Geek+, an artificial intelligence and robotics company, has closed a $150 million Series B financing round, according to a Nov. 21 press release. Global private equity firm Warburg Pincus led the round.
December 10, 2018Search
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Freight Forwarder BDP International Selects Greenbriar as Equity Partner
Freight forwarder BDP International has selected Greenbriar Equity Group, a New York-based investment firm, as its first strategic equity partner, according to a statement issued by the company Dec. 6.
December 6, 2018China Implementing Agreed-Upon Trade Deals With US, Official Says
China and the United States have reached agreement in the sectors of agriculture, autos and energy, and China will immediately start implementing that consensus, a government spokesman said.
December 6, 2018Inland Port Coming to Northeast Georgia
A regional terminal for cargo heading from the Port of Savannah to area companies could open in 2021 at the Gateway Industrial Centre off Ga. 365 in North Hall.
December 5, 2018Smart Warehousing Expands to North Texas Site
A Kansas City, Mo.-based logistics firm with operations across the United States has leased its first North Texas location.
December 5, 2018Trump Targets Amazon in Call for Higher Postal Shipping Rates
President Donald Trump’s administration is recommending the U.S. Postal Service raise prices for shipping packages, a move that would hit online retailers such as Amazon.com.
December 5, 2018Odyssey Completes Acquisition of AFF Global Logistics
Odyssey Logistics & Technology Corp. has completed the acquisition of AFF Global Logistics for $465 million.
December 4, 2018VW Mulls Second US Plant, Joint Ford Output After White House Visit
Volkswagen AG is considering adding a second factory to its U.S. manufacturing footprint and could tap Ford Motor Co. plants to build cars, Herbert Diess, CEO of VW, said after a meeting at the White House.
December 4, 2018Amazon Expands Air Division in Illinois
ROCKFORD, Ill. — Amazon announced plans Dec. 3 to expand its Amazon Air operation at the Rockford airport.
December 4, 2018Two Digital Freight Brokers Focus on Price Transparency for Shippers
Digital freight brokers Convoy and Uber Freight have separately launched new tools intended to make pricing options for hauling loads more transparent for shippers.
December 3, 2018