Redwood acquires Rockfarm Supply Chain Solutions

Network AssociationBehind the Wheel
Written By Jennifer Joslyn

🤝 Redwood acquires Rockfarm Supply Chain Solutions.

Redwood Logistics has acquired Rockfarm Supply Chain Solutions and Global Distribution and Logistics, expanding its geographic reach and customer base. Rockfarm, based in Dubuque, Iowa, strengthens Redwood's presence in the Upper Midwest and Northern Plains, adding international freight forwarding, trade compliance, and customs brokerage capabilities to Redwood's portfolio. The acquisition enhances Redwood's "modern 4PL" services, which focus on supply chain management and logistics orchestration. The combined entity will manage a total freight volume of $5.5 billion between Redwood's 3PL and 4PL services. Rockfarm will initially operate as a separate entity, with its key leadership and management teams becoming Redwood employees.

Read more from Freight Waves ▶

Featured
China and Russia Strengthen Supply Chain Ties Amid U.S. Warnings
China and Russia Strengthen Supply Chain Ties Amid U.S. Warnings

China and Russia recently committed to maintaining stability in their industrial supply chains.

FedEx's Potential Profit Boost is From Rethinking the Postal Partnership
FedEx's Potential Profit Boost is From Rethinking the Postal Partnership

FedEx might actually benefit from losing its colossal contract with the U.S. Postal Service, according to Brandon Oglenski, an analyst at Barclays Bank.

J.B. Hunt's Strategic Deal with Walmart is a Boost in Intermodal Assets
J.B. Hunt's Strategic Deal with Walmart is a Boost in Intermodal Assets

J.B. Hunt Transport Services has struck a long-term deal with Walmart, snagging their intermodal assets and committing to volume and capacity provisions.

Walmart Acquiring Vizio to Boost Advertising Business
Walmart Acquiring Vizio to Boost Advertising Business

Walmart has announced its acquisition of TV maker Vizio for $2.3 billion in cash, aiming to bolster its profitable advertising business.

Lotte Global Logistics and CoEvolution Forge Strategic Automation Partnership
Lotte Global Logistics and CoEvolution Forge Strategic Automation Partnership

South Korea's Lotte Global Logistics has entered into a strategic partnership with CoEvolution, a Chinese specialist in automated control platforms.

Former US and South Korean Officials Discuss the Need for Western-led Trade Pacts in Asia
Former US and South Korean Officials Discuss the Need for Western-led Trade Pacts in Asia

During a panel discussion, former officials from the US and South Korea debated the necessity of having both the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Indo-Pacific Economic Framework (IPEF) in the Asia-Pacific region.

Amazon Offers Delivery Partnership to Main Street Businesses
Amazon Offers Delivery Partnership to Main Street Businesses

Amazon is seeking to recruit 2,500 small businesses across 23 states in the US to participate in its "Amazon Hub Delivery" program, aiming to enhance package delivery capabilities.

US Xpress Executives Assume New Positions within Knight-Swift
US Xpress Executives Assume New Positions within Knight-Swift

US Xpress executives have assumed new roles within Knight-Swift Transportation Holdings after the acquisition.

Sennder and Poste Italiane Renew $2.5 Billion Joint Venture
Sennder and Poste Italiane Renew $2.5 Billion Joint Venture

Sennder, the German digital freight forwarder, has announced the renewal of its joint venture with Poste Italiane, Italy's postal operator.

Demand Shaping Strategies Extend from B2C to B2B
Demand Shaping Strategies Extend from B2C to B2B

The adoption of demand sensing and shaping techniques, previously prevalent in the B2C sector, is now making its way into the B2B landscape, according to Sujit Singh, COO of Arkieva.

Wages for Part-Time Employees Cause Stalemate in UPS-Teamsters Contract Negotiations
Wages for Part-Time Employees Cause Stalemate in UPS-Teamsters Contract Negotiations

The ongoing contract negotiations between UPS and the International Brotherhood of Teamsters have reached an impasse primarily due to differing proposals regarding part-time employee wages.

AD Ports Group Expands Global Footprint with $720 Million Acquisition of Spanish Logistics Leader
AD Ports Group Expands Global Footprint with $720 Million Acquisition of Spanish Logistics Leader

Abu Dhabi-based AD Ports Group has successfully acquired Noatum, a leading provider of integrated logistics services operating in 26 countries worldwide.

Volvo Cars Partners with Maersk's ECO Delivery Ocean Solution to Cut Greenhouse Gas Footprint
Volvo Cars Partners with Maersk's ECO Delivery Ocean Solution to Cut Greenhouse Gas Footprint

Swedish car manufacturer Volvo Cars have partnered with Maersk to decrease its global greenhouse gas (GHG) emissions from seaborne logistics.

Michigan and Daimler Collaborate on the 'Truck Stop of the Future’
Michigan and Daimler Collaborate on the 'Truck Stop of the Future’

Daimler Trucks and the state of Michigan are joining forces to create "The Truck Stop of the Future," a charging hub for commercial electric vehicles (EVs).

CSX and CPKC Railroads to Enhance Southeast Traffic with Network Connection Investment
CSX and CPKC Railroads to Enhance Southeast Traffic with Network Connection Investment

CSX and CPKC railroads have announced a partnership to strengthen a currently underutilized connection between their networks in the southeastern region of the United States.

Canadian Pacific Kansas City (CPKC) and CSX Corp. Acquire Rail Assets from Genesee & Wyoming
Canadian Pacific Kansas City (CPKC) and CSX Corp. Acquire Rail Assets from Genesee & Wyoming

Canadian Pacific Kansas City (CPKC) and CSX Corp. have reached an agreement to purchase additional rail assets, creating a direct interchange connection between CPKC and CSX in Alabama.

The implications of Tesla's charging partnerships with Ford and GM for the electric vehicle industry
The implications of Tesla's charging partnerships with Ford and GM for the electric vehicle industry

Ford Motor, General Motors, and Tesla have made significant strides in revolutionizing the electric vehicle (EV) charging infrastructure in North America.

GM's electric vehicles to tap into Tesla's expansive charging network
GM's electric vehicles to tap into Tesla's expansive charging network

General Motors (GM) has announced that its electric vehicles (EVs) will be able to use Tesla's extensive charging network starting in early 2024.

DBFOM public-private partnerships benefit all parties involved: drivers, states, and transportation contractors
DBFOM public-private partnerships benefit all parties involved: drivers, states, and transportation contractors

Long-term public-private partnerships (P3) for transportation infrastructure are not widespread in the United States compared to other regions.

Collaboration Between Rivian EVs and Amazon Delivers 75 Million Packages and Counting
Collaboration Between Rivian EVs and Amazon Delivers 75 Million Packages and Counting

Over the past year, Amazon has added more than 3,000 electric vans to Rivian's fleet, enabling carbon-conscious delivery to over 500 cities and regions across the US.

GM partners with New York-based chip manufacturer GlobalFoundries
GM partners with New York-based chip manufacturer GlobalFoundries

This partnership will expand the automaker’s growing electric vehicle supply chain network with an exclusive contract.

CPChem is embracing digital transformation with Seeq
CPChem is embracing digital transformation with Seeq

Chevron Phillips Chemical (CPChem) is a leading global petrochemical company that produces a wide range of chemical products. CPChem recently chose to incorporate Seeq - an analytics platform - to assist the company to create a common framework for its operation sites.

Schnuck Markets & DoorDash partnership promises quicker delivery
Schnuck Markets & DoorDash partnership promises quicker delivery

According to a Monday join press release, Schnuck Markets and DoorDash have expanded their partnership to guarantee deliveries for their customers in as little as thirty minutes.

Jennifer Joslyn
Previous

Progress Made in Ending Canadian Port Strike, Final Agreement Expected
Next

Hallmark Strengthens Distribution Network with Second Liberty Facility