Aterian Investment Partners, a private investment firm, through its portfolio company Xpress Global Systems LLC, has acquired Delta Distribution/Michigan Carpet, a specialized flooring less-than-truckload company headquartered in Grand Rapids, Michigan. The deal was announced Wednesday. No financial terms were disclosed.…
On today’s episode, Dooner and The Dude are talking about how Schneider is supporting professional driver Mitch Palmer’s daughter, Krysta, a member of the U.S. diving team at the Tokyo Olympics. Andy Berke, BlueGrace Logistics’ senior sales director, gets us…
“Culture” has become a buzzword synonymous with impassioned mission statements and quirky office perks. In reality, culture goes far beyond ping pong tables and casual Fridays. When a company defines their culture, they are defining their values. That is why…
Statistically speaking, summertime has the highest frequency of vehicle theft, which is why the National Highway Traffic Safety Administration declared July as Vehicle Theft Prevention Month. Not only do drivers need to consider shifts in behavior but also the technology…
There are many people interested in former transportation companies, whether they were trucking companies, railroads, airlines or ocean lines. They are called “fallen flags,” and the term describes those companies whose corporate names have been dissolved through merger, bankruptcy or…
After quietly raising $43 million over the last six months of 2020, Relay Payments is on its way to raising an additional round for its electronic payment platform. According to a filing with the U.S. Securities and Exchange Commission last…
Containers don’t lie — and currently they tell the unvarnished ugly story of the supply chain bottleneck facing importers. U.S. shippers this holiday season will need more than Rudolph’s red nose to guide them through the whiteout of congestion. “Obviously,…
Trucking companies lose an estimated $2.2 billion to $3.5 billion a year due to weather-related delays, according to the U.S. Department of Transportation, and nearly 12% of those truck delays are caused by weather in the cities with the greatest…
Independent work is all the rage right now. Here’s a crazy stat – if the growth rate of Uber drivers were to remain steady, every person in America would be an Uber driver within five years. But despite the rapidly…
Total second-quarter revenue jumped 57% year-over-year for Shopify, signaling that there is no slowdown happening in the e-commerce space. The company said revenue was $1.12 billion and gross profits increased 64% to $627 million, compared to $381.4 million in Q2…
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