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In December 2005, First Atlantic sold Ranpak to American Capital Strategies Ltd., [18] which in turn sold Ranpak Corp to Odyssey Investment Partners in 2007. [19] Rhone Group acquired the company in 2014. [20] In 2019, a group led by One Madison Group and its founder, Omar Asali, purchased Ranpak from Rhone Group for $950 million. [21]
The North Carolina Global TransPark (GTP) is a 2,500 acre, multi-modal industrial/airport site in Eastern North Carolina. As an agency of the State of North Carolina, the GTP is considered a key engine for driving the economy of Eastern North Carolina. The park offers access to multi-modal transportation options: air, rail, highways, and North ...
A Durham, North Carolina-based logistics company filed for Chapter 11 bankruptcy reorganization on June 13. C. Brent Smith, owner of Crystal Transportation Services of NC, doing business as ...
In March 2022, XPO sold its North American intermodal business to Illinois-based STG Logistics for $710 million. [33] [22] In March 2023, XPO appointed J. Wes Frye, a retired industry veteran, to its board of directors. [34] In April 2023, XPO announced the hire of Dave Bates as chief operating officer of North American LTL. [35]
In 1957, Old Dominion extended its operations to most major markets in North Carolina and southern Virginia. Five years later, in 1962, the company relocated its headquarters to High Point, North Carolina and merged with Bottoms-Fiske trucking company. [20] [7] Between 1969 and 1979, the company acquired several competing trucking lines.
Lineage, Inc. (formerly Lineage Logistics) is the world's largest temperature-controlled warehouse real estate investment trust (REIT), owned by Bay Grove, LLC. [ 3 ] [ 4 ] [ 5 ] Entering international markets in 2017, Lineage grew into the world's largest refrigerated warehousing company with a capacity exceeding 3 billion cubic feet and ...
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