Inbound Logistics | September 2022


> M & A


n KLLM Transport Services, a temperature-

controlled truckload carrier in North America, acquired refrigerated transport firm Quest Global, located in Cartersville, Georgia. n PS Logistics’ subsidiary DMT Trucking acquired Noble LLC, Noble Trucking, and Noble Logistics , making it one of the largest 53-foot lightweight flatbed carriers in the country, with more than 400 power units and 1,000 trailers. n A.P. Moller-Maersk continued its acquisition spree by purchasing project cargo specialist Martin Bencher for an enterprise value of $61 million. n Indiana-based logistics broker Backhaul Direct acquired trucking company Baker’s Express , gaining more than 250 vehicles available for regional transport that will help ease local supply chain backlogs. n UPS plans to purchase multinational healthcare logistics provider Bomi Group, adding 3,000 employees across 14 countries, as well as approximately 350 temperature-controlled vehicles and 4 million square feet to the UPS Healthcare global footprint.

• Bettaway Beverage Distributors was named by Schneider Transportation Management as the top- performing mid-sized truckload contract carrier in Schneider’s carrier-of-the-year program. Schneider selected Bettaway for exemplary support of its truckload brokerage operations.

• Dave Micha , a welder at The Raymond Corporation , won gold at the Toyota Material Handling Group Skills Competition, beating competitors from the United States, China, France, Italy, and Sweden. The competition consisted of performing tack welding, executing semiautomatic welding, and finishing the surface of a steel pressure vessel.

• The Intermodal Association of North America (IANA) presented three professionals with industry awards. Ted Prince , chief strategy officer and co-founder of Tiger Cool Express , received the IANA Silver Kingpin Award for his career-long industry contributions. Jim Newsome , executive advisor to the South Carolina Ports Authority , is the honoree for the 2022 Chairman’s Award, in recognition of his dedication to the association. And Congressman Alan Lowenthal , representing California’s 47th District, is the recipient of the Intermodal Achievement Award for his consistent support of the freight supply chain. • Landstar honored its safest independent owner- operators at the 2022 Landstar BCO All-Star Celebration. The company’s newest class of Million Mile Safe Drivers —truckers who have driven at least one million consecutive miles with Landstar without a preventable accident—includes 112 new One Million Mile Safe Drivers, nine new Two Million Mile Safe Drivers, and five new Three Million Mile Safe Drivers.


n RoadOne IntermodaLogistics

launched an electric truck pilot with IKEA, the Port of Baltimore, and Nikola Corporation. It is the first

company at the Port of Baltimore to engage in an electric truck pilot, and RoadOne estimates the initiative will remove 11,000 gallons of diesel fuel per truck in one year.

n Furthering its commitment to sustainable action, beverage giant PepsiCo expanded its use of 100% waste- based thermoplastic across its supply chain. Working with UBQ Materials, PepsiCo switched to reduced-carbon pallets, ordering 30,000 pallets that incorporate UBQ’s thermoplastic product.

September 2022 • Inbound Logistics 17

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