSP”), a Chicago-based private equity firm, announced that it has acquired a majority equity stake in American Roadway Logistics (“ARL” or the “Company”) in partnership with ARL’s founders, Heidi and Jon Claxton, who have made a substantial reinvestment in the Company
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A Delegation From Saudi Arabia's SILZ Visits CJL Incheon GDC … 'Expecting A 'Boom' In Middle East Logistics'
6/5/2024
High-level officials from the Riyadh Integrated Zone in Saudi Arabia visited CJ Logistics' Incheon GDC, observed the high-tech logistics operation site, and discussed ways to cooperate in Saudi GDC operations in the future
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Revolutionizing Logistics: Roadie Unveils RoadieXD Solution To Supercharge Efficiency, Speed, And Simplicity For 'Big & Bulky' Deliveries
6/5/2024
Roadie, a UPS company and a logistics management and crowdsourced delivery platform, today announced the launch of RoadieXD
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Freight Technologies Announces Major Expansion Of Fr8Radar Module In Fr8App Platform
6/4/2024
Freight Technologies, Inc. (“Freight Technologies”, “Fr8Tech” or the “Company”) (NASDAQ: FRGT), an innovative logistics technology solutions company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, is proud to announce a significant milestone in the expansion of its Fr8Radar module within the Fr8App platform
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Yellow Diamond Logistics Accelerates Expansion With Descartes Transportation Management, Freight Visibility, And Capacity Sourcing Solutions
6/4/2024
Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Yellow Diamond Logistics, a leading Transportation Security Administration (TSA)-certified third-party logistics (3PL) company, is using Descartes technology for transportation management, real-time freight visibility and AI-driven capacity sourcing
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Monroe Capital Supports Sheer Logistics' Acquisition Of CargoBarn
6/4/2024
Monroe Capital LLC (“Monroe”) announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of CargoBarn by Sheer Logistics, an existing portfolio company of Woodlawn Partners