Prologis reports solid first quarter, but reels in guidance on COVID-19 headwinds. An uptick in demand is not likely until a vaccine is discovered.
“Without Opendock during the COVID-19 volume surge, it would have been a catastrophic failure,” said Lawrence Dillworth of Owens & Minor, a major medical supplier.
Radio frequency identification has matured in terms of its cost effectiveness and efficiency over the past decade, the company says.
The current $61 billion set-aside for the domestic airline industry left out the forwarders.
Less-than-containerload services offer forwarders and their shippers an alternative to more expensive air freight and full-container transport services, industry experts say.
The Supply Chain Intelligence Center pinpoints trouble spots on the nation’s highways and ports to U.S. humanitarian relief providers responding to the health crisis.
Problem-solving supply chain bottlenecks is the way to build customer loyalty, freight experts say.
Prologis’ update highlights strength of the logistics real estate market entering pandemic. Some clients are asking for rent relief.
The global logistics giant said its Q1 profits among its five business divisions suffered from the coronavirus upheaval.
U.S. logistics real estate operator announces it has reached the 100 million euro cap for its European logistics fund.
Drone use for package deliveries is expected to remain largely grounded by regulatory and infrastructural hurdles during the next few years, according to Frost and Sullivan.
Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.
The Justice Department said joint logistics operations among five American medical supply distributors to provide protective medical gear to virus hot spots does not violate antitrust law.
Bob Costello expects many trucking companies to go out of business before the economy recovers from the recession caused by the coronavirus pandemic.
Roadrunner Transportation Systems announces the sale of another business unit, this time unloading Stagecoach Cartage and Distribution.
Global container carrier sails deeper into North American warehouse and distribution services.
Assistant Commissioner Todd Owen said additional reimbursable services agreements help Customs and Border Protection facilitate commerce during COVID-19 pandemic.
Trailer spotting and shuttle provider Lazer Spot acquires peer PHB Transport.
Cybersecurity & Infrastructure Security Agency issues guidance on critical industries as millions of Americans ordered to stay home.
Americold Realty Trust plans to keep all 183 cold storage facilities “open for business.”
Plus: Former UN Ambassador resigns from Boeing board; Tesla violates SF shelter-in-place rules
Amazon.com, Inc. plans to add 100,000 workers, increase hourly wages and limit items received into its fulfillment centers in response to the coronavirus outbreak.
Apple (NASDAQ: AAPL) announced today that it is closing all its retail stores outside China in response to the COVID-19 (coronavirus) pandemic. The company has about 500 stores globally and […]
The waiver will run through April 12 or the end of the emergency, whichever is first
Federal agency would be following in the steps of several states that have already granted such exceptions.
WorkStep marketplace matches workers and employers as industrial labor market challenges persist
China’s largest ecommerce company, JD.com, not ready to completely quantify coronavirus disruption.
The cloud robotics company announces a new tool allowing customers to program robot movements, without outside assistance.
Recently opened facility will help the regional parcel carrier compete with FedEx and UPS.
Private equity funds have a poor track record in buying asset-based trucking operators.
Private equity funds have a poor track record in buying asset-based trucking operators.
Americold sees “lots of occupancy opportunities” for cold storage moving forward.
Acquisition of California-headquartered Performance Team designed to strengthen the shipping giant’s ability to meet customers’ end-to-end supply chain needs.
Andy Peters provides information about the real estate marketing in the warehouse/distribution center sector.
Data analytics startup ClearMetal pioneers continuous delivery experience (CDX) that enables logistics stakeholders to optimize supply chains and improve customer experience.
The new Impinj R700 reader is designed for enterprise-grade RAIN RFID deployment, processing tags faster and with greater accuracy.
UPS posts largely expected Q4 results as operating gains and nontax and after-tax charges cancel each other on the bottom line.
Food and beverage industry increased share of largest warehouse leasing deals in 2019, CBRE says
Prologis posts solid 2019 results, hikes 2020 guidance
Andy Peters provide details about happenings in the warehousing- distribution center-real estate sector.
Consumer demands and expectations are rising dramatically. Up to 25% of consumers are willing to pay extra for same-day delivery. Some estimate same-day delivery will reach a 25% market share […]
Kayla Matthews writes about best practices to manage fleets during the holidays.
How to best serve largest U.S. consumer market in dense, high-cost region is question for logistics industry.
Locix helps digitize physical spaces and provides real-time visibility to help businesses optimize logistics operations.
GIC, Singapore’s wealth fund, has acquired a Pan-European logistics real estate portfolio that has an accumulated industrial space of over 1 million square meters.
Assembly Bill 5 limits companies from classifying workers as independent contractors rather than employees to save operational expenses.
On Wednesday, global software and mobile robotics provider GreyOrange launched the latest advancement of its fulfillment operating system. GreyOrange leverages artificial intelligence and machine learning to optimize fulfillment operations. According […]
Warehousing employment grew at an 8% CAGR from 2011-8, but slowed to 2.7% this year.
The delay of aircraft components and replacement parts can mean tens of thousands of dollars in losses for airlines waiting to make necessary repairs, which is why so many turn to specialized logistics providers.
The fast growing forwarder Flexport was awarded sixth place in FreightWaves 2020 FreightTech 25 competition.
Losses in Europe are estimated to now be costing businesses billions of euros a year.
Blockchain needs trust to gain trust. A tribute to Paul Volcker
R&D investment delivers top-5 status among FreightTech 25.
California ports already face high energy costs, a situation that is likely to continue as the ports pursue clean air goals.
Prologis expands Chinese footprint with multi billion dollar investments
The hype surrounding zero-emission electric trucks is evolving into real-world results for two major freight haulers. Both Penske Truck Leasing and NFI Industries have crossed 10,000 miles of battery-powered, zero-emissions freight hauling.
An Einride vehicle will ferry goods between warehouses operated by Coca-Cola European Partners and Axfood, one of Sweden’s largest food retailers.
Brian Aoaeh writes about workplace injuries and workplace safety in the ecommerce age…
Warehouses are under pressure to increase product picking efficiency in a time of expedited e-commerce. Automation and robotics can help.
Private equity-backed 3PL said deal comes as demand exceeds capacity in Northeast market.
Expanding truck appointment system and new lanes credited for fast moves as port readies for dredging
Amazon.com’s remarkable evolution has been driven by massive IT investments. Its success earned it the top spot in the FreightTech 25
Vos Logistics has acquired SNEL Shared Logistics, which operates a 65,000 m2 warehouse in close proximity to the major Dutch cities of Amsterdam, Rotterdam, Den Hague and Utrecht.
In a now familiar story, another logistics company – in this case Tiong Nam – reports weaker quarterly results owing to a global trade headwinds. Analysts warn on liquidity pressures.
France-based contract logistics provider ID Logistics Group SA gains access to a U.S. e-commerce platform in its acquisition of Jagged Peak.
Plan, then plan some more as the ability of a 3PL to handle the holidays becomes test for handling the rest of the year.
Storage and Replenishment service allows products to be stored near fulfillment centers to allow faster restocking during the holiday rush.
Cummins Inc. is winding down its centennial anniversary as the trucking industry it serves also slows. But the company has a history of emerging stronger from downturns.
French-based 3PL FM Logistic has unveiled the Ergoskel, an ergoskeleton designed to assist warehouse employees to work around parcels without them taking a toll on their bodies.
Integrated logistics services provider Tasco, a subsidiary of Yusen Logistics and an NYK Group company, has reported flat second quarter revenues and costs but a surge in net profit. Its six month figures don’t look so great though and equities analysts are disappointed.
Prologis signs joint venture with Norwegian investment giant to buy 19 million square foot U.S. portfolio for nearly $2 billion
Rapid advancements in technology continue to impact the transportation management system market. Here are five trends to watch in the year ahead.
Sino-Malaysian services provider Integrated Logistics (trading as Integrated Group) has announced another poor set of financial results. It looks set to deliver its fifth full-year loss in six years.
Among the findings: The serious injury rate in some facilities is double the national average for the warehousing industry, and for every $1 in wages, Amazon workers receive 24 cents in public assistance.
The launch of Washington state’s first homegrown apple variety on Dec. 1 is getting the kind of star treatment typically accorded the release of a major Hollywood movie.
This article is brought to you courtesy of NEXT Trucking The holiday shopping season is well underway even before Black Friday, as stores roll out promotions and shoppers look to […]
Taurus Investment Holdings sells its US logistics warehouse portfolio to Investcorp
“The belief that technological advancements of labor-saving equipment will lead to long-term unemployment is a fallacy that can lead to great harm,” Pronto CEO says.
Price wars in e-grocery delivery hurt everyone; Pooping while u work at Union Pacific; Getting snazzy in delivery bots
Logistics service provider Europa Worldwide is constructing a state-of-the-art logistics facility in Midlands Logistics Park in Corby, England.
Platform Science headlines a list of freight-focused companies honored in the CNBC Upstart 100 list for 2019. Upstart 100 recognizes companies poised for breakouts as major disruptors.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: CBP seizes $8.4 million in marijuana bust; Texas port opens its […]
The housing and construction sectors are showing signs of life, giving truckers a rare hint of optimism for the coming months.
Unit of Australian real estate firm Goodman muscling in to L.A. urban real estate construction market
CEO Andy Marsh talks clean hydrogen, a new push into on-road vehicles – and why China does not figure into the five-year revenue plan.
SCF Marine Inc.’s SEACOR America’s Marine Highway (AMH) unit has seen its business grow rapidly with the boom in U.S. plastic exports.
Moving to a fixed quarterly RFP program with brokers has added consistency, accuracy and reliability to Bumble Bee’s relationship with intermediaries
Saybrook Capital alleges that additional evidence shows how port and longshore union aimed to derail project.
Americold Realty Trust continues to grow its temperature-controlled storage footprint through acquisition. The company looked north of the border for its latest deal.
Traffic volumes emanating from Turkey are robust
In what appears to be a trend, another transport and logistics company has reported a weak overall year-to-date but with a steeper downward dive in the third quarter. Retail logistics specialist LBC Express revealed a small loss in the third quarter of the year against a background of rising revenues.
Lorenzo Shipping took drastic action to begin stemming its losses. But the emphasis is on “begin”. There’s still a long way to go, as Lorenzo is currently on track for a multi-million dollar loss
CBRE sees slowing but still-strong U.S. industrial real estate market
Box-port operator Asian Terminals has seen a massive surge in nine-month revenues and profits but it has also witnessed a downturn in the third quarter of 2019.
Labor advocates say the California law will redress exploitative working conditions at the San Pedro ports.
Farmers and other shippers in Oregon got some good news this week when the South Korea-based container carrier SM Line announced it will bring weekly container shipping service back to […]
Digitization and ecommerce continue to change the movement and delivery of freight. Kayla Matthews examines the issues involved.
The new center at Cologne-Bonn Airport will help meet rising demand for express e-commerce shipments.
Already the largest cold storage warehouse company, Lineage Logistics is reportedly buying Emergent Cold.
The pilot project aims to replace one of two delivery trucks serving a university neighborhood in Portland, Oregon.
