Logistics Industry News

PJLN Acquires Fond du Lac, Its First Deal Under Maxwell Street

The Cranbury, New Jersey, logistics company adds seven temperature-controlled, customs-bonded warehouses in Edison that serve wine, spirits, and specialty food customers. Terms were not disclosed.

Koliway Acquires Millhouse Logistics, Names C.H. Robinson Alum CEO

Bryan Foe takes over the Fletcher, North Carolina, time-critical freight provider, which keeps its brand and operating authority. Terms were not disclosed.

TA Services Acquires Carmen Pacheco Transportation in Asset Deal

The family-owned El Paso carrier and Interload Forwarding, a second Ibarra family business, bring trucks, five warehouses, and a truck yard to the non-asset division of Gamut- and BCI-backed PS Logistics. Terms were not disclosed.

PS Logistics Unit TA Services Acquires El Paso's Interload Forwarding

Sister carrier Carmen Pacheco Transportation was part of the same deal, which adds five warehouses in El Paso and Laredo to a PS Logistics group backed by Gamut Capital Management. Terms were not disclosed.

Centre Partners and Altivare Acquire Freight Broker Navajo Expedited

The Lakeland, Florida truckload broker, previously part of Denver carrier Navajo Express, remains led by founder and CEO Brandon Bodine. Terms were not disclosed.

Mubadala Capital Agrees to Acquire Majority Stake in Arrive Logistics

The alternative asset arm of Abu Dhabi's Mubadala Investment Company signed a definitive agreement for the Austin truckload broker. ATL Partners, Lead Edge Capital, other existing investors, and management keep stakes.