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Logistics News
Business, Logistics

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
Business, Logistics

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
Business, Logistics, Equipment

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
Business, Logistics

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
Business, Logistics

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
Business, Government, Logistics

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
Business, Logistics

Companies Partner on Route-Fleet Software

C2Logix Inc. and CD SRVS said they are combining their products to offer a single offering for route optimization and fleet communication.

August 29, 2011
Business, Logistics

Roadrunner Agrees to Purchase Logistics Firm for $97.5 Million

Bidding to broaden its market reach, less-than-truckload hauler Roadrunner Transportation Systems Inc. has agreed to acquire Prime Logistics Corp., a food logistics firm that operates as Prime Distribution Services Inc., for about $97.5 million.

August 29, 2011
Business, Government, Logistics

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
Business, Logistics

TMSi Logistics Buys Griffin Global

TMSi Logistics, Portsmouth, N.H., said it has acquired Reno, Nev.-based Griffin Global Logistics Inc. for an undisclosed sum.

August 26, 2011
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