Kane Is Able Inc., a warehousing and distribution business in operation since 1930, announced that Harkness Capital Partners agreed to make an unspecified equity investment in the firm as part of a strategy to expand the company’s services and national presence.
March 19, 2019TechnologySafety
Transportation Safety & Compliance Management
Your Safety department has a significant influence on your profitability. Carriers have made considerable investments in safety and compliance systems, the data from which is used to manage and respond to adverse behavior. Learn how to use the data from your current safety investments to prevent loss and improve profitability.
April 25, 2019BusinessLogistics
Mason Wells Acquires RJW Logistics Group
Private equity firm Mason Wells of Milwaukee has acquired RJW Logistics Group Inc., a supply-chain logistics service for packaged-goods companies
March 18, 2019BusinessTechnologyLogisticsTCA
Toyota Boosts Investment in US Manufacturing to $13 Billion, Adds Another 600 Jobs
Back in 2017, Toyota said that it would invest at least $10 billion over the course of the next five years in its U.S. manufacturing presence. Now, the Japanese automaker is saying it will exceed that goal in announcing a new commitment of $13 billion in the same timeframe.
March 15, 2019BusinessTechnologyLogistics
Freightera Logistics Secures Investment From Decathlon Capital Partners
Freightera, an online marketplace for freight costs and service comparisons, has announced a major investment from Decathlon Capital Partners, per a Jan. 24 press release. An exact figure wasn’t disclosed but was described as being seven figures.
February 4, 2019BusinessTechnologyLogistics
Bringg Receives $12 Million in New Funding
Bringg, a software firm based in Tel Aviv, Israel, that offers a delivery logistics platform for companies including Coca-Cola, Panera Bread and Kimberly-Clark, has raised $12 million in new funding from automotive executive Shmuel Harlap, billionaire investor Eyal Ofer and Salesforce Ventures.
January 22, 2018BusinessTechnology
Sandhills Invests in FR8 Revolution
Trade publisher Sandhills Publishing invested an undisclosed amount in FR8 Revolution Inc., operator of the FR8Star.com marketplace for open-deck freight transportation carriers and shippers.
December 18, 2017GovernmentBusinessEquipmentLogistics
Canadian Pacific Railway Sees End of the Line for Government-Owned Grain Cars
Canadian Pacific Railway Ltd. is ready to buy its own grain cars, sidelining 6,000 government-provided ones from the 1970s that are no longer up to the job.
July 20, 2017GovernmentBusinessLogisticsTCA
Logistics Plus to Expand Pennsylvania Headquarters
On July 13, Gov. Tom Wolf announced that Logistics Plus, which handles transportation and logistics around the world, will expand its headquarters in Erie’s Union Station, creating 44 new jobs.
July 18, 2017BusinessTechnologyEquipmentSafetyAutonomous
Mining Companies Looking at New Fleets, Could Use Autonomous Trucks to Save Millions
Mining companies in Australia, the world’s biggest exporter of iron ore and coal, are poised to approve fresh investments in projects, driven by rallying commodity prices and the need to replace depleting deposits, according to global equipment supply giant, Komatsu Ltd.
July 17, 2017