Inside Logistics

Done Deals: August 14, 2020

Contracts, mergers, acquisitions and big deals in the supply chain sector this week


August 14, 2020
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Day & Ross has opened a distribution centre in Cincinnati, Ohio, for its Dedicated services in the U.S. More than 175 employees, dock workers and drivers will be based out of this 100,000 square foot facility. This facility will serve newly awarded dedicated volume and will provide a footprint for expansion in the region.

Fastfrate Group has acquired cross-border carrier Bestway Cartage Limited and Bestway Global Limited, effective August 1st, 2020. Bestway has been serving Ontario and the USA since 1976 and over the years have established a strong presence in key U.S. markets. The development of this purchase began approximately two years ago.

Drone Delivery Canada Corp. will provide the Georgina Island First Nation with a defined delivery flight route between GIFN’s mainland site and Georgina Island utilizing the Sparrow drone and its DroneSpot takeoff and landing zones as well as additional drone flight infrastructure as required. GIFN will use DDC’s Sparrow drone solution to limit person-to-person contact on its island ferry service by transporting COVID-19 related cargo such as personal protection equipment (PPE), hygiene kits, test kits, test swabs, etc. The term of the contract lasts six months.

Geek+, a maker of autonomous mobile robots (AMRs) has landed its first South American project, providing smart logistics solutions to Walmart Chile, the largest supermarket chain in the country with 345 stores. Geek+ Goods-to-Person Picking System uses P-series warehouse robots to eliminate excess walking by picking workers, improve picking accuracy, and reduce labour demand. The AI-driven system manages the robots’ tasks, order optimization and picking, inventory management, dynamic wave optimization, and adjusts inventory layouts for efficiency.

The spin-off of Roadrunner Transportation Systems, Inc.’s  Ascent Global Logistics business has been completed. The spin-off creates two independent companies: Roadrunner Transportation Systems, Inc. – a national less-than-truckload (LTL) carrier – and Ascent Global Logistics, Inc. – a diversified global logistics provider.

– August 14, 2020