NOTED
> RECOGNITION
> M&A
n DHL eCommerce entered the Saudi Arabian market by acquiring equity stake in parcel logistics company AJEX.
• Yang Ming was honored with the 2024 Sustainability Partner Award - Energy Efficiency by Norfolk Southern
n Wize Solutions acquired York Warehouse Equipment Erectors, a Phoenix-based warehousing company.
Corporation. The award recognizes companies or suppliers who optimized energy eciency management and achieved progress in 2023. • For the fourth consecutive year, CarriersEdge named Leonard’s Express one of North America’s Top 20 Fleets to Drive For. • Logistics Plus recognized six LTL carriers for superior performance and partnership in 2024 as part of its annual scorecard review: Pitt Ohio, Estes Express, Ward Transport & Logistics, Dayton Freight, RIST Transport, and Lake Erie Trucking.
n Wabash acquired TrailerHawk.ai, a provider of advanced cargo security and smart access management technologies.
n Arvato purchased Carbel LLC, a full-service 3PL provider, and United Customs Services , which oers complete import and export solutions.
n Tenstreet acquired TextLocate, a provider of driver communications for third-party logistic providers.
n Canada Cartage will acquire Walmart Fleet ULC, which transports local goods to support communities across Canada and services Walmart’s more than 400 stores from coast-to-coast.
• The Rotary Club of Gainesville named Syfan Logistics CEO Jim Syfan its Man of the Year, recognizing his significant contributions to both the business community and local philanthropy.
n Kezzler purchased Scanbuy’s Smart Packaging and QR Code consumer engagement business.
> IN MEMORIAM
> INVESTMENTS
• Tony Pereira, founder of Aeronet Worldwide, passed away on Feb. 9, 2025. In 1982, armed with $100, a Buick LeSabre, and the help of his 18-year-old son Alex, he began making pickups and deliveries in California’s Silicon Valley, developing the company now known as Aeronet. Today, Aeronet has 11 locations across the U.S., about 200 associates, and dozens of international joint venture partnerships around the world.
n Apptronik, an AI-powered humanoid robotics company, announced the successful closing of a $350 million Series A funding round co-led by B Capital and Capital Factory, with participation from Google. The new funding fuels the deployment of Apollo— its humanoid robot.
n Backed by $2 million in seed funding led by Ivy Ventures, Tusk Logistics’ Tusk Operations Platform cuts the manual overhead of working with multiple alternative carriers, enabling shippers to boost margins, enhance delivery speed and reliability, and scale their operations. n Desteia secured $8 million in a seed funding round led by Autotech Ventures, Nazca, and Village Global, positioning the company to provide new artificial intelligence tools and graph theory.
March 2025 • Inbound Logistics 13
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