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0 0.000409482758620692 0.00242322198275848 -0.00188577586206897 -0.00255926724137947 -0.00942887931034487 -0.00633081896551723 -0.00969827586206895
Stock impact report

ContainerPort Group expands Southern California dray network with acquisition [Yahoo! Finance]

ArcBest Corporation (ARCB) 
Last arcbest corporation earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: arcb.com/investor-relations
Company Research Source: Yahoo! Finance
Founded in 2018, Long Beach, California-based Dray Alliance provides end-to-end drayage management in the Los Angeles and Long Beach markets. The addition of Dray Alliance expands ContainerPort Group's carrier network and improves its technology platform with enhanced real-time tracking and other automation tools. Financial terms of the transaction were not disclosed. “Dray Alliance has built an incredible platform that aligns with our commitment to innovating and digitizing, while maintaining the reliability and service that our customers know and expect,” said Joey Palmer, president of the company and co-CEO at World Group, in a news release. “By bringing their technology into CPG, we're unlocking new efficiencies and expanding our ability to serve shippers with smarter, tech-enabled solutions.” Shippers and carriers served by Dray Alliance will continue to use the company's platform as ContainerPort Group integrates its customer base. “By combining CPG's scale, reliability Show less Read more
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