Latest News
Supply Chain Updates May 20, 2026 Newsletter
China has committed to purchasing $17 billion annually in U.S. agricultural products from 2026 through 2028, signaling a potential rebound in bilateral trade after a sharp decline driven by tariffs.The commitment is expected to boost U.S. farm exports and shift global sourcing dynamics, as China increases purchases from the U.S. at the potential expense…
Supply Chain Updates May 8, 2026 Newsletter
U.S. trade court ruling has blocked the implementation of a proposed 10% global tariff, finding that the measure did not meet the legal criteria under existing trade law.This decision underscores ongoing shifts in the regulatory landscape, as businesses continue to navigate evolving trade policies and legal frameworks.With tariff refunds beginning to roll out, importers may see a near-term boost in cash flow as they manage ongoing global trade cost pressures.While temporary, this…
Supply Chain Updates April 22, 2026 Newsletter
Tariff and Customs Update: U.S. Customs and Border Protection (CBP) has confirmed the rollout of the CAPE (Claims and Processing Enforcement) system following recent proceedings at the U.S. Court of International Trade. Key updates: CAPE is live April 20 (Phase 1 rollout): Importers can now submit claims through the ACE portal for eligible entries. Defined eligibility scope: Phase 1 includes unliquidated entries and those within 80–90 days post-liquidation. System…
Magnate Worldwide Acquires Cargo Logistics Group
Magnate Worldwide is pleased to announce the acquisition of Cargo Logistics Group, a leading custom logistics service provider. CLG will become part of Masterpiece International and expand its footprint, adding a direct presence in the Baltimore and Washington D.C. areas.
Magnate Worldwide Appoints Kristi McFarland As Chief People and Sustainability Officer
Magnate Worldwide today announced the appointment of Kristi McFarland as Chief People & Sustainability Officer. McFarland is an accomplished senior executive with over 25 years of Strategy, Mission, and Culture leadership experience.
Magnate Worldwide Acquires Atlantic-Pacific Express
Magnate Worldwide is pleased to announce the acquisition of Atlantic-Pacific Express, a leading mission-critical logistics service provider, based in Columbia, South Carolina. Atlantic-Pacific’s presence in the Southeast region, industry expertise, and service capabilities enhance Magnate’s existing offering through our ASAP Expediting solutions.
Littlejohn & Co. Becomes Magnate Worldwide’s Majority Shareholder
Magnate Worldwide is pleased to announce that it has been acquired by Littlejohn & Co., a private equity investor with a long track record of successfully building value in middle market companies. Magnate and its business segments will continue to be led by the same senior management team and this transition will be seamless to employees, customers, and vendors.
Magnate Worldwide Acquires ASAP Expediting & Logistics, enhancing TrumpCard’s premier service offering
Magnate Worldwide is pleased to announce the acquisition of ASAP Expediting & Logistics, as a strategic addition to TrumpCard, its premier service provider of heavyweight, time sensitive, and mission critical shipments.
Magnate featured in Transportation & Logistics International
In the five years following its inception, Magnate Worldwide has grown rapidly, both organically and through a strategy of select acquisition. Founded in 2015, the company’s journey began with the purchase of TrumpCard and Masterpiece, and expanded Masterpiece through Somerset Marine, and Domek Logistics.
Magnate Worldwide Acquires Hybrid International Forwarding, Expanding its Masterpiece International Footprint
Magnate Worldwide is pleased to announce the acquisition of Hybrid International Forwarding, a strategic addition to Masterpiece International. The acquisition expands its existing presence in Atlanta, a critical U.S. gateway market, and enhances its service capabilities
Magnate Worldwide is pleased to announce the development of its social responsibility program, Magnate CARES.
Magnate identified social responsibility as a strategic initiative for 2020 and has built a grassroots program through support by the many passionate members of our team who have volunteered their time to grow the program.
Magnate Worldwide Ranks No. 1283 on the 2020 Inc. 5000
“We are delighted to be acknowledged on the 2020 Inc. 5000 list alongside other rapidly-growing, exciting companies,” said Dante Fornari, CEO of Magnate Worldwide, “The past three years have been great for our portfolio of complementary logistics companies, and we look forward to more growth, building upon our strong foundation.”
