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Author: Rose

An ex-director of a trucking school was convicted for his role in defrauding the VA of $4.1 million

By RoseIn businessPosted November 11, 2021

On Monday, the former director of a California truck driving school was sentenced to 15 months in federal prison for defrauding the United States Department of Veterans Affairs (VA) of more than $4 million. Judge Stephen V. Wilson of the United States District Court for the Northern District of California...

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Flock Freight, a shared freight company, has reached unicorn status with its Series D financing

By RoseIn businessPosted November 10, 2021

Flock Freight, a digital logistics company, announced on Wednesday that it had raised $215 million in Series D funding led by SoftBank Vision Fund 2 with new investors Susquehanna Private Equity Investments LLLP and Eden Global Partners, as well as existing investors SignalFire, GLP Capital Partners, and GV, formerly Google...

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Following the purchase of Choptank, Hub Group sees a substantial cross-selling opportunity

By RoseIn businessPosted November 9, 2021

Geoff Turner started Choptank Transport Inc. in 2000 to assist farmers and food enterprises on Maryland's Eastern Shore with the transportation of time- and temperature-sensitive produce to market. Those efforts paid off two decades later when Choptank was purchased by one of the country's leading transportation corporations. Hub Group Inc....

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