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News
FitzMark’s latest broker acquisition adds trade show logistics capabilities
1+ week, 4+ day ago (215+ words) Founded in 1998, Aurora, Colorado-based UTS is a full-service 3PL focused on the retail and hospitality industries. It provides dry van, refrigerated, flatbed and specialty truckload transportation as well as packaging, warehousing and white-glove delivery services. Financial terms of the transaction were…...
Private equity group rolls up 3 small firms for courier network
1+ week, 5+ day ago (381+ words) Private equity firm Trident Management appears to be an early mover in bolting together small courier businesses onto a platform that can offer shippers greater regional density and reach as an alternative to large, legacy parcel carriers. Trident-backed Priority Courier…...
Walmart fast delivery helps fuel 24% growth in e-commerce sales
3+ week, 3+ day ago (502+ words) Walmart on Thursday credited continued momentum in e-commerce and fast delivery with helping to drive 5.9% revenue growth during the second quarter, highlighting speed as a feature that attracts more online sales. The retail giant’s global e-commerce sales increased 23%, year over…...