NOTED
> M&A
> UP THE CHAIN
Global industrial manufacturer and distributor Optimas Solutions appointed Jim Heller ( left ) as the new senior vice president of distribution, and Chris Martens as the new vice president of manufacturing for the Americas region.
National DCP, the Atlanta- based foodservice company serving Dunkin’ restaurants worldwide, promoted Stephen Down to CEO. Down joined NDCP as CFO in 2023, bringing 30 years of financial and executive leadership experience.
n PS Logistics acquired Buddy Moore Trucking of Birmingham, Alabama. The transaction enhances PS Logistics’ flatbed, dedicated dry van, and brokerage operations, and diversifies its offerings in the Southeast. n To strengthen its geographic coverage of the European food network, Dachser acquired Frigoscandia AB, a full-service provider of temperature-controlled and frozen food logistics in the Nordic region. n Kenco acquired The Shippers Group, a Dallas- based third-party warehousing company. The strategic partnership adds to Kenco’s capabilities by providing increased capacity, broader geographic reach, and an expanded suite of services.
Magnate Worldwide appointed Matt Hamilton as president of its global forwarding services segment. Hamilton has an extensive history in global logistics and supply management, with over 27 years in the industry.
Omar Shamsie was named chief commercial officer of Odyssey Logistics. He will focus on driving strategic sales growth, developing vertical markets, and cross-selling initiatives to deepen customer relationships.
Polaris Transportation Group appointed Richard Kunow as president and Dave Cox as CEO.
Katie Quinn, formerly the COO of R2 Logistics, has assumed the role of CEO to steer the company’s third-party logistics services and strategic supply chain solutions into the future.
n Ryder System acquired Cardinal Logistics, which provides
Jeff Harpole will become chief operating officer at Ruan, succeeding Dan Van Alstine when he retires near the end of 2024. Van Alstine will serve on Ruan’s board of directors starting in 2025.
dedicated fleets and professional drivers to service complex route structures across distribution centers, suppliers, and stores. n Daseke has entered into a definitive agreement to be acquired by TFI International , a North American transportation and logistics provider.
> MILESTONE
n The Raymond Corporation facility in Greene, New York, is celebrating 100,000 employee-submitted kaizens in operations since introducing the program in 2006. Rooted in continuous improvement, kaizen is based on the idea that small ongoing changes over time will result in significant improvements.
February 2024 • Inbound Logistics 15
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