Logistics

Covering Logistics, Forwarders, Warehousing, NVOCC, Transportation Intermediaries

Pouch technology and data: the future of optimizing reverse logistics

AJOT Newsroom | February 07, 2023 | Logistics

The cost of handling returns can have an enormous effect on a logistics facility’s bottom line. Unless action is taken the problem can only get worse as omnichannel shopping becomes increasingly prevalent and the rate of returns continues to rise. Any returns that simply languish on shelves are a drain on the bottom line as they take up valuable space, do not bring a financial return and can easily depreciate in value. So what can be done?

Frampton Construction completes work on Greenville’s Upstate Trade Center

AJOT Newsroom | February 07, 2023 | Logistics

Frampton Construction Company, LLC, a full-service construction firm providing planning and design support, preconstruction, and construction services, has finished work on a new 907,400-square-foot speculative industrial development in Greenville, South Carolina.

Asendia and Omniva sign a strategic partnership

AJOT Newsroom | February 07, 2023 | Logistics

Asendia, the joint venture between La Poste and Swiss Post, and Omniva, the Estonian National Postal Operator, have signed a strategic partnership that will help e-tailers expand their sales into established and emerging markets and cover Asendia whole range of e-PAQ services.

Scan Global Logistics partners with CVC to further accelerate international growth

AJOT Newsroom | February 06, 2023 | Logistics

Scan Global Logistics (SGL), headquartered in Denmark, announces that CVC Capital Partners Fund VIII (CVC) has agreed to acquire a majority shareholding in the company from an investor group led by AEA Investors Small Business Private Equity (AEA).

Global Critical Logistics acquires automobile logistics specialist CARS

AJOT Newsroom | February 06, 2023 | Logistics

The leading global logistics group for live events, fine art, classic & high-value automobiles, film, television, broadcast, sports and motor sports industries continues to grow its portfolio of specialist services.

Davies Turner makes the most of EU procedures to minimize the impact of Brexit

AJOT Newsroom | February 06, 2023 | Logistics

French shipping tycoon ramps up M&A hunt with eye on Bollore arm

Bloomberg | February 06, 2023 | Logistics | Maritime | Liner Shipping

French shipping tycoon Rodolphe Saade is ramping up his hunt for acquisitions, with an eye on fellow billionaire Vincent Bollore’s logistics arm as a way to take a greater slice of global trade flows.

Elevation Land Co. and a real estate fund advised by Crow Holdings Capital launching new 1.8 MSF industrial project in San Diego

AJOT Newsroom | February 06, 2023 | Logistics

• Cushman & Wakefield hired for Project Leasing for new spec industrial development in Otay Mesa • Otay Business Park is one of Southern California’s largest new Class A distribution developments

Online retailer Das Kostümland deploys Descartes’ ecommerce warehouse management solution to strengthen peak season fulfillment

AJOT Newsroom | February 06, 2023 | Logistics | Supply Chain | Shipping Technology

DHL and Cainiao join forces in Poland: initial investment of EUR 60 million to build the largest out-of-home delivery network

AJOT Newsroom | February 06, 2023 | Logistics

• Partnership addresses the growth potential of the Polish out-of-home delivery market, which has already tripled in the last three years • Cooperation will significantly increase network density and create an unmatched online shopping experience for customers of both partners

CVC nears deal to acquire logistics firm Scan Global

Bloomberg | February 05, 2023 | Logistics

CVC Capital Partners is nearing a deal to acquire Danish transport company Scan Global Logistics, people familiar with the matter said.

CMA CGM becomes Official Partner of the Paris 2024 Olympic and Paralympic Games

AJOT Newsroom | February 03, 2023 | Logistics

Freightify secures $12M funding round to power digital transformation for freight forwarders globally

AJOT Newsroom | February 02, 2023 | Logistics | Shipping Technology

Freightify is providing freight forwarders enhanced capabilities to procure, manage and quote Freight prices instantly. Customer numbers and revenues tripled in the last 12 months.

WARP closes first operational year with a total of $8.1M in funding to enable the future of commerce through tech connected supply chain

WARP | February 02, 2023 | Logistics | Shipping Technology

Today WARP, a tech-powered freight network specializing in middle-mile solutions, announced an additional $5.7M in funding to bring its total to $8.1M for its first operational year, 2022.

nuVizz recognized in Gartner 2022 Market Guide for last-mile delivery technology

nuVizz | February 02, 2023 | Logistics | Shipping Technology

Graycor completes three Class A industrial buildings at 64-acre Gilbert Spectrum

Graycor Construction Company | February 02, 2023 | Logistics

On behalf of developers GID and SunCap Property Group, Graycor Construction Company has delivered Gilbert Spectrum Buildings 9, 10 and 11, three new Class A buildings in Gilbert, AZ -- already 93% leased by Lee & Associates.

Lödige Industries automates multi-storey logistics properties

AJOT Newsroom | February 01, 2023 | Logistics

As available space for storage and distribution is scarce and therefore expensive, the trend towards multi-storey buildings is increasing. A new module from Lödige Industries allows both automated guided vehicles (AGVs) and autonomous mobile robots (AMRs) to interact with different lift systems to move up to 20 tonnes total weight vertically. Goods and freight lifts are thus intelligently networked with autonomous transport vehicles, enabling automated material transport across multiple floors.

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