Inbound Logistics | September 2023

NOTED [ IN FOCUS ]

The Supply Chain in Brief

> GOOD WORKS

> M & A

• Transervice Logistics, a provider of dedicated contract carriage and customized transportation solutions, awarded four $2,500 scholarships to children of its employees for the 2023 fall term at the college of their choice. The Transervice executive team chose the winners based on academic achievement, community involvement, and overall character.

> UP THE CHAIN

Trax Technologies, a transportation spend management solutions company, appointed Blake Tablak ( pictured ) as CEO. Tablak succeeds Hampton Wall, who will transition to the role of special advisor.

n Forward Air Corporation and Omni Logistics will combine in a cash-and-stock transaction. The merger creates a scaled LTL enterprise that provides multimodal solutions for shippers with complex, high-service, and high-value freight needs.

Robert Stadnicki joins Worldwide Logistics Group as national air freight director, responsible for setting the company’s air freight strategy, managing import and export air services, and creating and implementing new strategies to drive revenue.

n CEVA Logistics signed an agreement to acquire 96% of Mumbai-based Stellar Value Chain Solutions , a contract logistics provider, encompassing

DP World named Terry Donohoe as vice president of freight forwarding for the Americas. He is responsible for establishing and implementing the company’s Americas’ freight forwarding strategy and service offerings while working to integrate these capabilities into the broader DP World global supply chain network.

IntelliTrans, a provider of global multimodal solutions for the bulk and break-bulk industries, named Chad Raube ( pictured ) as president and CEO, replacing Ken Sherman, who has retired.

approximately 7.7 million square feet of space across more than 70 facilities in 21 cities in India. n Verst Logistics has acquired the managed transportation and freight brokerage business from Loth Logistics. This strategic transaction will roll up into the Verst Transportation Business Unit.

DHL Supply Chain announces a change in its regional management as Terry Ryan, CEO DHL Supply Chain Asia Pacic, retires from the DHL Group after more than 40 years with the company. His successor, Javier Bilbao ( pictured ), was previously CEO DHL Supply Chain Latin America.

18 Inbound Logistics • September 2023

Powered by