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Paragon Software Systems acquired a majority shareholding in Axida, a company that has been a business partner of Paragon in the home delivery service industry.
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Mary Petrovich, a former CEO of AxleTech from 2002-2011, will rejoin the firm as executive chairman. Joe Mejaly, who joined the company in May 2014 as general manager, will serve as AxleTech International’s CEO.
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ABF Logistics acquired the privately held truckload brokerage firm Smart Lines Transportation Group for $5.17 million in cash. The acquisition of the Oklahoma City-based company will expand ABF's third-party logistics operations into the Oklahoma City market.
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The Canada-based customs broker Farrow Co. has acquired CK Logistics Inc., an established customs broker and logistics firm headquartered in San Antonio.
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FedEx acquired third party logistics company Genco, expanding the company’s portfolio to include reverse logistics which deals with the processing of returns for retailers.
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Antares Trailers has been acquired by Direct Trailer, a Texas-based manufacturer of custom flatbeds and drop-deck trailers. The acquisition will expand Direct Trailers production capabilities and increase the business volume.
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Pilot Logistics Services and Thomas Petroleum completed a merger which will combine both companies into Pilot Thomas Logistics. The merged company will be headquartered in Fort Worth, Texas.
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The acquisition will allow Trucking Unlimited to streamline the process of both finding and posting online driving jobs.m for $800,000.
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The deal is the latest of a number of investments Manitoulin has made in Western Canada in recent years to build its offerings and coverage in the region.
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The third-party logistics provider C.H. Robinson Worldwide Inc. has reached an agreement to acquire Freightquote.com Inc. for $365 million in cash.
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