logistics News Updates

Business, Logistics

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, 2012
Business, Logistics

XPO 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, 2012
Business, Logistics

Frozen 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, 2012
Business, Logistics

C.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, 2012
Business, Logistics

Hub 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, 2012
Business, Logistics

Lineage Logistics Buys Castle & Cooke

Lineage Logistics said it has acquired Castle & Cooke Cold Storage, Colton, Calif., for an undisclosed sum.

July 13, 2012
Business, Logistics

BTS 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, 2012
Business, Logistics

Saia 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, 2012
Business, Logistics

Manitoulin 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, 2012
Business, Logistics

Epes 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