Genex Logistics

Logistics

GXO Logistics, Inc | May 25, 2022

GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced that, effective , it has completed its cash and share offer for Clipper Logistics plc (the “Acquisition”), following the Court’s sanction of the scheme of arrangement two business days prior to this announcement. “We are very pleased to achieve this important milestone. Through this powerful combination, GXO will accelerate our bus...

Logistics

Coregistics | June 27, 2022

Chicago-based private equity firm, Red Arts Capital, announced the acquisition of Coregistics, an award-winning, contract packaging services provider known for its flexibility and sophisticated systems. For Red Arts Capital, the deal comes on the heels of its most recent deal, the sale of the 104 year old trucking company MME to trucking industry titan Knight-Swift, for $150M. Coregistics is a leading national provider of packing-centric supply chain solutions including package and process desig...

Maersk | September 17, 2020

Maersk and Canadian Pacific will build and operate a transload and distribution facility in Vancouver, British Columbia, according to an announcement Tuesday. It is slated to be operational in 2021. Canadian Pacific will shuttle containers to and from port terminals, taking the reliance off of trucks, according to the announcement. And because the facility will be an expansion of Canadian Pacific's intermodal center, the rail infrastructure is already in place, Maersk said. "We can now ...

Hitachi | July 01, 2020

The multi-year strategic alliance will see the two organisations work together to meet the growing demand for predictive maintenance and process automation in remote areas and support enterprises as they tackle the challenges infused by the COVID-19 pandemic.Hitachi will integrate its industry-leading solutions, such as Lumada, and its IoT-ready industrial controllers HX Series, with the Microsoft cloud platform, leveraging Azure, Dynamic 365 and Microsoft 365 to enable businesses to incre...