NOTED [ IN FOCUS ]
The Supply Chain in Brief
> GOOD WORKS
> M&A
n Werner Enterprises acquired Reed Transport Services and RTS-TMS , doing business as ReedTMS Logistics, an asset-light logistics provider and truckload carrier based in Tampa, Florida. n AGX Freight purchased the business assets of A-Logistics, LLC, a provider of supply chain management solutions. The acquisition allows AGX to expand its less-than-truckload service capabilities across its national transportation platform. n Aqua Power Systems entered exclusive negotiations to acquire all outstanding shares of Tradition Transportation Group, an Indiana- based logistics company. n In its fourth acquisition since launching in January 2022, Ascend LLC purchased Fuchs Trucking LLC . Ascend expects to oer additional capacity and services and deepen its footprint in the upper Midwest. n Ruan, a provider of integrated supply chain solutions, acquired National Truck Brokers (NTB) , a dedicated carrier in Grand Rapids, Michigan. NTB will operate as an independent member of the Ruan family of companies.
• DHL Express and the Van Gogh Museum launched the Heart for Art educational program, which provides children in communities with limited access to cultural education opportunities to learn about and engage with Vincent van Gogh’s artwork. • The estate of Dunavant founder William B. “Billy” Dunavant gifted $5.5 million to the University of Memphis to establish three Dunavant Chairs in supply chain management, one in agritech and regenerative agriculture, and the Laura Butler Ford Chair in nursing.
> UP THE CHAIN
• Keurig Dr Pepper (KDP) realigned its supply chain structure and promoted three KDP senior supply chain leaders into new roles, including naming Roger Johnson as the company’s new chief supply chain of cer.
> IN MEMORIAM
• AFS Logistics appointed Micheal McDonagh as its president of parcel. McDonagh will focus on pricing, strategy, and customer satisfaction. • Trailer Bridge named Eric Masotti president of its logistics division. Masotti now oversees the strategic direction of the company’s domestic transportation solutions.
n George Bell, founder of B&B Attachments, passed away on October 5, 2022. Bell founded B&B Attachments, an independent supplier of forklift truck attachments in the UK, in 1980 with his wife, Irene.
14 Inbound Logistics • December 2022
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