GrubMarket

Borderlands: Lectra sees more manufacturers leave Asia for the Americas

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Lectra sees more manufacturers leave Asia for the Americas; steel wire maker opens $22M logistics hub in South Texas; GrubMarket acquires Pharr, Texas-based London Fruit; and chemical logistics provider to open distribution facility in Arizona.

Lectra sees more manufacturers leave Asia for the Americas

As more global manufacturers seek to cut costs and risks in their...

https://www.freightwaves.com/news/borderlands-lectra-sees-more-manufacturers-leave-asia-for-the-americas

Borderlands: Texas highway expansion ‘boon’ for trade economy

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: A Texas highway expansion is a “boon” for the trade economy; a Texas port announces plans for a regional logistics hub; GrubMarket acquires an Arizona produce supplier; and a Japanese auto supplier opens a plant in Ramos Arizpe.

Texas highway expansion a ‘boon’ for trade economy

President Joe Biden signed a bill into law Tuesday that includes federal highway designation...

https://www.freightwaves.com/news/texas-highway-expansion-boon-for-trade-economy

GrubMarket secures mouthwatering $200 million Series E raise

Food technology unicorn GrubMarket secures $200 million Series E funding to fix broken food supply chains

Tyson Foods was right –– food supply chains are breaking. In many grocery stores, the shelves are as bare as they were during the early pandemic stockpiling frenzy. At the same time, world food prices hit a 10-year high in October, according to the Food and Agriculture Organization’s food price index.

The problems within the food supply chain extend from sourcing to delivery and everywhere in between, resulting in shortages and price hikes that are impacting millions of Americans that rely on...

https://www.freightwaves.com/news/grubmarket-secures-mouthwatering-200-million-series-e-raise

GrubMarket makes yet another acquisition, but this one is different

GrubMarket acquires Oakwood Transportation to expand food supply chain through logistics and trucking capability

Thirty. That’s the number of acquisitions food tech unicorn GrubMarket has completed since the beginning of 2019, and the company is only picking up the pace. One-third of those acquisitions have taken place since June of this year, an incredible number that’s growing larger by the month.

That includes this month, when GrubMarket announced its 31st acquisition since 2019, buying Oakwood Transportation for an undisclosed amount. At first glance, the purchase might seem like just another addition...

https://www.freightwaves.com/news/grubmarket-makes-yet-another-acquisition-but-this-one-is-different

Borderlands: Supply chain woes halt more automakers

Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Supply chain issues halt more automakers; GrubMarket acquires Texas produce wholesaler; WDSrx opens pharmaceutical warehouses in Texas, Nevada; and Peak-Ryzex announces partnership with distributor, logistics firm.

Supply chain issues halt more automakers

A shortage of semiconductor chips has turned the global automotive industry upside down over the last several months.

https://s29755.pcdn.co/news/borderlands-supply-chain-woes-halt-more-automakers

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