RPM said the investment from Trive Capital and Bluejay Capital Partners will support plans to enhance its finished vehicle logistics services
CEO and founder Barry Spilman said the support and resources of these two firms should accelerate RPM’s growth trajectory by enhancing its service capabilities and unlocking new opportunities in North America and Europe
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Hödlmayr is building on its established rail service for finished vehicle shipments between Spain and Austria with a new subsiary based in Barcelona
Finished vehicle operations are returning to normal at terminals in Florida following Hurricane Milton but full operational assessments are still being made
The MoU is the latest in a number of alternative strategies carmakers are looking at with logistics providers to secure vehicle shipment capacity
