The Shipping Corporation of India Ltd.

Transportation

globenewswire | July 11, 2023

SMG Industries Inc. a growth-oriented transportation services company focused on the domestic infrastructure logistics market, is pleased to announce the successful acquisition and merger of the Barnhart Transportation group of companies (“Barnhart”), a 20 year-old established logistics service provider based in Pennsylvania. The successful closing of this strategic acquisition not only approximately doubles SMGI's annual revenue and increase its adjusted EBITDA, but also b...

Supply Chain

RoadSync | November 20, 2021

RoadSync, the leading digital financial platform for the supply chain, announced today it has partnered with Professional Transportation Partners, LLC (PTP) to offer its Checkout product at a discount to all vendors in the PTP Shop Repair Centers network. Through this partnership, PTP Shop Repair Centers realize cost savings and a more seamless, efficient payment process. Our ultimate goal at RoadSync is to modernize the supply chain by increasing accessibility to fi...

Transportation

Zeem Solutions | March 31, 2022

According to Zeem Solutions, a fleet electrification company, the first profitable EV transportation-as-a-service depot has opened near Los Angeles International Airport. The depot, which serves as a center for zero-emission vehicle services, is the country's biggest commercial EV charging station that supports fleets of medium-and heavy-duty electric vehicles. The Los Angeles-area depot is the first of a chain that Zeem hopes to create around the United States to help fleet o...

Transportation

ButcherJoseph & Co. | June 09, 2022

ButcherJoseph & Co. (“ButcherJoseph”) advised Smith Transport, Inc. (“Smith” or the “Company”), an asset-based truckload carrier headquartered in Roaring Spring, Pennsylvania, on its sale to Heartland Express, Inc. (NASDAQ: HTLD) (“Heartland”). The transaction closed in June of 2022. Heartland acquired 100% of the equity of Smith and related companies for a cash-free, debt-free enterprise value of approximately $170 million...