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Logistics
GTI Transport Solutions Inc | April 22, 2022
GTI Transport Solutions Inc. ("GTI") (www.thegtigroup.com), a leading provider of specialized, value-added transportation solutions, announced that it had acquired Foxconn Logistics, an asset-light brokerage firm (www.foxconnlogistics.com). Foxconn Logistics is a non-asset contract brokerage based in Nashville, Tennessee that specializes in container management and drayage within intermodal logistics. It has a large presence in US ports around the eastern, southern, and western seaboar...
Software and Technology
Astrolab | March 14, 2022
Venturi Astrolab, Inc. is a leading aerospace company established by a planetary rover and robotics expert team. Astrolab announced the development of an innovative rover built to enhance planetary and Lunar mobility. Flexible Logistics and Exploration (FLEX) rover is a mobility platform that is payload agnostic and can work within an ecosystem of transportation, vehicles, and tools. Astrolab will help the human presence sustain on the Moon and Mars by providing mobility support t...
Delek Logistics | June 06, 2022
Delek Logistics Partners today announced that the previously announced acquisition of 3Bear Delaware Holding – NM, LLC ("3Bear"), an indirect subsidiary of 3Bear Energy, LLC, has been completed. In the Delaware Basin of New Mexico, 3Bear's operations include crude oil and gas gathering, processing, and transportation, as well as water disposal and recycling. The transaction is estimated to result in an investment multiple of roughly 6.25 times preliminary forec...
Maersk | September 17, 2020
Maersk and Canadian Pacific will build and operate a transload and distribution facility in Vancouver, British Columbia, according to an announcement Tuesday. It is slated to be operational in 2021. Canadian Pacific will shuttle containers to and from port terminals, taking the reliance off of trucks, according to the announcement. And because the facility will be an expansion of Canadian Pacific's intermodal center, the rail infrastructure is already in place, Maersk said. "We can now ...
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