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News Stories (15 Results) - Logistics

Every week, Ritchie Bros.' GovPlanet marketplace sells thousands of items from the U.S. Department of Defense, including demilitarized vehicles, uniforms, tents, medical supplies, and more. In mid-March, when a shortage of personal protective... Read Story
April 28, 2020, 07:20 AM


CIT Group Inc. announced its Real Estate Finance business served as administrative agent for an $87 million loan to finance construction of a new logistics warehouse and storage facility adjacent to John F. Kennedy International Airport in Queens, NY... Read Story
January 27, 2020, 07:10 AM


Wintrust Receivables Finance announced the closing and funding of a $20 million credit facility for a third-party logistics provider based in Chicago. The company, which was founded two years ago, has become one of the fastest growing enterprises in... Read Story
October 30, 2019, 07:06 AM


The American Trucking Associations released its latest ATA Freight Transportation Forecast: 2019 to 2030, an annual projection of the state of the freight economy, showing continued growth in the industry.“America’s trucking industry, and the overall... Read Story
August 26, 2019, 07:00 AM


Wintrust Commercial Finance (WCF) announced it acted as lead arranger for a $90 million term loan facility for a national transportation and logistics services firm. Proceeds from the facility, which includes a $40 million accordion feature, will be... Read Story
May 02, 2019, 07:20 AM


BNP Paribas Leasing Solutions announced the appointment of Philippe Lambert as Managing Director of the Equipment and Logistics Solutions (ELS) International Business Line, and member of the Executive Committee, effective April 1.Lambert, 52, has... Read Story
March 28, 2019, 07:15 AM


Atlas World Group Inc., which is composed of a portfolio of companies that delivers transportation and related services globally through a network of agents and select service partners, announced plans to form a new leasing company, AWG Equipment... Read Story
March 12, 2019, 07:30 AM


CIT Group Inc. announced it is creating a new Logistics Finance unit within its Capital Equipment Finance business to deliver expanded leasing and financing solutions to all stages of the supply chain. The logistics equipment category broadly... Read Story
July 20, 2018, 07:30 AM


Covenant Transportation Group, Inc. announced it has completed the acquisition of Landair Holdings, Inc. of Greeneville, Tenn., the holding company for Landair Transport, Inc. and Landair Logistics, Inc. in a $83 million deal.Landair is a dedicated... Read Story
July 06, 2018, 07:10 AM


Kevin Plummer has joined NationaLease as National Account Executive — West Region. He will be responsible for growing the organization’s full-service lease, contract maintenance and dedicated logistics business solutions.Since 2010, Plummer has held... Read Story
May 31, 2018, 07:24 AM


Billionaire philanthropist Bill Gates has joined a group of big name investors who hope to give Uber a run for its money in the emerging market for on-demand freight-sharing.The software pioneer recently joined a group of financers that includes... Read Story
July 28, 2017, 07:19 AM


Roadrunner Transportation Systems (“Roadrunner”), a leading asset-right transportation and asset-light logistics service provider, announced that it has closed a new five-year $292 million asset-based lending facility (“ABL”) provided by BMO Harris... Read Story
July 24, 2017, 07:05 AM


AmeriQuest Business Services, a provider of financial process automation, procurement, and asset management solutions, announced that Patrick Barrett has joined the company as Vice President of Financial Services. Patrick will report directly to Pat... Read Story
June 16, 2016, 07:00 AM


The arrival of Uber for trucking or mobile-based freight brokering is ushering in a new era in the North American trucking and freight logistics market. Currently, inefficiency plagues the freight movement and logistics market, with approximately 20... Read Story
October 28, 2015, 07:26 AM


Caterpillar Inc. announced it has signed an agreement that would result in Platinum Equity acquiring a 65% equity stake in Caterpillar Logistics Services LLC, the third party logistics division of its wholly owned subsidiary, Caterpillar Logistics... Read Story
May 11, 2012, 07:30 AM