Merger & Acquisition Insights

Posted on June 14, 2021

Guest Columnist, Bob Malley: Surging eCommerce Delivery Demand is a Mixed Blessing

For Regional and Local Carriers, Surging eCommerce Delivery Demand is a Mixed Blessing Business is booming, but not all deliveries are profitable. Technology may hold the answer. Shippers and carriers have had their work cut out for them lately: 2020 was a blockbuster year for eCommerce sales, which increased more than 44%, sending B2C shipping […]

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Category: Articles

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Posted on March 12, 2021

4 Simple Habits of Highly Effective Acquirers

The number of buyers for transportation and logistics firms is increasing. The supply of available, quality transportation companies to purchase is not. As rising industry expenses pronounce the need for acquisitions, the importance of being an effective acquirer has never been higher. The good news is that being effective doesn’t have to be complicated. In […]

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Category: Articles

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Posted on January 20, 2021

Q&A with Todd Reiser – Excess Auto Market Discussion

Q: What are the biggest challenges for larger transportation firms in today’s excess insurance environment? A: The pricing and availability of excess insurance coverage has been drastically impacted by the large number of adverse verdicts and settlements that have impacted the transportation industry.   Prior to two or three years ago, the industry had grown accustomed […]

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Category: Articles

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Posted on January 19, 2021

Cardinal Logistics, an H.I.G. Capital Portfolio Company, Acquires NRX Logistics. Tenney Group Advises.

Stoughton, MA., Jan 19, 2021 – Cardinal Logistics (“Cardinal”), a portfolio company of H.I.G. Capital (“H.I.G.”), announced the acquisition of NRX Logistics (“NRX” or the “Company”). Founded in 1997 and headquartered in Concord, NC, Cardinal is a leading provider of dedicated transportation and logistics services in North America. Cardinal’s dedicated contract carriage (“DCC”) offering provides fully outsourced solutions […]

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Category: Press Release

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