The market’s brutal, sure, but for freight agents with the right tools, it’s prime hunting season. Here’s how they’re making it work.
The fentanyl pipeline is the dark mirror of global logistics: lean, fast, and deadly. And while freight fights inefficiency, the cartels are mastering scale.
Plus, tariff deal with Mexico stalls, July's Blitz Week preparation, J.B. Hunt sees cautious shippers in bid talks, and more.
Haney and White acquires B.R. Williams, forming BRW. $100M revenue, 300+ employees, targeting $250M by 2030. Aiming to be major player in Southeast logistics.
Haney and White, a Kentucky-based 3PL, has claimed it stake in the Southeast logistics scene. They've acquired B.R. Williams Trucking and LTL, creating a new entity: BRW.
B.R. Williams, a family-owned operation since 1958, brings significant assets to the table. Haney and White, previously asset-light, now controls a substantial fleet and warehouse network. A 3PL acquiring a major asset-based carrier is an unusual move in the industry, however it seems the move has benefited all parties involved so far.
BRW aims to dominate the I-65 corridor from Indiana to Florida.
They're targeting:
Nate Haney, co-founder of Haney and White, says:
"The combination of these four companies provides a dynamic, disruptive, and driven enterprise built on integrity that is ideal for taking advantage of market growth opportunities and long-term sustainability."
BRW's formation signals a major shift in the regions logistics and potential beyond. Keep an eye on this company as they pursue aggressive growth targets in the not to distance future.
Source: FreightWaves
With finalization of Coyote acquisition, RXO boosts revenue by nearly $4 billion, unlocking new market opportunities and expanding business growth potential.
Platform Science acquires Trimble's telematics business, promising more apps and better fleet tech, expected to be a historic freight tech deal.
RXO's $500M stock offering powers its acquisition of Coyote Logistics, expected to close by September 20, 2024.
"With the acquisition of MercuryGate, Körber Supply Chain Software is poised to offer an unparalleled combination of advanced technology and deep industry expertise."
Join over 12K+ subscribers to get the latest freight news and entertainment directly in your inbox for free. Subscribe & be sure to check your inbox to confirm (and your spam folder just in case).
