While China slams the brakes on buying trophy properties and the retail apocalypse draws nigh, something less sexy but striking is going on in real estate.
March 28, 2018Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Warehouses Are Now Worth More Than Offices, Thanks to Amazon
$127 Million Savannah Port Rail Hub Expected to Take 200,000 Trucks Off State’s Freeways
On March 27, the Georgia Ports Authority held a ceremonial groundbreaking for the $126.7 million Mason Mega Rail Terminal, a sprawling rail yard GPA Executive Director Griff Lynch said will provide better connections to the main CSX and Norfolk Southern rail networks as well as provide direct access to coveted Midwestern cities such as St. Louis and Chicago.
FedEx Cancels Indiana Shipping Hub Project, Citing Increased Automation at Other Facilities
Two months after crediting Republican tax cuts with fueling new investment in Indianapolis, FedEx has canceled a plan to build a large new project in Greenwood, Ind.
‘Flying Whale’ Blimp That Never Lands Joins Global Cargo Airship Race
France has entered the global race to develop a viable cargo airship with a 500-foot blimp designed to lift lumber from deep woodland.
March 27, 2018Mnuchin ‘Hopeful’ Truce Can Be Reached With China on Trade
Treasury Secretary Steven Mnuchin said he’s optimistic the U.S. can reach an agreement with China that will avert the need for President Donald Trump to impose tariffs on at least $50 billion of goods from the country.
Focus at MATS Turns to Technology, Driver Recruiting
LOUISVILLE, Ky. — The proliferation of technology for small carriers and a heavy focus on driver recruitment were among the leading themes of the 2018 Mid-America Trucking Show, which went off with minimal disruption despite a major snowstorm prior to the annual event.
China Hits Back at Trump With Planned Tariffs on $3 Billion of US Imports
China announced plans for reciprocal tariffs on $3 billion of imports from the U.S., including products from steel to pork, after President Donald Trump’s move to order levies on a range of Chinese goods sent markets plunging.
March 23, 2018DHL Launches Same-Day Delivery for E-commerce Merchants
DHL eCommerce launched a same-day and next-day delivery service for online retailers that is targeted to compete with Amazon, FedEx Corp., UPS Inc., and the U.S. Postal Service.
March 23, 2018Higher Trucking Costs Eat Into General Mills' Profit
Three months ago, General Mills executives believed the company was on the verge of simultaneous sales and profit growth for the first time in years. Instead, higher trucking and other costs suddenly ate into profit.
Amazon Is Looking for Larger Whole Foods Stores to Support Delivery Plans
Less than a year after closing its acquisition of Whole Foods, Amazon.com Inc. is looking for fresh ways to expand its brick-and-mortar retail network while bolstering the online shopping business.