Logistics

Covering Logistics, Forwarders, Warehousing, NVOCC, Transportation Intermediaries

Logistics

AJOT Newsroom | August 09, 2022

SEKO Logistics acquires leading 3PL, Pixior, LLC

SEKO Logistics (SEKO), the leader in global end-to-end logistics solutions, today announced the acquisition of Pixior, LLC. (Pixior), a leading 3PL and fulfillment services provider based in Commerce, CA.

Small business software shakes up logistics industry

AJOT Newsroom | August 08, 2022 | Logistics | Shipping Technology

UPS to acquire multinational healthcare logistics provider Bomi Group

AJOT Newsroom | August 08, 2022 | Logistics

Acquisition will enhance end-to-end global healthcare logistics capabilities and expand scale and expertise in Europe and Latin America

Performance Team – a Maersk Company announces new cold chain facility in Charleston, South Carolina

AJOT Newsroom | August 08, 2022 | Logistics | Integrators | Ports & Terminals

Investment will add more capacity to improve cold chain efficiency and enhance supply chain competitiveness.

TT Club announces new CFO appointment

AJOT Newsroom | August 08, 2022 | Logistics

With effect from 1 August 2022, EeLain Ong has taken over as Chief Financial Officer (CFO) of international freight transport and logistics insurer TT Club. Appointed in April 2022, Ong has shadowed the outgoing CFO Julian Chowdhury in his position for the intervening months prior to his retirement.

Frampton Construction completes transload facility for TradePort Logistics

AJOT Newsroom | August 08, 2022 | Logistics

Frampton Construction Company, LLC, a full-service construction firm providing planning and design support, preconstruction, and construction services, has completed the construction of a new 130-door, 89,000-square-foot transload facility for TradePort Logistics.

Robots now paying the bills for freight forwarders

Vector.ai | August 08, 2022 | Logistics | Shipping Technology

Logistics

Bloomberg | August 05, 2022

Seaspan Parent Gets $3.6 Billion Offer From Fairfax, Sokol

Atlas Corp., the holding company that controls shipping firm Seaspan, said it received an offer from a shareholder group that includes former Berkshire Hathaway Inc. executive David Sokol and Canadian investment group Fairfax Financial Holdings Ltd.

Logistics

AJOT Newsroom | August 05, 2022

XPO Logistics announces leadership succession plan

Mario Harik has been appointed president, North American less-than-truckload, and will succeed Brad Jacobs as XPO’s chief executive officer once the spin-off is complete

XPO Logistics releases Q2 2022 results

AJOT Newsroom | August 05, 2022 | Logistics | By The Numbers

Stonemont expands Florida footprint with new industrial park in Fort Myers

AJOT Newsroom | August 05, 2022 | Logistics

Energy

Bloomberg | August 04, 2022

The electrification of transport is happening in odd and interesting places

A yard truck does only one thing. Its electric version does that one thing more cheaply and without emissions.

Parade integrates with Fork Freight’s freight marketplace

Parade | August 04, 2022 | Logistics | Shipping Technology

TrueCar offers dealers across the U.S. vehicle delivery

ACERTUS | August 04, 2022 | Logistics

Hubtex MaxX 2022: flexible transport in narrow aisles

AJOT Newsroom | August 03, 2022 | Logistics

With the MaxX from Hubtex, the operator can steer smoothly in all directions thanks to the joystick, making the warehouse so much easier to manoeuvre.

Numina Group continues double digit growth trajectory in 2022 in response to continuing high demand for warehouse automation solutions

AJOT Newsroom | August 02, 2022 | Logistics | Shipping Technology

Square Mile Capital originates loans totaling $106MM to facilitate acquisitions of Central Florida logistics facilities

AJOT Newsroom | August 02, 2022 | Logistics

Square Mile Capital Management LLC (“Square Mile Capital”) today announced that it has originated two loans totaling $106 million to finance the acquisition of CenterState Logistics, a 1.0 million rsf cross-docked distribution facility located in Lakeland, FL, and Lakeside Logistics, a 505,000 rsf cross-docked distribution facility located in Plant City, FL. The loans were made to a leading real assets investment management firm.

Port City Logistics will invest $16 million in new Wilmington facility

AJOT Newsroom | August 02, 2022 | Logistics | Ports & Terminals

UPS is most valuable logistics brand in the world

• UPS retains position as most valuable logistics brand; brand value up by 28% to US$38.5 billion • Delivery Hero and Just Eat Takeaway are the fastest growing brands since the beginning of the pandemic • Railway companies BSNF and Canadian National lose brand value • New entrant JD Logistics innovates in supply chain sector with ESG focus

CargoBarn adds top talent; Vekasi joins as VP Sales

CargoBarn | August 02, 2022 | Logistics

CargoBarn, the home of worry-free freight logistics, has strengthened its executive team, adding experienced freight sales and operations specialist Michael Vekasi. Vekasi joins the technology-driven freight brokerage as CargoBarn’s Vice President, Sales.

Logistics

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