Cabot Properties, a leading investor, developer, and operator of logistics properties across the United States, Europe, and Asia Pacific, has announced its acquisition of 42-52 Raymond Avenue, Matraville, a newly built 19,819-square-meter (213,330-square-foot) logistics facility in South Sydney, Australia. Purchased…
Matternet, a leader in urban drone delivery platforms, has received a Light UAS Operator Certificate (LUC) from the Swiss Federal Office of Civil Aviation (FOCA). This is the first LUC granted by FOCA for higher-risk “SAIL III” missions, allowing beyond…
Generational Capital Markets (GCM), a prominent mergers and acquisitions advisor for privately held businesses and a member of FINRA/SIPC, is pleased to announce the successful sale of its client, Foundation Logistics, to Radiant Logistics. The acquisition, effective September 1, 2024,…
Trucking companies serving the Ports of Los Angeles and Long Beach are facing significant challenges in transitioning to zero-emission drayage fleets by 2035, as required by California’s Advanced Clean Fleets (ACF) regulation, according to a new study commissioned by the…
Kawasaki Robotics will showcase new additions to its extensive robotics portfolio, including the CL Series of intelligent collaborative robots (cobots), at the International Manufacturing Technology Show (IMTS) in Chicago from September 9-14. The CL Series cobots, available in various payload…
Align Capital Partners (ACP) portfolio company Schneider Geospatial, LLC (referred to as “Schneider Geospatial” or the “Company”) has acquired Systems Development Group (SDG), a provider of geo-centric property record and analysis solutions for local governments. SDG will now operate as…
Data from June 1 to September 1, 2024, reveals notable shifts in luggage-related issues compared to previous years. This summer, developed countries, particularly airlines like Lufthansa and airports such as New York, have emerged as significant sources of passenger problems.…
Buske Logistics (“Buske”), portfolio company of Fourshore Partners (“Fourshore”) announced today its acquisition of Hydra Warehouse and Transportation (“Hydra”), a premier provider of critical contract logistics services with expertise in the food and beverage industries.Buske Logistics is a 101-year-old, asset-light…
Northern Offshore Services (N-O-S) today unveiled the new I-Class Crew Transfer Vessel (CTV) powered by the first real-world commercial application of Volvo Penta’s IPS Professional Platform. The vessel began operating in a UK wind farm on September 1, 2024. N-O-S and Volvo Penta…
Kargo, a leader in artificial intelligence (AI) technology for logistics, and Armada Supply Chain Solutions, LLC, a leading supply chain solutions provider, announce the successful rollout of Kargo’s computer vision solution at 240 dock doors to automate inventory management across Armada’s…
Lythouse, a leader in ESG data management solutions, introduces an innovative approach to simplifying the management of supply chain emissions, particularly focusing on the most challenging aspect: Scope 3, Category 1 emissions.Scope 3, Category 1 emissions from purchased goods and…
Ryder System, Inc. (NYSE: R), a leader in supply chain, dedicated transportation, and fleet management solutions, announces its recognition as one of the Top 10 3PLs in the 2024 Readers’ Choice Excellence Awards by Inbound Logistics. This is the third consecutive year Ryder has been named…