Lineage acquires Burris Logistics’ cold storage, e-commerce sites

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Lineage Logistics, a real estate investment trust that specializes in temperature-controlled...

https://www.freightwaves.com/news/lineage-acquires-burris-logistics-cold-storage-e-commerce-sites

Burris Logistics adquiere un proveedor de cadena de frío en su última operación 

Refrigerated trailers at a warehouse

Honor Foods anunció el lunes la ampliación de su red de distribución de servicios alimentarios en el oeste de Estados Unidos mediante una adquisición. La empresa matriz de la compañía, Burris Logistics, adquirió R.W. Zant, con sede en Los Ángeles, que se especializa en el almacenamiento y la distribución de carnes y proteínas. 

La transacción se cerró el martes. Los términos financieros no fueron revelados. 

Zant se especializa principalmente en la redistribución de proteínas y marcas de...

https://www.freightwaves.com/news/burris-logistics-adquiere-un-proveedor-de-cadena-de-frio-en-su-ultima-operacion

Burris Logistics acquires cold chain provider in latest deal

Refrigerated trailers at a warehouse

Honor Foods announced Monday the expansion of its food service distribution network in the western United States through acquisition. The company’s parent, Burris Logistics, acquired Los Angeles-based R.W. Zant, which specializes in the storage and distribution of meats and proteins.

The transaction reportedly closed Tuesday. Financial terms were not disclosed.

Zant primarily specializes in the redistribution of proteins and dairy brands to food service and retail distributors. Zant’s customer...

https://www.freightwaves.com/news/burris-logistics-acquires-cold-chain-provider-in-latest-deal

Who wants to own a trucking company? Retailers are starting to line up

Retailers looking to buy trucking assets

BJ’s Wholesale Clubs. American Eagle Outfitters. Ashley Furniture. They are among a growing trend of retailers buying up transportation and logistics assets.

Over the last four decades, trucking capacity was generally plentiful and retailers were more than happy to outsource it, explained  Gary Petty, president of the National Private Truck Council (NPTC). Freight rates were low and there was no shortage of “bottom-feeder carriers” willing to haul items cheaply. 

“Companies could pick and choose...

https://www.freightwaves.com/news/supply-chain-crisis-drives-more-retailers-to-buy-logistics-and-trucking-firms

BJ’s latest retailer to secure its own capacity, acquiring assets from Burris Logistics

In what is quickly becoming a growing trend, another major retailer is acquiring a transportation provider to help secure its supply chain.

BJ’s Wholesale Club announced it is acquiring four refrigerated distribution centers and the related private fleet of longtime transportation partner Burris Logistics.

Terms of the deal were not disclosed. The transaction is expected to close in the second quarter.

“For more than 20 years, we have enjoyed a true partnership with the Burris Logistics team as we...

https://www.freightwaves.com/news/bjs-latest-retailer-to-secure-its-own-capacity-acquiring-assets-from-burris-logistics

Trinity Logistics expands territory with Team Eagle Logistics acquisition

Trinity Logistics adds Western brokerage office

Third-party logistics provider Trinity Logistics announced Monday it has acquired Team Eagle Logistics. Financial terms of the transaction were not disclosed but a press release said that Team Eagle Logistics, an Arizona-based broker, has grown annual revenue to $53 million since it was founded in 2014.

The deal brings Trinity its seventh regional office and expands its footprint in the West.

Delaware-based Trinity is regarded as a top-20 brokerage. It provides truckload, less-than-truckload,...

https://www.freightwaves.com/news/trinity-logistics-expands-territory-with-team-eagle-logistics-acquisition