NOTED: Supply Chain Highlights

Milestones

• The Port of Long Beach purchased a 13-story, 226,748-square-foot office building near its Civic Center to create a hub for maritime trade businesses. The property will also host workforce training and the Port’s internal Port U career development program.

• Southeastern Freight Lines’ Albany, Georgia service center marks 50 years of operation. It has grown from 20 dock doors and 18 associates when it opened in 1976 to 44 dock doors and 37 associates today.

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UP THE CHAIN

← Patrick Moebel, former president of FedEx Logistics, was named CEO of CEVA Logistics. Outgoing CEO Mathieu Friedberg (pictured) moved to executive vice president, transformation, at parent CMA CGM Group, where he oversees AI, IT, and cybersecurity initiatives.

• Nate Gesse was named CEO of Quantix, a chemical industry supply chain services company. He succeeds John Labrie, who came out of retirement in 2024 to steer the company through a financial restructuring before transitioning to senior advisor to the board.

→ Britta Weber, former vice president of UPS Healthcare for Europe and Asia, has taken over as CEO of Hupac Group, a Switzerland-based intermodal rail network operator. Weber plans to rebuild rail’s market share and expand Hupac’s European terminal network.

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GOOD WORKS

← After earthquakes struck Venezuela in June 2026, DHL deployed its Disaster Response Team and operated three humanitarian flights from Panama City to Caracas, delivering approximately 100 tons of relief supplies. More than 65 employee volunteers across five countries helped sort and palletize the donations.

↑ Miami-based logistics provider WTDC became the official warehousing partner for Catholic Charities of the Archdiocese of Miami, handling humanitarian aid shipments to Cuba.

→ Avianca Cargo and DSV flew 58 tons of medical supplies, food, and hygiene products from Miami to Caracas in response to Venezuela’s June earthquakes, coordinating with multiple disaster relief agencies and nonprofits.

• Twenty Keller Trucking drivers are now trained to carry naloxone, a drug that reverses opioid overdoses. The initiative is part of Hope Hits the Highway, a national awareness campaign between Facing Fentanyl and the ATA’s Trucking Cares Foundation.

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SEALED DEALS

↑ tk accelis Supply Chain Solutions signed a 10-year agreement to manage steel bar supply for SKF’s manufacturing operations in France and the United Kingdom. The company’s Global Control Tower platform combines materials sourcing, inventory optimization, and digital supply chain visibility.

↑ Ribbonwire Ranch, a Texas organic beef producer, partnered with Davinci Micro Fulfillment to handle its direct-to-consumer ecommerce orders from a Dallas micro warehouse. The arrangement cut order processing time in half.

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RECOGNITION

↑ Averitt was named Chevron’s LTL Carrier of the Year, recognizing the carrier’s service performance and customer partnerships. The award adds to a run of recent honors, including top rankings in Mastio & Company’s annual shipper survey.

• Raymond Corporation’s lithium battery line was named Material Handling Innovation of the Year by the SupplyTech Breakthrough Awards. The line supports long run times and rapid charging in demanding environments without battery swaps.

↑ Dayton Freight Lines was named the first recipient of Home Depot’s Regional LTL Carrier of the Year award. Home Depot recognized the company for its on-time performance. The honor coincides with Dayton’s 45th year in business.

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INVESTMENTS

↑ Terminal, a Toronto-based company that built a unified API connecting to more than 330 commercial vehicle telematics providers, raised $20 million in a Series A led by Battery Ventures. Insurers, fleet operators, and logistics companies use the platform to access normalized vehicle data without building individual integrations.

• Freehand, a San Francisco company that uses AI agents to automate supply chain and procurement workflows for Fortune 500 enterprises, raised $75 million co-led by Battery Ventures and NewRoad Capital Partners. The company’s customers include Meta, Johnson & Johnson, and Unilever.

• Tinicum, a private investment partnership, made a strategic investment in GracoRoberts, the largest specialty chemicals distributor serving the global aerospace and defense market.

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M&A

↑ Comau acquired Invent Smart Intralogistics Solutions, a Brazilian warehouse automation company. The purchase adds to Comau’s existing Automha subsidiary, giving the combined group end-to-end intralogistics coverage across manufacturing, warehousing, and distribution.

• Descartes acquired Drivin, a Latin American last-mile delivery management platform, for $30 million upfront plus up to $5 million in earn-out payments. Drivin serves distributors, retailers, and logistics providers in high-density urban markets.

• CMA CGM acquired FedEx Supply Chain for $1.4 billion, a deal that nearly triples CEVA Logistics’ North American contract logistics operations and brings the combined entity to roughly 150 warehouses and 20,000 employees across more than 240 U.S. locations.

• American Industrial Partners completed its acquisition of Honeywell’s warehouse automation businesses, Intelligrated and Transnorm, combining them with its existing platform, Trew, under one organization. The combined company generated more than $1 billion in revenue in 2025 and employs 3,700 people worldwide.

• GrubMarket acquired SPUD, a Vancouver-based online grocery service that works with more than 800 local farmers and operates three distribution centers in British Columbia and Alberta. The deal expands GrubMarket’s B2C reach in Western Canada.

• QuickBox Fulfillment and Motivational Fulfillment and Logistics Services have merged. The combined company serves multichannel and high-growth brands with direct-to-consumer and B2B fulfillment, retail compliance, kitting, subscription box programs, and returns management.

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