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Prologis Sells 13 Industrial Buildings

Distribution center and warehouse operator Prologis Inc. has disclosed the sale of a 2.8 million-square-foot industrial building portfolio for about $118 million to New York real estate investment manager Clarion Partners.

September 8, 2011

MD Logistics Expands With Reno Warehouse

MD Logistics said it has expanded its operations by opening a 55,000 square foot drug distribution center in Reno, Nev.

September 7, 2011

XPO Logistics Acquired by Equity Firm

Third-party logistics company XPO Logistics, formerly known as Express-1 Expedited Solutions, said its acquisition by an equity firm is complete.

September 8, 2011

Weekly Intermodal Traffic Slips 1.3%

Intermodal traffic fell 1.3% for the week ended Saturday from a year ago, led by a decline in trailer traffic, the Association of American Railroads said.

September 9, 2011

July Trailer Orders at 13,200, Down for 4th Month in a Row

Truck fleets ordered 13,200 new commercial trailers during July, a 20% increase over July 2010, but the fourth straight month of declining figures, ACT Research Co. reported.

September 5, 2011

Weekly Intermodal Traffic Dips 0.5%

Intermodal traffic dipped 0.5% for the week ended Saturday, the Association of American Railroads reported.

September 2, 2011

Transplace Names Abernathy President of 3PL, Brokerage Unit

Transplace said it has promoted George Abernathy to the post of president of Transplace Logistics, its third-party logistics, truck brokerage and consulting units.

August 31, 2011

Consumer Confidence Drops in August

Consumer confidence fell in August to its lowest mark since April 2009, the New York-based Conference Board said Tuesday.

August 30, 2011

Consumer Confidence Falls in August

Consumer confidence dropped in August to its lowest level since November 2008, according to the Thomson Reuters/University of Michigan consumer sentiment index released Friday.

August 26, 2011