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Supply Chain
J.B. Hunt | September 22, 2023
J.B. Hunt to acquire BNSF Logistics' brokerage operations, expanding its logistics capabilities. The acquisition builds on a 30-year partnership between J.B. Hunt and BNSF Railway. Brad Hicks, EVP of J.B. Hunt, highlights the value proposition for customers and growth opportunities. J.B. Hunt Transport Services, North America'...
Logistics
XPO Logistics, Inc. | July 14, 2022
XPO Logistics, Inc. (NYSE: XPO), a leading provider of freight transportation services,announced that a new company identity has been created in connection with the planned spin-off of its tech-enabled brokerage platform. The spin-off is named RXO to reflect the company’s commitment to provide reliability multiplied by outperformance. RXO will go to market with the tagline “Massive capacity. Cutting-edge technology.” XPO unveiled the new company’s identity ...
Altana AI | September 20, 2021
Altana AI has secured $15 million in Series A funding, led by GV (formerly Google Ventures). Floating Point, Ridgeline Partners, and existing investors Amadeus Capital Partners and Schematic Ventures joined the round, which closed in May 2021. Trade wars, the rise of e-commerce, covid supply chain shocks, and sustainability concerns are driving fundamental changes to supply chain networks and global trade flows. Altana AI is helping enterprises, governments, and logistics provider...
Business Journal Daily | July 03, 2020
Since the start of the coronavirus pandemic, the global supply chain and logistics have been disrupted. But the disruption didn’t start there.According to Mousa Kassis, director of the Ohio Small Business Development Center Export Assistance Network at Youngstown State University, tariffs implemented by the Trump administration impacted the global supply chain during the last three months of 2019. In those three months, shipping containers coming from the east have dropped consecutiv...
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