Skip to content
Search AI Powered
Human content, AI powered search.

Latest Stories

Ruan acquires National Truck Brokers, Inc.

Regional dedicated carrier will operate as an independent member of the Ruan family of companies.

Screen Shot 2022-10-28 at 4.48.02 PM.png
Supply Chain Quarterly Staff
By Supply Chain Quarterly StaffOct 28, 2022
Supply Chain Quarterly Staff
See Full Bio

Transportation and logistics company Ruan has acquired National Truck Brokers, Inc. (NTB), a dedicated carrier based in Grand Rapids, Mich., the companies said today. Terms of the deal were not disclosed.

The acquisition joins two long-time family-owned businesses. NTB was founded in 1974 by Dan Koster and has grown to include a fleet of more than 235 trucks hauling for grocery customers in Michigan, Indiana, Illinois, Iowa, Ohio, Kentucky, and Wisconsin. Ruan is an Iowa-based, third-generation, family-run business that employs 5,000 people in more than 300 operations nationwide. NTB will operate as a separate, independent member of the Ruan family of companies, maintaining its name and brand, leadership structure, and facility locations, according to Ruan.

“Growth through acquisition has been relatively uncommon at Ruan, but we have done so selectively when there’s a true, strategic fit and the opportunity to sustain and strengthen relationships with important customers. We’ve found these positive elements at NTB,” Ruan’s Chief Executive Officer Ben McLean, said in a press release.

Over the next several months, NTB’s entire fleet of trucks will be replaced by late-model Freightliner units as an enhancement for NTB’s driving team members, according to the press release.
ArticleTransportation
ruannational truck brokers, inc.
ArticleTransportation
ruannational truck brokers, inc.

Recent

Three men stand at a small table with a black tablecloth signing a document.
Article

CSCMP forms academic partnership with Polish university

Survey: In-store shopping sentiment up 21%
Featured

Survey: In-store shopping sentiment up 21%

NOAA weather map of hurricane helene
Transportation

Florida braces for impact of Hurricane Helene

containers at the port of new orleans
Transportation

Dock strike: Shippers seek ways to minimize the damage

More Stories

map of hurricane track forecast

Helene threatens Florida as storm nears hurricane strength

Residents and businesses along the Florida panhandle today are keeping a close eye on Tropical Storm Helene, which is forecasted to strengthen into a major hurricane by the time it strikes the northeast Gulf Coast on Thursday.

Hurricane and storm surge watches are already in effect for that area, which could see heavy rain and flash flooding across portions of Florida, the Southeast U.S., Southern Appalachians, and the Tennessee Valley, according to predictions from the National Hurricane Center.

Keep ReadingShow less

Featured

Deutsche Bahn to sell DB Schenker to DSV
Featured

Deutsche Bahn to sell DB Schenker to DSV

strip of RFID tags
Blog

Key technical considerations for RFID item tagging of nonapparel products

september import forecast NRF chart

Ports see import rush as dockworker strike looms

Container imports at U.S. ports are seeing another busy month as retailers and manufacturers hustle to get their orders into the country ahead of a potential labor strike that could stop operations at East Coast and Gulf Coast ports as soon as October 1.

Less than two weeks from now, the existing contract between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance covering East and Gulf Coast ports is set to expire. With negotiations hung up on issues like wages and automation, the ILA has threatened to put its 85,000 members on strike if a new contract is not reached by then, prompting business groups like the National Retail Federation (NRF) to call for both sides to reach an agreement.

Keep ReadingShow less
containers stacked on ship

CIG: Container ship fires could be reduced by better data

A coalition of freight transport and cargo handling organizations is calling on countries to honor their existing resolutions to report the results of national container inspection programs, and for the International Maritime Organization (IMO) to publish those results.

Those two steps would help improve safety in the carriage of goods by sea, according to the Cargo Integrity Group (CIG), which is a is a partnership of industry associations seeking to raise awareness and greater uptake of the IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units (2014) – often referred to as CTU Code.

Keep ReadingShow less
retail workers fulfilling orders

NRF: Retail sales continued to grow in August

Retail sales continued to grow in August, fueled by rising wages amid falling inflation, according to a National Retail Federation (NRF) analysis of U.S. Census Bureau data released yesterday.

By the numbers, overall retail sales in August were up 0.1% seasonally adjusted month over month and up 2.1% unadjusted year over year. That compared with increases of 1.1% month over month and 2.9% year over year in July.

Keep ReadingShow less
undersea fiberoptic cable

U.S., U.K., and Australia boost supply chain defenses

The U.S., U.K., and Australia will strengthen supply chain resiliency by sharing data and taking joint actions under the terms of a pact signed last week, the three nations said.

The agreement creates a “Supply Chain Resilience Cooperation Group” designed to build resilience in priority supply chains and to enhance the members’ mutual ability to identify and address risks, threats, and disruptions, according to the U.K.’s Department for Business and Trade.

Keep ReadingShow less
Copyright ©2024.