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financialpost | May 02, 2016
Shares in Trimac Transportation Ltd. jumped 11 per cent Monday morning after the trucking company’s major shareholder announced a plan to go private.Jeffrey McCaig, who is also one of the owners of the Calgary Flames NHL franchise, along with other members of the McCaig family own or control 17.8 million Trimac shares, or 65 per cent of the company, which is headquartered in Calgary and has a $175 million market cap. The major shareholders proposed a deal on Monday that would pay the minor...
Visible Supply Chain Management | January 14, 2020
Salt Lake City-based Visible Supply Chain Management, a provider of shipping and fulfillment services for small- to mid-sized businesses, announced December 19 that it acquired Kansas Continental Express (KCX). Based in Emporia, Kansas, KCX is a provider of shipping logistics and freight transportation throughout North America. It will join Visible’s family of companies and will be known by the parent company name. “Most important to Visible is our customers’ continued success,...
SacRT | January 13, 2020
Uber and Lyft are about to get some competition from an on-demand public transit system in Sacramento, California. Via has teamed up with the Sacramento Regional Transit District (SacRT) to create what they call the largest “microtransit system” in America. That’s heartening to hear for me, as I grew up in Sacramento and used to ride buses all over town in my youth. It means that the public will be able to hail rides from apps and the city’s public transportation departme...
Supply Chain Dive | January 14, 2020
Eight companies signed the Ocean Conservancy's Arctic Shipping Pledge last week, promising to forgo shipping goods via the Northern Sea Route (NSR) out of concern for the environment. The new signatories are Allbirds, Artizia, Bureo, Hudson Shipping Lines, International Direct Packaging, Kuehne + Nagel, Puma and Ralph Lauren. They join ocean carriers including CMA CGM, Evergreen, Hapag-Lloyd and MSC; and retailers including Asos, H&M and Nike that signed on shortly after the pledge launc...
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