Vertical Cold Storage opened a Kansas City multimodal distribution site, the company said Jan. 7.
January 7, 2025Logistics 100 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
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Extras
Vertical Cold Storage Opens Facility in Kansas City
BlueGrace Acquires FreightCenter in Logistics Tech Push
BlueGrace Logistics has acquired online transportation services provider FreightCenter in a move it said will expand its customer base and enhance logistics services.
January 7, 2025Pitt Ohio Buys LTL Carrier Sutton Transport
Pittsburgh-based Pitt Ohio plans to merge Midwest-focused Sutton with its existing Dohrn Transfer LTL unit after an initial period of operating the two separately.
Holiday Online Sales Hit a Record $241 Billion in US
U.S. e-commerce spending rose 9% to a record $241 billion over the holiday period, sparked by widespread discounts, according to data from Adobe.
Ocean Shipping Rates Start 2025 With a Spike
Spot container rates for shipping goods to the U.S. from Asia have spiked over the past month as companies look to avoid higher tariffs and pad their inventories ahead of a threatened port strike.
Dockworkers to Restart Talks With Jobs-for-Automation Offer
A U.S. dockworkers’ union and their employer group will meet in New Jersey on Jan. 7 with just over a week to hammer out a deal on a new labor contract.
Trump Rejects Claims of Scaling Back Tariff Policy
What now seems certain is that Trump — who sees tariffs as a way to rebuild American manufacturing and make other countries hew to his policy priorities — is preparing a major package.
Why 2025 Could Be the Year of the Corporate Spinoff
Shares in companies that are spun off from existing firms tend to outperform the S&P 500 by an average of 10% over the subsequent 18-24 months, data compiled by Trivariate show.
Critical $100M Rail Bridge Opens at Texas-Mexico Border
A key rail route that connects Texas to Mexico has now opened after Canadian Pacific Kansas City unveiled the new Patrick J. Ottensmeyer International Railway Bridge in December.
Health Care Business Becomes $20 Billion Lifeline for UPS
UPS Inc. has been quietly building a health care empire to offset stagnating revenue in its core package delivery business.