Monthly Archives: June 2024

TRIVE CAPITAL PARTNERS WITH RPM FREIGHT SYSTEMS

Posted on by

TRIVE CAPITAL PARTNERS WITH RPM FREIGHT SYSTEMS
Trive Capital, the Dallas-based private equity firm, and Bluejay Capital Partners have just announced their recent investment in RPM Freight Systems, LLC,  a leading asset-light finished vehicle logistics (“FVL”) provider.  Founded in 2011, “RPM is a technology-driven, asset-light provider of transportation management solutions to new and used finished vehicle logistics and other specialized freight markets in North America and Europe. The Company is trusted by many of the largest auto OEMs and remarketers to transport vehicles and freight, safely and efficiently, from origin to destination.” Read more…

LOGISTIC CHAINS BRACE FOR US SUPPLY CHAINS STRESS

Posted on by

Resilience of supply chains will be tested as US imports are on course for volumes at a height not seen over the past two years. Even without work stoppages and multitudinous disruptions, logistics providers are preparing themselves for the worst. According to the Global Port Tracker, published by the National Retail Federation and Hackett Associates, “box traffic pouring into US ports will climb to its highest level in two years in the coming weeks, and the authors predict a seven-month run of monthly import volumes north of 2m teu, fuelled by consumer spending and retailers stocking up.” Read more…

MANY TRUCK DRIVERS LOOKING FOR NEW OPPORTUNITIES

Posted on by

A truck driver recruitment advertising agency, in a new survey, has found that 40% of trucker drivers are currently looking for new driving opportunities. In comparison, “that’s a nearly 7% increase compared to the previous fall survey conducted by Conversion Interactive Agency (CIA), in partnership with employee retention agency People. Data. Analytics (PDA).”  Read more…