A monthly roundup of news about mergers & acquisitions, funding, partnerships and launches in the supply chain transportation logistics industry.
Partnerships
Shippo Partners with CommentSold to Extend Shipping Capabilities to CommentSold's Merchants - April 06, 2021
MeMD, Healthy Transportation Foundation Partner to Offer Telehealth Program to Trucking Companies Nationwide - April 07, 2021
Vehicle, Heavy Equipment Haulers Get Relief - Cut Insurance, Fuel Costs through National Vehicle Transporters Alliance - April 07, 2021
Intek and Minerva Announce Strategic Partnership with CipherLab USA - April 07, 2021
H-E-B to provide on-campus grocery delivery at Texas A&M - April 09, 2021
Rufus Labs and StayLinked Partner to Maximize Warehouse Worker Productivity as First Step in Modernizing Legacy Warehouses - April 12, 2021
Jaguar Freight Expands Suite of Services With Innovative Trade Finance Solution - April 12, 2021
KBX collaborates with OMNIA Partners to Offer Transportation Solutions - April 14, 2021
Nulogy Software to Drive Co-Packing Growth for CEVA Logistics - April 15, 2021
Mars, PepsiCo and McCormick form coalition to guide supplier sustainability - April 20, 2021
Made4net Announces Strategic Partnership with 4SIGHT Supply Chain Group - April 27, 2021
Axele Announces Partnership with Apex Capital - April 28, 2021
Ruan Partners with Mastery Logistics to Enhance TMS Platform and Redefine Supply Chain Software - April 29, 2021
Launches
Kroger Delivery Introduces America's First Customer Fulfillment Center - April 14, 2021
J.Crew Launches "Re-Imagined By J.Crew" Initiative To Enhance Sustainability Of Products And Supply Chain Operations - April 19, 2021
PCS Software Launches a New Conference Tailor-made for Shippers, Carriers & Brokers - April 21, 2021
Loadsmart Launches True Mode Optimization to Reimagine Sustainable Shipping - April 21, 2021
Mergers & Acquisitions
Pilot Freight Service Acquires Kansas City Franchise - April 1, 2021
MercuryGate Acquires Logistics Leader Cheetah Software Systems - April 6, 2021
3PL Central Acquires Skubana To Expand Inventory & Order Management Offering for Ecommerce - April 7, 2021
Logisyn Acts as Strategic Advisor to Haven in Acquisition by FourKites - April 13, 2021
A&R Logistics Acquires Luckey Trucking - April 13, 2021
FourKites Acquires Haven, Inc., and Introduces Dynamic Ocean - April 15, 2021
Toll Group sells its Global Express business to Allegro Funds - April 22, 2021
Panasonic buys Blue Yonder for $7.1B as pandemic heightens data demand - April 23, 2021
DSV Panalpina acquires Agility’s Global Integrated Logistics business - April 27, 2021
Forward Air Acquires J&P Hall Express, Expanding Regional LTL Door-to-Door Service - April 28, 2021
Funding
Announcing Stord’s $65M Series C led by BOND - April 1, 2021
Nuvocargo raises $12M to digitize the freight logistics industry - April 7, 2021
Torch Raises $3.5M Seed Funding Led by Maersk Growth - April 15, 2021
TuSimple Raises $1.35 Billion Through IPO - April 15, 2021
MightyFly raises $5.1 million seed funding to scale hiring and production of its eVTOL aircraft - April 21, 2021
Old Dominion to invest $605M in trucks, service centers as volumes trend up - April 26, 2021
ReBranding
Nestle Waters North America, owner of Poland Spring, becomes BlueTriton Brands - April 6, 2021
XPO Logistics Announces Mark Manduca as Chief Investment Officer for GXO Logistics Spin-Off - April 19, 2021
About JBF Consulting
Since 2003, we’ve been helping shippers of all sizes and across many industries select, implement and squeeze as much value as possible out of their logistics systems. We speak your language — not consultant-speak – and we get to know you. Our leadership team has over 70 years of logistics and TMS implementation experience. Because we operate in a niche — we’re not all things to all people — our team members have a very specialized skill set: logistics operations experience + transportation technology + communication and problem-solving skills + a bunch of other cool stuff.