C.H. Robinson to Acquire Prime Distribution Services

Prime had $108.7 million in total revenues for the fiscal year ended December 31, 2019. C.H. Robinson intends to purchase Prime for approximately $225 million in cash. The acquisition is expected to be slightly accretive in 2020 and will be financed through cash on hand and funds drawn from C.H. Robinson’s existing credit facilities. “Prime […]
Continue reading…

 

New Innovation Incubator, C.H. Robinson Labs, Drives Supply Chain Technology Solutions

Eden Prairie, Minnesota (Jan. 23, 2020) — C.H. Robinson today formally introduced C.H. Robinson® Labs™, an innovation incubator where the next big ideas in logistics and supply chain are created, tested, and scaled to drive smarter solutions for C.H. Robinson’s customers and carriers. Tim Gagnon, Vice President of Analytics and Data Science at C.H. Robinson, […]
Continue reading…

 

Old Dominion Freight Line MLB Spring Training with Nationwide Fan Events

THOMASVILLE, N.C. (Jan. 24, 2020) – Old Dominion Freight Line, the Official Freight Carrier of Major League Baseball (MLB), drives the annual Spring Training send-off tradition with MLB clubs across the country. The company will deliver clubs’ equipment to warmer locations as the teams start Spring Training, presented by Camping World. Before Old Dominion’s trucks […]
Continue reading…

 

Averitt Opens Distribution Center in Atlanta to Serve Southeast Transportation Hub

Averitt Express has opened a new distribution and fulfillment center in Atlanta, GA. Located just minutes from downtown and Hartsfield-Jackson Atlanta International Airport, the facility encompasses nearly 140,000 square feet of enclosed space to receive, manage, and distribute freight and inventory. “We are excited to increase our presence in this vital freight market to better […]
Continue reading…