BASEM INTERNATIONAL SHIPPING AND LOGISTICS CO. LTD.

Supply Chain

Cloudleaf | August 18, 2021

With the continued expansion of the Cloudleaf partner ecosysetm, Cloudleaf, Inc. and Elementum are pleased to announce their strategic partnership. Cloudleaf provides a SaaS digital intelligence platform that leverages IoT and digital twin technologies to bring enhanced solutions that deliver end-to-end supply chain visibility across the globe. Elementum provides a supply chain service management SaaS platform that centralizes information and communication to drive real-time decisions, enable cr...

Supply Chain Dive | May 27, 2020

Freight forwarder Expeditors International has acquired Fleet Logistics' digital-forwarding platform for an undisclosed sum, according to a press release.The platform will be integrated into Expeditors' existing LTL platform Koho, which the Washington-based forwarder launched in 2019, aiming to better serve small shippers. Fleet Logistics founder Max Lock will lead the Koho team, according to his LinkedIn post. Lock founded Fleet Logistics in 2015 in the first wave of startup, stan...

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...

Freight

Project44 | April 11, 2022

Project44, the market leader in supply chain visibility, announced the acquisition of Synfioo, a Potsdam-based provider of Europe's most complete visibility and ETA platform for rail freight data. Additionally, project44 increased its barge exposure for interior waterway segments throughout the continent due to this transaction. Synfioo's visibility and ETA capabilities complement project44's multi-modal visibility platform, which premier shippers, logistics service pr...