Category: Business

GREENEVILLE, TN – Forward Air Corporation (NASDAQ: FWRD) has successfully reached an amended agreement with Omni Logistics, LLC, resolving the ongoing dispute over their previously announced acquisition. The private company, majority owned by Ridgemont Equity Partners and EVE Partners, LLC, will now see changes to the terms initially outlined in the merger agreement. The resolution…

Omaha, NE – Werner Enterprises, Inc. (Nasdaq: WERN), a leading transportation and logistics provider, announced the appointment of Nathan J. Meisgeier as President, effective January 5, 2024. The decision was made by the Company’s Board of Directors upon the unanimous recommendation of Chairman and CEO Derek J. Leathers. Mr. Meisgeier, 50, will also retain his…

CHATTANOOGA, TN – Kenco, a prominent North American third-party logistics company, has officially acquired The Shippers Group, a Dallas-based third-party warehousing company, in a move that significantly enhances Kenco’s capabilities. The strategic partnership, announced today, includes increased capacity, broader geographic reach, and an expanded suite of services, positioning Kenco to better serve its customers across…

QUEBEC CITY, QC – The Quebec pension fund, Caisse de dépôt et placement du Québec (CDPQ), has recently secured a substantial stake of US$171.7 million in TFI International, a prominent and highly diversified transportation company with an extensive track record of 125 acquisitions across the United States and Canada since 2008. This strategic investment, involving…

BOLTON, ON – Titanium Transportation Group Inc. (TSX:TTNM, OTCQX:TTNMF) has announced its financial outcomes for the three and nine-month duration concluding on September 30, 2023. In a resilient showcase amidst a challenging economic landscape, the company has reported a noteworthy 14% quarter-over-quarter surge in revenue within its trucking segment, primarily attributed to contributions from a…