This acquisition adds significant scale to the company’s UPS Healthcare unit, with temperature-controlled facilities in 14 countries, as well as 3,000 new employees throughout Europe…
Posts published in “News, Logistics, 3PL, Transportation, Warehouse, Warehouse/DC,”
Under the terms of the deal, the all-stock transaction, which Prologis said is valued at approximately $23 billion and was approved by Prologis and Duke…
Commerce reported that May retail sales—at $672.9 billion—were down 0.3% compared to April, while seeing an 8.1% annual gain. NRF said that in its calculation…
Lineage officials said that this acquisition is an extension of the companies’ long-standing partnership, which includes a previous investment in Turvo by Lineage Ventures and…
More than 137.9 million square-feet (MSF) of industrial product was leased, a new 2021 high, according to Data recently issued by Los Angeles-based industrial real…
The reading for the report’s key indicator—the Services PMI (formerly the Non-Manufacturing PMI)—came in at 61.9 (a reading of 50 or higher indicates growth is…
This service will provide project work, surging inventory, and forward inventory services, according to company officials, adding that it will help its shipper customers to…
The report’s key metric, the PMI, came in at 55.4 (a reading of 50 or higher indicates growth), which was nearly even with August’s 56.0…
As more consumers continue to opt to buy goods online, as opposed to venturing out to retail store locations and shopping malls, amid the ongoing…
The report’s key metric—the PMI—at 41.5 (a reading of 50 or higher indicates growth)—declined 7.6% from March’s 41.5, falling for the second straight month, which…
In a new research report, entitled “Industrial Development Slows Due to COVID-19-Related Delays,” CBRE found that 80%—or 16 out of 20—of the top U.S. markets…
Research recently issued by Los Angeles-based industrial real estate firm CBRE pointed to warehouses smaller than 120,000 square-feet, which it refers to as “light-industrial” properties,…
DHL Supply Chain, a subsidiary of Deutsche Post DHL Group, formally announced a $100 million capital outlay to build a Dorchester, County South Carolina-based distribution…
On the heels of a slight gain from October to November on the heels of two mild sequential declines, manufacturing output for the month of…