Alanco Technologies, Inc., Scottsdale, Ariz., said it completed the sale of StarTrak Systems, LLC to ORBCOMM Inc. for approximately $18.3 million, comprised of cash, ORBCOMM securities, and assumed debt, with a potential additional earn-out of $1.2 million. StarTrak Systems, Morris Plains, N.J., supplies tracking, monitoring and control services to the refrigerated or “Reefer” segment of the transportation marketplace. Officials say ORBCOMM, Fort Lee, N.J., is a leading global satellite data communications company, focused on machine-to-machine (M2M) communications.
Weber Logistics, Santa Fe Springs, Calif., said it expanded its multi-temp distribution center in Stockton, Calif. Officials say Weber added 155,000 square feet to its location for a total of 208,000 square feet with more than 12,000 racked positions. Weber says the facility is divided into temperature-controlled and dry storage and offers LTL, truckload, storage and value-added services such as order processing, label generation, inventory control, routing guide compliance, and pick & pack. This includes distribution for all of Northern California, as well as Nevada ranging from Fresno to Redding and San Francisco to Reno. Weber is servicing food, confectionary, beverage, CPG and retail companies from its Stockton facility.
Separately, Weber Logistics said it hired Robert Clay as director of operations, Inland Empire West, effective immediately. Clay most recently worked for Maersk Distribution as general manager.