Topic
north carolina
Business Quad-C backs fast-growing North Carolina transport group with investment
Private equity firm Quad-C has made a strategic investment in Armstrong Transport Group, a non-asset-based third-party logistics provider headquartered in Charlotte, North Carolina. The partnership provides capital to accelerate organic growth and acquisitions, with Armstrong's leadership retaining significant ownership. The company, on pace to exceed $2 billion in annual revenue, operates a nationwide agent network and offers cross-border logistics services.
Logistics North Carolina Trucking Group Investigates Wave of Unexpected FMCSA Safety Audits Following SafeSpect Glitch
A glitch in FMCSA's SafeSpect platform misidentified long-established trucking companies as new entrants, triggering safety audit notifications. The North Carolina Trucking Association is investigating and has alerted carriers. At least 400 carriers in North Carolina were added to the audit queue overnight, and the issue may extend beyond the state.