NOTED
> M&A
> RECOGNITION
• The Hyster® H40-70A forklift series is a winner of the 2023 GOOD DESIGN® Award. The H40- 70A models, which are available with 4,000-to-7,000-pound lift capacities, are designed around a singular base configuration derived
n The Kenan Advantage Group (KAG) acquired Northern Dry Bulk , a Clare, Michigan-based company specializing in the transportation and storage of plastic resins in the United States and Canada. n Armada Sunset Holdings acquired ATEC Systems and its affiliates. ATEC will operate as a division of Armada Supply Chain Solutions, the company's food and restaurant logistics operation. n Cheetah Net Supply Chain Service completed its acquisition of Edward Transit Express Group, a California-based global inbound non-vessel-operating common carrier providing ocean and air transportation services. n Accenture will acquire Insight Sourcing, a strategic sourcing and procurement services provider. n Cleveland-based KODIS Holdings , a collection of niche logistics companies, completed the acquisition of Syracuse- based Empire Freight Logistics . n RD Last Mile Holdings, a final-mile delivery company headquartered in Omaha, acquired the assets of Sonic Systems, a provider of customized and final-mile logistics services in Florida.
from direct feedback from operators, managers, technicians, safety coordinators and other professionals. From there, operations can tailor additional features, creating a forklift based on their specific application. • The Allen Lund Company was designated a 2023 Warehouse Delivered Carrier of the Year for PepsiCo's Central and North Divisions. • Kaleris was named the overall leader in the Yard Management System Competitive Ranking by technology intelligence expert ABI Research. The Kaleris yard management system was the highest-performing solution across multiple categories, earning both Top Innovator and Top Implementor rankings, which culminated in the overall leader ranking. • AutoScheduler.AI won the BG Strategic Advisors Supply Chain “Shark Tank” competition, taking home both the Judge’s Choice and the People’s Choice Awards. Awards included $5,000 provided by former Shark Tank winner Venti and $10,000 in services by Benesch. • IntelliShift was selected as winner of the IoT Analytics Company of the Year for the second year in a row in the 8th annual IoT Breakthrough Awards program conducted by IoT Breakthrough, a market intelligence organization that recognizes the top companies, technologies and products in the global Internet of Things market. • Schneider National received the National Safety Council’s Green Cross for Safety Advocate Award for the company’s work piloting technology to combat
> MILESTONE
n CB Customs Broker, a Lufthansa
impaired driving. The NSC’s safety awards recognize individuals and organizations for their contributions to the advancement of safety in the workplace, on the road and in homes and communities.
Cargo subsidiary, customs-cleared 50 million shipments in just three years. The company specializes in all aspects of customs and customs clearance for import and export shipments by air, sea, rail or road.
March 2024 • Inbound Logistics 13
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