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Here is another round-up of the most engaging and talked-about freight content from around the web and from us.
Acquisitions
19 articles
(Page 2)
Acquisitions
GLS Sells US Freight Division to DC Logistics
GLS Group divests US freight divisions to DC Logistics, focusing on parcel services. Deal closes Sept. 1, 2024. DC aims for top 20 LTL carrier status.
Acquisitions
Aurora Secures $483M for Driverless Truck Expansion
Aurora raises $483M, extending runway to 2026. Plans driverless truck launch in Texas by year-end. Here's how they are tackling trucking industry challenges.
Acquisitions
Sheer Logistics Acquires CargoBarn
Sheer Logistics acquires CargoBarn to enhance 4PL services and expand its freight brokerage offerings.
Convoy
Flexport Relaunches Convoy's Trucking Tech Platform
Flexport relaunches Convoy Platform, dispatching 200 truckloads on its first day.
Freight Brokerage
Shipwell Sells Brokerage Division to CloudTrucks
Shipwell's sale of its brokerage arm to CloudTrucks allows the company to refocus on the core of its SaaS platform.
Freight Stocks
TFI Buys Daseke for $1.1B, Eyes Truckload Unit Spinoff
TFI International acquires Daseke for $1.1 billion, doubling its TL revenue and considering spinning off its truckload unit.
Trucking
TFI International Buys Dahlsten Truck Line
TFI International acquires Dahlsten Truck Line, expanding its Midwest operations with a seasoned carrier's fleet and load capacity.