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BravoTran | June 08, 2021
BravoTran, Inc. has announced the official launch of its company and the release of new document management and automation platform for freight forwarders. As a direct spinout from HubTran, which TriumphPay just acquired for $97 million, BravoTran is entirely focused on freight forwarders and presently services several industry giants, including Yusen Logistics and AWA Logistics. BravoTran's strong track record in freight automation is led by a team of logistics...
Blue Yonder, Panasonic | April 26, 2021
Panasonic Corporation announced today the acquisition of Blue Yonder, the leading end-to-end digital fulfillment platform provider. Panasonic will buy the remaining 80% of Blue Yonder's shares (for USD5.6 billion), contributing to the 20% it purchased in July 2020. The added investment, including debt repayment, amounts to USD7.1 billion, valuing Blue Yonder at USD8.5 billion. Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone signed an agreement tod...
Blume Global | September 23, 2020
Blume Global, a leading provider of logistics and supply chain solutions empowered by the largest globally-connected network, today announced the newest members of the Blume Executive Advisory Board (EAB) - Michael Moore and Yannis Skoufalos. The EAB is an advisory team of respected supply chain executives, industry experts, and technology and academic leaders that help shape and define Blume Global's go-to-market strategy, R&D priorities, and product roadmap. Moore and Skoufalos bring d...
Logistics
Delek Logistics | June 06, 2022
Delek Logistics Partners today announced that the previously announced acquisition of 3Bear Delaware Holding – NM, LLC ("3Bear"), an indirect subsidiary of 3Bear Energy, LLC, has been completed. In the Delaware Basin of New Mexico, 3Bear's operations include crude oil and gas gathering, processing, and transportation, as well as water disposal and recycling. The transaction is estimated to result in an investment multiple of roughly 6.25 times preliminary forec...
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