NOTED
> M&A
> GREEN SEEDS
n Descartes Systems Group acquired GroundCloud, a cloud-based provider of last-mile solutions and road safety compliance tools. n To expand its last-mile oerings, PITT OHIO secured a minority stake in Aria Logistics, a nationwide provider of large format residential delivery. Services include curbside, threshold, room of choice, and white glove delivery. n GEODIS has finalized its acquisition of trans-o-flex, a leading German network for temperature-controlled pharmaceutical goods and express premium delivery. The acquisition boosts GEODIS's presence in the healthcare market and enhances its delivery capabilities in Europe. n Overhaul, a provider of supply chain visibility, risk, compliance, and insurance solutions, purchased SensiGuard security services from Sensitech. The acquisition expands Overhaul’s global footprint by adding oces in Brazil, Mexico, and Czech Republic. n ROI sold Atlas Motor Express , a Boston-area trucking company that specializes in less-than-truckload freight, consolidation, and final-mile deliveries, to Laconia Best Warehousing and Distribution. n To boost its customs brokerage, clearance, and consulting solutions oerings, EFL Global acquired Trans American Customhouse Brokers. n Horizon Air Freight purchased Transmarine Navigation Corporation. The acquisition allows Horizon Air Freight to oer port call agency services at Transmarine's 12 served ports in the Gulf Coast, West Coast, Hawaii, and Argentina. n Asset-based truckload carrier Big G Express acquired RTR Transportation , a nationwide dry van truckload carrier that oers local cartage, warehousing, cross-dock, trailer rework, and storage trailers. Both companies are based in Tennessee.
n Lufthansa Cargo will equip all its Boeing 777 freighters with AeroSHARK surface film. The technology mimics the microscopic structure of shark skin, which provides fuel e ciencies and reduces emissions. n US Foods Holding received its first battery-electric powered Freightliner eCascadia trucks at its La Mirada, California distribution center. The food service distributor plans to add a total of 30 electric trucks to its distribution fleet.
> SEALED DEALS
• Apotea, an online pharmacy, automated its logistics center with the piece-picking robot eOperator solution, a collaboration among Element Logic, AutoStore, and RightHand Robotics. • Cooper's Hawk Winery & Restaurants implemented ArrowStream's food service cloud platform for supply chain intelligence in its network of more than 275 chain operators across 100,000 restaurant locations, 1,300 distribution locations, and 10,000 manufacturers.
March 2023 • Inbound Logistics 21
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