Blackstone Group Inc. has acquired more than 1 billion square feet of logistics space since 2010 as part of the firm’s global bet that the rise of e-commerce is driving demand for final-mile real estate.
September 30, 2019Logistics News
For the commercial transportation business, moving things from point A to point B is job one. This coverage explores all of those movements at a global level and focuses on everything from global trade, ocean shipping, and port activity to intermodal business, rail operations and the greater supply chain.
Blackstone Extending Warehouse Bet in $5.9 Billion Deal
Geotab Launches Torque Labs to Support Startups
Geotab announced the launch of Torque Labs, which is intended to accelerate the internet of things industry by providing funds and access to other resources for startups developing innovative technologies for transportation and smart cities.
September 30, 2019Sherwood, Fr8Hub to Move Loads From Laredo, Texas
Sherwood Food Distributors announced it selected Fr8Hub to help move loads out of Laredo, Texas.
September 30, 2019FourKites Focuses Free Service on Appointments
FourKites introduced a free, cloud-based service called Appointment Manager designed to help facilities, carriers and 3PLs create, manage and collaborate efficiently on appointments at pickup and receiving locations.
September 30, 2019Ryder Launches National Customer Support Center, Anchorage Site
Ryder System Inc. has launched a nationwide rollout of Ryder Assist Now, its single-source customer support center.
September 27, 2019Supply Chain Hall of Fame to Open in Arkansas Next Year
The Council of Supply Chain Management Professionals will build its new Supply Chain Hall of Fame in Rogers, Ark., the organization’s board of directors said.
September 27, 2019Tesla Surges on Musk Seeing Shot at 100,000-Delivery Quarter
Tesla Inc. shares climbed the most since June after Elon Musk said in an email to employees that the carmaker has a chance to top the vehicle-delivery record it set in the second quarter.
September 26, 2019Walmart Receives Outside Interest in JetBlack Unit
Walmart Inc. is weighing the future of JetBlack, a pet project of its online chief that was the first business to emerge from its internal incubation arm.
September 26, 2019ATA’s Costello Optimistic About Trucking Industry Economy, With One Exception
WASHINGTON — The spot market is suffering a decline in activity this year, but contract business and the promise of improving trade negotiations between the United States and China are helping to keep the freight market on steady ground, said the chief economist of American Trucking Associations.
September 26, 2019Embark to Open Transfer Hubs to Shift Freight to Self-Driving Trucks
Self-driving trucking startup Embark Trucks announced it will open two transfer hubs to switch freight to its automated trucks.
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