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Ascent Global Logistics | February 11, 2020
Ascent Global Logistics announced today that Active On-Demand will rebrand to Ascent On-Demand and integrate into the Ascent business unit, bringing its industry-leading expedite transportation solutions in premium ground, air charter, airfreight and hand carry services to Ascent Global Logistics clients. To accelerate the success of these expanded service offerings, Ascent also announced changes in its top leadership, naming Micah Holst, current President of Ascent International, to the newly c...
USA Truck | January 06, 2022
USA Truck Inc. (Nasdaq: USAK) has entered into a Letter of Intent (LOI) for an initial purchase of 10 Nikola Tre BEV trucks from Thompson Truck Centers, a member of the Nikola Corporation (Nasdaq: NKLA) sales and service dealer network. Nikola is a leading designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel-cell electric vehicles (FCEV), and energy infrastructure solutions.
The LOI between USA Truck Inc. and Thompson Truck Centers is a "fl...
Wabtec | April 21, 2022
Wabtec Corporation (NYSE: WAB), a leading global supplier for freight and transit rail, announced the company has signed a definitive agreement to acquire Trimble’s Beena Vision business, a manufacturer of machine vision-based wayside inspection systems for the railroad industry. The acquisition is subject to customary closing conditions and financial terms were not disclosed.“Beena Vision’s systems, coupled with Wabtec’s TrackIQ portfolio, will create a comprehensi...
Nolan Transportation Group | January 22, 2020
Nolan Transportation Group (NTG), the 15th largest freight brokerage firm in the U.S. by net revenue, acquired Eagle Transportation, a Mississippi-based temperature-controlled freight brokerage and logistics company, according to a press release Jan. 17. The value of the deal was not disclosed. The move is part of Nolan Transportation Group's expansion into cold chain operations and bolsters its supply chain management, transparency and audit capabilities, according to the release. NTG offer...
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