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Nolan Transportation Group | January 20, 2020
Nolan Transportation Group, a non-asset truckload freight brokerage and provider of third-party logistics services in North America, recently announced the acquisition of Eagle Transportation LLC, a Mississippi-based freight brokerage specializing in temperature-controlled shipping. With the addition of the team at Eagle Transportation, NTG will bring enhanced temperature-controlled capabilities to their customers nationwide. The Eagle team will continue to manage existing customer and carrier r...
Freight
Einride | March 25, 2022
Einride, a Swedish freight technology firm, announces that it will deliver its Freight Mobility platform to A.P. Moller-Maersk (Maersk). In the largest operational contract for electric heavy-duty road freight deployment to date, the solution includes 300 Einride connected electric trucks. The cooperation is Einride's first big expansion in the U.S. after launching operations in New York City. “Our customers are looking for tangible actions on sustainable supply chains &...
Supply Chain Dive | July 07, 2020
Airfreight volume fell more than 20% year over year (YoY) in May, according to the latest numbers from the International Air Transport Association (IATA). Freight capacity fell nearly 35% YoY in May and international belly capacity fell by about 66% YoY as a result of passenger flight cancellations due to the pandemic, according to IATA."The gap between demand and capacity shows the challenge in finding the space on the aircraft still flying to get goods to market," IATA CEO Ale...
Logistics
Echo Global Logistics, Inc | November 23, 2021
Echo Global Logistics, Inc., a leading provider of technology-enabled transportation and supply chain management services, today announced that it has been acquired for $48.25 per share in cash by an affiliate of The Jordan Company, L.P., a global private equity firm. ("TJC"). The acquisition was first announced on September 9, 2021 and became effective today. The closing of this transaction, which followed a thorough review of alternatives by our Board of ...
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