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American Global Logistics | December 21, 2020
Leading third-party logistics provider, Terra Worldwide Logistics (''TWL" or "the Company'') reported the essential acquisition of Downers Grove, Illinois-based Connect Global Logistics ("CGL"). This is TWL's second acquisition in 2020. In March, TWL acquired the resources of American Global Logistics ("AGL"). Going ahead, Connect Global Logistics will operate under the American Global Logistics tradename. Kim Malloy, Founder and CEO of CGL, has ...
Penn State News | March 22, 2020
With Gov. Tom Wolf’s order that all non-life-sustaining businesses in Pennsylvania close their physical locations, Penn State Transportation Services has announced that the following operational changes are now in effect and will continue until further notice: The Parking Office and Fleet Operations offices are closed. Customers with questions may reach staff by emailing email@example.com or firstname.lastname@example.org. Fleet customers who need to fuel their vehicles may use their assigned fuel card at an...
Business Insider | January 14, 2020
As with many other areas of the economy, the digital revolution is having a profound effect on delivery logistics. The combination of mobile computing, analytics and cloud services, all of which are fueled by the Internet of Things (IoT), is changing how delivery and fulfillment companies are conducting their operations. One of the most popular methods for fulfilling deliveries today is through third-party logistics, which involves any company that provides outsourced services to move products a...
Maersk | February 20, 2020
Maersk is acquiring Performance Team, a U.S.-based warehousing and distribution company, in a $545 million deal, according to a press release on Wednesday. Performance Team currently operates 24 warehousing sites, encompassing 800,000 square meters, and specializes in B2B and B2C e-commerce, retail and wholesale distribution. The transaction is expected to close Apr. 1. The acquisition will more than double Maersk's warehousing and distribution footprint, which sits at 22 sites covering 563,...
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