Seacoast Capital invests $20M in regional delivery provider LSO
The regional parcel delivery carrier becomes the private equity firm’s 10th “logistics and infrastructure services” investment.
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The regional parcel delivery carrier becomes the private equity firm’s 10th “logistics and infrastructure services” investment.
Borderlands: Forager expands with Mexico hires 548 4 minutes read Forager recently hired nine new employees across Mexico, including Ciudad Juarez, across the US-Mexico border from El Paso, Texas. Pictured is the Ysleta Port of Entry connecting Juarez to El Paso. (Photo: CBP) Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Forager expands with Mexico hires; Moova expands into Mexican market; WeDo Logistics acquires Lone Star Overnight; and Mexican carrier acquires 160 Kenworth tractors. Forager expa...
Press release content from Newswire. The AP news staff was not involved in its creation. Lone Star Overnight (LSO) Sold to WeDo Logistics February 9, 2021 GMT AUSTIN, Texas - February 9, 2021 - ( Newswire.com ) WeDo Logistics closed the asset purchase of LSO on Nov. 24, 2020. Terms of the transaction were not disclosed. This acquisition highlights the continued strong investment interest within the six primary regional parcel delivery companies that together deliver to the vast majority of the US population. “Over the last year, LSO experienced over 135% revenue growth with nearly...