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Private fleets drive stability in a sluggish freight market

Private fleets—representing more than half of the $900 billion U.S. trucking market—are holding strong despite falling rates in the for-hire sector. In fact,...

3PL focused on events, luxury goods changes private equity hands

Private equity firm Providence Equity Partners has acquired a controlling interest in Global Critical Logistics (GCL).New York-based GCL specializes in arranging freight transportation...

Private equity-backed Everest Transportation acquires Simple Logistics

Supply chain-focused private equity firm Cambridge Capital announced Tuesday that portfolio company Everest Transportation Systems is acquiring 3PL peer Simple Logistics.St. Charles, Illinois-based...

Bain to Buy Nissin Shares to Go Private in $756 Million Deal

Nissin's Yokohama Heavyweight Packaging Center and conventional ship cargo handling. (Nissin via YouTube)...

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