Amazon Plans to Put 1,000 Warehouses in Suburban Neighborhoods
The facilities, which will eventually number about 1,500, will bring products closer to customers, making shopping online about as fast as a quick run to the store.
Amazon’s Boler Davis in Mix to Become First Black Logistics Chief
When Alicia Boler Davis was elevated to Jeff Bezos’ vaunted S-Team leadership council earlier this month, she became the first Black executive to enter Amazon .com Inc.’s upper ranks — and a candidate to run the company’s far-flung logistics empire.
Ryder Steps in as Amazon Restricts Third-Party Sellers
Ryder System Inc. is positioning itself to fill a major void left by Amazon.com Inc. after the online retail giant announced it will restrict warehouse space for third-party sellers.
Odyssey Logistics & Technology Acquires RPM Consolidated Services
Odyssey Logistics & Technology Corp. acquired full-service logistics and warehousing provider RPM Consolidated Services Inc., the Danbury, Conn.-based company announced Jan. 30.
January 31, 2020Blackstone Nears Deal to Invest in Warehousing in India
Blackstone Group Inc. has agreed to buy a stake in the warehousing unit of India’s Allcargo Logistics Ltd. for $54 million (3.8 billion rupees) as the U.S. firm seeks to capture the demand in the world’s fastest growing e-commerce market.
Perspective: New Year, New Logistics Efficiencies
As the year comes to a close, it’s a natural time for companies to look at what worked in 2019 and what didn’t, and make plans for the year ahead. For some companies, taking a hard look at their order fulfillment workflow — and ways it might be streamlined in 2020 — is a New Year’s resolution to consider.
Prologis to Buy Liberty Property in $9.7 Billion Stock Deal
Prologis Inc., one of the world’s largest warehouse owners, has agreed to buy Liberty Property Trust in an all-stock transaction valued at $9.7 billion, extending its reach in markets such as Chicago, Houston and Southern California.
Retailers, Logistics Firms Establish Warehouses Closer to Cities
Retailers and logistics firms are establishing warehouses closer to large urban centers to keep up with rising consumer demand for faster delivery of products ordered online, industry experts said.
Blackstone Extending Warehouse Bet in $5.9 Billion Deal
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.
Amazon Opens Oklahoma Fulfillment Center
Amazon’s newest facility, in Oklahoma City, received its first package Aug. 25. The Amazon fulfillment center is the first of its kind in Oklahoma. It functions as a hub for storage and delivery of products shipped through Amazon and works in conjunction with existing Amazon delivery and sortation centers in the metro area.