Red Arts Capital makes another acquisition in the supply chain, adding contract packaging provider Coregistics to its portfolio.
Real estate logistics provider Prologis set a net-zero emissions target for 2040 along with other targets in its environmental, social and governance report.
Lineage Logistics will go directly to consumers as it beefs up its warehousing capabilities.
Logistics warehouse operators Prologis and Duke Realty have come to terms in a $26 billion deal.
Maersk said it can provide end-to-end supply chain solutions with its ships calling its APM Terminals Elizabeth, followed by clearance through Maersk Customs Services and finally storage, fulfillment distribution and inland transportation through Performance Team.
The company expands its Atlanta site to 20,000 cubic feet and doubles on-hand inventory to 1 million items.
Temperature-controlled warehouse operator Lineage Logistics and Bay Grove acquire supply chain visibility platform Turvo for an undisclosed amount.
Executives from Cherre and Faropoint, two firms that analyze industrial real estate data, break down what to look for in a warehouse.
Baird analyst Garrett Holland says HG Vora’s offer to acquire Ryder System doesn’t fairly value a projected increase in earnings.
Prologis’ research arm released several data points Wednesday pointing to prolonged tightness in warehouse markets.
Logistics real estate investment trust Prologis makes a $24 billion all-stock offer for competitor Duke Realty.
The aging of warehouse stock makes life difficult for tenants.
Universal Logistics saw improvement across all of its asset-light segments during the first quarter. Its updated guidance may prove conservative.
The monthly BLS report on employment showed that truck transportation jobs were up sharply in April after an unexpected decline in March.
The company will pursue smaller rivals that lack scale to meet increasingly demanding requirements, GXO’s CFO says.
Echo Global Logistics announced its first acquisition since being taken private last year. It signed an agreement to acquire temperature-controlled services provider Roadtex Transportation.
Revenue seen growing by 11% to 15%, up from 8% to 12%; CEO sees growth across all verticals.
Capacity tightness was fueled by a massive demand spike along the I-55 corridor.
Transportation capacity grew for the first time since May 2020, according to a monthly supply chain survey.
Craig Fuller explains the impact of higher diesel prices on the U.S. economy and consumers.
Amazon has lifted its long-standing policy of restricting warehouse employees from using their cellphones on the job.
CEO Brad Wright explains how Chunker’s short-term container storage model reduces risk for shippers.
FreightWaves founder and CEO Craig Fuller writes about the impact of Chinese lockdowns on global supply chains and the U.S. trucking industry.
Finding skilled associates for your distribution center is challenging, so why not leave it to the professionals?
Logistics real estate operator Prologis beat first-quarter estimates and raised its outlook for the year. The company sees no near-term loosening in warehousing markets.
Logistics real estate heavyweight Prologis beat first-quarter expectations and raised full-year 2022 guidance on Tuesday.
Operators have endless options when choosing a warehouse robot — but how can they pick the right one?
Rising costs prompt Amazon to impose its first-ever fuel and inflation surcharge on sellers.
Lineage Logistics has acquired Canadian cold chain provider VersaCold, adding 24 facilities to its network.
Got bots? How about a robot with that subscription?
Amazon has historically been a prolific union crusher, but it may be facing its biggest test yet at facilities in New York and Alabama.
Amazon Labor Union pulls off a stunning victory in New York; a ratification vote in Alabama remains in limbo.
The decline in truck transportation jobs is the first in almost two years, but it comes after upward revisions in the two prior months.
More inventory requires more space. Real estate services firm JLL sees space in short supply alongside heightened rents through 2023.
Old Dominion said Tuesday it has already added capacity at seven locations in its network. The recent expansions trend ahead of its 2022 guidance, which called for growth at eight to 10 terminals.
Reports link Prologis as a suitor of Blackstone’s last-mile network in Europe.
Cold storage operator Lineage Logistics announced the acquisition of MTC Logistics and its four facilities Thursday.
A report from logistics real estate operator Prologis downplays the number of office buildings that can be repurposed to industrial use.
The cost of truck transportation, measured in the PPI, continues to climb.
Growing e-commerce demand is likely to require higher inventories for timely fulfillment. That means a congested supply chain could become the new norm.
Contract logistics giant GXO announced Monday it has officially made a bid for Clipper Logistics.
Contract logistics giant GXO sees numerous growth opportunities for years to come.
Management from cold storage warehouse operator Americold addresses concerns about decelerating trends and a soft 2022 outlook.
GXO Logistics announced it has worked out the details of a $1.3 billion acquisition of Clipper Logistics.
Truckload rates have plateaued and may head down in the second half, Miller says. There is more runway for LTL increases, however.
One-year agreement will allow for at least 20,000 boxes to be stored off-site, state says.
Tight warehouse supply t o last through 2024, Bjorsen says.
Logistics real estate owner and operator Prologis Inc. announced the retirement of its CFO effective April 1.
A Thursday report from logistics real estate investment trust Prologis shows market rents grew at the fastest pace recorded during 2021.
Warehouse demand begins to ripple through the so-called tertiary real estate markets.
Michigan State’s Miller says the figures are undercutting any argument that the transportation industry is having trouble attracting adequate workers.
The LTL carrier has ambitious plans for growing its footprint over the next two years.
The seasonally adjusted jobs number for truck transportation has now been more than the previous high level for two consecutive months.
Capacity must expand by 15% just to keep up with normal inventory levels and build resilient operations, the company’s research arm says.
RLS Logistics builds out its national cold storage network with two acquisitions.
Bottlenecks and a lack of transportation capacity led many retailers to order extra merchandise in the fall. Inventories are now piling up at points along the supply chain for some companies because they still can’t find the transportation to move the goods, a supply chain survey finds.
The move underscores the REIT titan’s commitment to logistics warehousing.
The DHL unit is the first commercial customer of Boston Dynamics’ Stretch robots.
Chicago leads all markets, while Greenville-Spartanburg makes the top 10 list for the first time.
David Weil would have a key role in determining the federal definition of an independent contractor.
Prologis provided better-than-expected 2022 guidance on Wednesday, citing the expectation that demand will continue to outpace logistics real estate additions during the year.
Logistics real estate investment trust Prologis issued 2022 guidance ahead of expectations on Wednesday.
The market set records across the board in 2021, with all-time vacancy lows expected to be set by the end of the first quarter, Colliers says.
An NLRB judge appears mostly critical of the trucking company’s behavior but ruled in its favor on the key legal question.
The December report closes out a year with a gain of more than 44,000 jobs in truck transportation.
The REIT has raised $6 billion in the past two years.
December supply chain numbers again show “significant expansion.” The Logistics Managers’ Index report questions whether retailers ordered too much for the holidays.
The unit of the financial services titan becomes a big player in U.S. logistics real estate.
Gatego’s platform has an interface for both shippers and carriers that allows both parties to keep track of check-ins and yard inventory across multiple yards.
RLS Logistics continues to roll up the cold storage market, adding one family operator at a time.
Growth throughout the supply chain accelerated in November with costs reaching all-time highs, according to the Logistics Managers’ Index.
Desperate occupiers undeterred by “sticker shock” will lease first and ask questions later, a CBRE report says.
If the rise in truck transportation costs between September and October continued for 12 months, it would translate to an increase of more than 40%.
Small facilities are seeing big jumps in demand as e-commerce puts urban logistics in the spotlight, a JLL report says.
The union that failed to organize workers at Amazon’s Bessemer, Alabama, warehouse will get a second bite at the apple, it said.
Blackstone’s logistics real estate unit boosted its U.S. portfolio to 440 million square feet.
Air and ocean asset-light logistics provider STG has acquired International Warehouse Services.
CalTrans is boosting the weight limit for port truckers. The regulatory change was made with good intentions, but can it work?
Warehouse and third-party logistics operator Warehouse Services Inc. has acquired Total Logistics Inc.
Boehler is terminated without cause; George Chappelle is named interim CEO.
An October supply chain survey shows transportation capacity falling at a faster pace while freight rates keep stepping higher.
Available space at the country’s most important warehousing complex drops to unimaginable levels.
Moghadam said the company will need to increase its facility footprint at the same pace.
Used vehicle sales at the company were strong again.
The end of the supply chain as we know it? Not even close, an economist believes.
Barbara Melvin will succeed Jim Newsome at the helm of South Carolina Ports next summer and will become the first woman to lead a top-10 U.S. container port.
Online growth, higher inventory levels are trends that will likely last, Moghadam says.
With business booming, the logistics warehouse titan reports better-than-expected results and raises full-year estimates.
The Bureau of Labor Statistics reported that distribution and logistics employment from 2019 to 2022 is expected to grow almost 30%.
The company is so new that there isn’t any earnings history to discuss yet, but that will change in a few weeks.
With upward adjustments in July and August figures, the gains recorded in September were already coming from a higher base than what earlier had been recorded.
Transportation capacity continues to contract at a record pace with rates climbing to historical levels, according to the September Logistics Managers’ Index.
Shot in the dark, but a $5,000 timeout for $230,000 in pay withheld from workers making as little as $3.38 an hour could prove a suboptimal deterrent.
Temperature-controlled warehouse operator RLS Logistics adds another regional partner as it builds out a national footprint.
Opponents of the legislation were particularly focused on a law known as PAGA.
Industrial warehouse operator Prologis Inc. said Thursday it was expanding a training program aimed at bringing 25,000 new workers to the logistics industry.
MacGregor Partners will double in size over the next couple years, pushing its value to the $50 million mark.
The supply chain continues to be stretched as the peak shipping season bears down. Capacity declines further while rates soar, according to an August survey.
One major concern for the opposition is a possible explosion of lawsuits under the state’s PAGA provision.
Dale Young of World Distribution Services talks to FreightWaves’ Andrew Cox about how the company is responding to meet the warehousing demands of shippers as they contend with unprecedented demand alongside disruptions and congestion in the supply chain.
