NOTED
> M&A
> SEALED DEALS
n The Kenan Advantage Group (KAG) acquired XBL Holdings, including its subsidiaries Xcel Bulk Logistics and XBL Industrial Materials. XBL is a dry bulk transporter providing transportation, storage, and logistics services to industrial and construction companies.
• FIFA selected Rock-it Cargo, a global critical logistics company, to be the official logistics provider of the FIFA World Cup 26.
Rock-it Cargo will provide multi-year planning, management and event-logistics services as the FIFA World Cup expands to 48 teams and 104 matches across three countries and 16 host cities in 2026.
n Schneider National entered into a definitive agreement to acquire Cowan Systems, a dedicated contract carrier with a portfolio of complementary services including brokerage, drayage, and warehousing. n Arvato purchased ATC Computer Transport & Logistics, an Irish company that provides specialized transport, logistics, and technical services for hyperscale data center operators, high-tech freight forwarders, and original equipment manufacturers.
• TWINSET, a high-end Italian fashion brand, has selected the TrusTrace platform to help identify suppliers, support eco-design initiatives, and measure each product’s environmental impact.
• Online furniture retailer vente-unique.com has partnered with Dexory, a robotics and data
intelligence company, to enhance its warehouse operations by integrating Dexory’s autonomous robots and DexoryView platform.
n The Dupuy Group acquired the business and assets of Eland Logistics, which operates a warehouse in Mississauga, Ontario, to provide regional coee roasters and their suppliers with storage, logistics, and Canada-U.S. customs brokerage services.
• Tata Consumer Products Limited, a fast-moving consumer goods company, chose Arkieva to optimize and manage its tea blending and associated raw materials procurement process.
n Mullen Group acquired Pacific Northwest Investments, including its subsidiary Pacific Northwest Moving (Yukon) Limited. n DAT Freight & Analytics acquired the operations of Trucker Tools, a load visibility, automated booking, digital freight matching, and carrier engagement company for commercial trucking. The acquisition expands DAT’s ability to provide real-time GPS tracking and load optimization on the DAT One platform. n Cart.com acquired OceanX, the wholly owned fulfillment operations arm of Guthy-Renker. The acquisition expands Cart.com’s tech-enabled capabilities to support high-volume beauty, wellness, and lifestyle brands.
> MILESTONES
n LogiNext, an AI platform for logistics and supply chain companies, has successfully completed one billion deliveries worldwide. n Weber Logistics is celebrating its 100th anniversary. The company was first formed in 1924, when five people invested $100 each to create the Jennings-Nibley Warehouse Company.
n Canada Cartage signed an agreement to acquire Coastal Pacific Xpress , a temperature-sensitive carrier in western Canada.
32 Inbound Logistics • January 2025
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