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Logistics
TransForce Group | December 24, 2020
TransForce Group, a leader in the transportation and logistics industry, has purchased the United States Truck Driving School (USTDS) in Denver and Colorado Springs, Colorado. The sale was finalized October 18, 2021. TransForce Group is majority owned by an affiliate of Palladium Equity Partners, LLC, a private equity firm, and this purchase marks the eleventh acquisition of the TransForce Group under Palladium's ownership. The recent acquisition of United States...
Management
Successful Farming | November 10, 2020
Maintaining its standards and protecting its reputation is paramount for a brand. Yet, the complexity and lack of visibility across global supply chains has made achieving that increasingly difficult. Through their partnership, Mastercard and GrainChain are giving brands and producers the ability to forensically track commodities, from the initial inputs and raw materials all the way to final delivery to consumers. This enables participants to proactively protect consumers while, at the same tim...
Freight
Nexxiot | September 27, 2021
Nexxiot, the emerging TradeTech juggernaut transforming the cargo freight industry around the world through data and logistics digitization advancements, has announced it will acquire a majority interest in the Swedish technology firm MOST, a provider of real-time cargo monitoring services. The Swedish family office Resona, one of Scandinavia’s foremost technology investors, will become minority shareholder in the transaction. Through its acquisition of MOST, Nexxiot will si...
Gamut Capital Management, PS Logistics | June 28, 2021
Gamut Capital Management, L.P., a leading New York-based middle market private value firm, in partnership with British Columbia Investment Management Corporation, one of Canada's largest institutional investors, declared they have consented to an authoritative arrangement to put resources into PS Logistics. As the largest and quickest developing flatbed transportation and full-administration logistics provider in the United States, PS Logistics employs a "Driver-First&quo...
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