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Amazon | February 19, 2020
Thousands of delivery drivers across the country who work for small and medium-size logistics companies that contract with Amazon.com found out in mid-February they may lose their jobs in April, though Amazon said they will have opportunities for other positions with its partners. On Friday, Transportation Brokerage Specialists Inc. (TBS), headquartered in Costa Mesa, California, became the latest company to file a Worker Adjustment and Retraining Notification (WARN) Act notice of a mass layoff....
Supply Chain
Overhaul | June 10, 2021
Overhaul, the world's first and only software-based supply-chain visibility, integrity, and security solution for the world's largest brands, announced a $35 million Series B fundraising round. Macquarie Capital is leading the latest round, with Edison Partners and Avanta Ventures also investing (the venture arm of CSAA Insurance Group). Overhaul intends to use the investment to accelerate its plan for further optimizing its current category-creating products. Overhaul, fo...
Logistics
Descartes Systems Group | May 05, 2022
Descartes Systems Group (Nasdaq: DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Minnesota-based G&S Logistics is digitizing its freight brokerage operations to support aggressive growth plans with the integrated deployment of the cloud-based Descartes Aljex™ transportation management system (TMS) and Descartes MacroPoint™ for real-time freight visibility and load tracking. "With aggressive...
Kayne Partners | February 09, 2021
Kayne Partners, the development equity strategy of Kayne Anderson Capital Advisors, L.P. ("Kayne" or the "Firm"), a leading elective resource the board firm with more than $32 billion under management, proceeded with its accomplishment in the media and supply chain areas in 2020. Kayne Partners was dynamic a year ago in those areas, having put almost $70 million out of three new portfolio organizations and acknowledging three portfolio organization speculations adding up to a...
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