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Kenan Advantage Group (KAG) announced Tuesday it has acquired bulk tank hauler TransVac. Abbeville, Louisiana-based TransVac primarily provides tank transportation of chemicals, plastics, petroleum products and water treatment products. The company also provides disposal services for drilling muds at oil and gas wells. It has 45 power units and 43 drivers, according to the Federal…
Although some once-high-flying FreightTech firms folded in 2023 and others are cutting staff, some supply chain-related technology startups continue to secure venture capital and funding deals. Sayari, a supply chain risk intelligence provider, recently announced private equity firm TPG is making a $228 million strategic majority investment in the company. Meanwhile, global supply chain-focused startups…
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Container shipments from China to Mexico skyrocketed in January; construction set for border logistics park in West Texas; Nippon Steel set to build $71M plant in Mexico; and China-based auto supplier announces $178M investment in Mexico….
To learn more, click HERE The post Daily Infographic: The Competitive Advantage of Technology Tools in Construction appeared first on FreightWaves.
FreightWaves’ State of Freight webinar for July offered a wide ranging discussion on everything from trucking bankruptcies, a surge in West Coast imports, to what a second Trump presidency could mean for the supply chain. Craig Fuller, FreightWaves CEO and founder, said, “For many people, the presidential race is in many Americans’ minds, looking more…
Roadrunner has revamped its business model in a major way over the past few years. The company – which describes itself as “transportation’s greatest comeback story” – has taken several ambitious steps in order to become the well-respected national LTL carrier it is today. Roadrunner’s strategic shifts included exiting both the truckload and rail markets…