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Filed in Brokerage

Wednesday, December 02, 2015

ArcBest’s 3PL subsidiary ABF Logistics acquired Plano, Texas-based Bear Transportation Services L.P. this week for $26 million. Bear is a private, non-asset truckload brokerage firm, with more than 140 employees in Plano and Fayetville, Ark. It was established in 1982 and has roughly $120 million in annual revenue in providing services for myriad industry verticals, according to ArcBest.
Posted on 12/02 at 11:05 AM
NewsbrokerageABF LogisticsPermalink

Tuesday, August 11, 2015

Over the last several months, there has been a spate of merger and acquisition (M&A) activity centered around deals with an emphasis on large truckload brokerages. On the surface deals like these makes sense for more than a few reasons, given the vast carrier reach that the large brokerages have, coupled with strong technology platforms, and shipper relationships across a wide swath of industries.
Posted on 08/11 at 07:49 AM

Friday, July 31, 2015

Rumors of transportation and logistics titan UPS acquiring Chicago-based transportation management services provider Coyote Logistics for $1.8 billion have become a reality, with UPS announcing today that the deal is now official.
Posted on 07/31 at 08:52 AM

Thursday, July 02, 2015

This is the 26th edition of this report, which is based on monthly data from TIA member companies who submit real operating data and respond to questions on business conditions impacting the 3PL sector.
Posted on 07/02 at 09:07 AM

Thursday, July 17, 2014

Cincinnati-based non-asset freight broker and third-party logistics (3PL) services provider Total Quality Logistics (TQL) recently announced it has opened a new sales office in Daphne, Alabama.
Posted on 07/17 at 08:19 AM
News3PLTotal Quality Logisticsbrokeragefreight brokerageTQLPermalink

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