McNally Capital Sells Leading Third-Party Logistics Provider CHICAGO–(BUSINESS WIRE)–#3PL–McNally Capital (“McNally”), a leader in Direct Family Capital, is pleased to announce the sale of ITS Logistics (“ITS” or the “Company”). ITS is a leading third-party logistics provider that delivers a variety of services in supply chain management, freight logistics, distribution/fulfillment, and transportation management. McNally invested […]
After Successful Program Launch, Kanbrick Launches Second Wave of Business Program CHICAGO–(BUSINESS WIRE)–Kanbrick, the long-term investment partnership co-founded by Tracy Britt Cool and Brian Humphrey, announced that it is accepting applications for its second Build with Kanbrick business program. The free three-month program is designed to help midsize companies create lasting value and growth. Kanbrick […]
HAZEL CREST, Ill.–(BUSINESS WIRE)–#LancoGroup–Lanco International, Inc., parent company of Mi-Jack Products, Inc. of Hazel Crest, Illinois, today announced the sale of its Technical Services International (TSI), Hubert Line and Hubert Rail companies to Remprex, LLC, effective as of the close of business May 31, 2021. Terms of the sale are confidential. Frank Calomino – Executive […]
CUPERTINO, Calif.–(BUSINESS WIRE)–#autonomoustrucks–Plus (formerly Plus.ai), a global provider of self-driving truck technology, announced today that they are partnering with Schmidt Futures-supported Good Machine venture studio on a pilot program to extend the sustainability impact that each company is working towards. Through this pilot, Plus’s automated trucks will help move equipment used for Good Machine’s sustainability […]
Former Renault Group Executive Joins Connected Vehicle Data Company to Lead Automotive and Mobility Business Initiatives MANCHESTER, England & DETROIT–(BUSINESS WIRE)–Wejo, a global leader in connected vehicle data, today announced that Benoit Joly has joined the organization as executive vice president of the Automotive and Mobility business. In this role, Joly is responsible for building […]
Insights reveal consumers’ dependency on last-mile deliveries for critical goods and growing demand for sustainable options DALLAS–(BUSINESS WIRE)–Omnitracs, LLC, a Solera company, today announced the results of its “Delivering on Demand: Consumer 2021 Insights Survey.” The research found that consumers not only increasingly utilized deliveries for critical goods and safety reasons during the pandemic, but […]
Citarella to Support RoadSync’s Transformation of Payments for the Logistics Industry ATLANTA–(BUSINESS WIRE)–RoadSync, an innovative digital financial platform for the logistics industry, announces Paul Citarella as executive vice president, business development and strategy. Experienced with high-growth, profit-oriented companies, Citarella is poised to support RoadSync’s mission of automating the financial systems fueling the $800B logistics industry. […]