2+ hour, 54+ min ago  (353+ words) PLS Logistics Services announced that it has acquired The AGL Group, an international freight forwarder and supply chain company based in Weymouth, Massachusetts. The acquisition expands PLS Logistics" non-asset-based service portfolio and strengthens its position as a third-party logistics provider....

2+ week, 1+ day ago  (189+ words) Snap-on announced that it has acquired Diesel Laptops for approximately $100 million in cash, expanding the company's diagnostics and repair information capabilities in the heavy-duty truck and off-highway equipment markets. The transaction closed on June 8, 2026. Diesel Laptops, headquartered in Irmo, South…...

2+ week, 6+ day ago  (226+ words) The transaction assigns Einride a pre-money equity valuation of approximately $1. 35 billion. In conjunction with the merger, the company previously raised $113 million through an oversubscribed PIPE financing round. The financing attracted support from both new and existing investors, including EQT Ventures…...

1+ mon, 4+ day ago  (225+ words) Conduent announced that it has entered into a definitive agreement to sell its Public Transit business to Modaxo for $164 million as the company continues efforts to simplify its portfolio and strengthen its balance sheet. The Public Transit business, which operates…...

1+ mon, 1+ week ago  (613+ words) Funds advised by Apax Partners have reached a definitive agreement to acquire a controlling stake in Sedex from membership organization Sedex Holdings Ltd, marking a new phase of expansion for the supply chain risk management platform. Under the transaction, Sedex…...

1+ mon, 1+ week ago  (396+ words) Fed Ex announced that its board of directors has approved the previously announced separation of its freight business, paving the way for Fed Ex Freight to begin operating as an independent publicly traded company on June 1, 2026. The Fed Ex board…...

1+ mon, 2+ week ago  (462+ words) Pulse 2. 0 Lavish Enterprises Acquires Exclusive Rights To Fleet Path Lavish Enterprises has announced a definitive agreement to acquire exclusive, perpetual, and irrevocable commercial rights to Fleet Path, an AI-native operating system designed to unify the entire freight lifecycle for trucking…...

2+ mon, 3+ day ago  (320+ words) Humble's flagship product, the Humble Hauler, reimagines the traditional tractor-trailer by eliminating the driver cab entirely, resulting in a lighter, more efficient platform optimized for modern logistics environments such as warehouses, ports, and railyards. The design enables increased payload capacity…...

2+ mon, 1+ week ago  (246+ words) Fed Ex announced that Chief Financial Officer John W. Dietrich will step down from his role as executive vice president and CFO on June 1, 2026, in conjunction with the completion of the planned spin-off of Fed Ex Freight into a separate publicly…...

2+ mon, 2+ week ago  (254+ words) NFP, an Aon company, announced that it has acquired Sherman Insurance Agency, Inc. , a full-service brokerage specializing in trucking, commercial, personal, and benefits insurance solutions. The deal strengthens NFP Corp. s presence in the Upper Midwest and enhances its transportation…...