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Freight broker Fura announces 5th acquisition [Yahoo! Finance]
Last arcbest corporation earnings: 1/30 04:05 pm
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US:NASDAQ Investor Relations: arcb.com/investor-relations
Financial terms of the transaction were not provided. Founded in 1997, Bandera, Texas-based Barton Logistics specializes in full truckload, less-than-truckload, expedited, intermodal and other 3PL services. The deal adds multiple “long-standing shipper partnerships” to Fura's network. Frisco, Texas-based Fura is primarily focused on full truckload (dry van, refrigerated and flatbed) transportation. It has more than 550 customers and 16,000 carriers on its platform, which executes over 5,000 shipments per month. The 3PL is actively rolling up small and midsize brokers lacking access to modern automation and pricing tools. “We believe the future of logistics will be built by combining great operators with great technology,” said Fura CEO Jeff Dangelo in a news release. Dangelo said Fura's giving “experienced operators the tools, automation, and scale they need to grow faster.” Barton Logistics will begin operating on Fura's technology platform, which offers AI-enabled carrier s
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- Q4 Earnings Outperformers: ArcBest (NASDAQ:ARCB) And The Rest Of The Ground Transportation Stocks [Yahoo! Finance][Yahoo! Finance]
- ArcBest (ARCB) Valuation Check After Recent Pullback And Conflicting Fair Value Signals [Yahoo! Finance][Yahoo! Finance]
- ArcBest Corporation: Price Rally Has Already Reached Its Best, Time To Pause (Rating Downgrade) [Seeking Alpha][Seeking Alpha]
- ArcBest awaiting LTL demand inflection [Yahoo! Finance][Yahoo! Finance]
- ArcBest (ARCB) had its price target raised by Citigroup Inc. from $105.00 to $107.00. They now have a "buy" rating on the stock.[MarketBeat]
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