Extras
Logistics News
Government, Business, Logistics, TCA

Developers Revive Cold-Storage Facility Plans in Maine

A hotly anticipated plan for a waterfront cold-storage warehouse is back on the table in Portland, Maine.

Peter McGuire | Portland (Maine) Press Herald
March 6, 2020
Business, Logistics

Sysco Approaches Germany Firm Metro About Takeover

Sysco Corp. has approached German wholesaler Metro AG about a takeover, as the U.S. food distribution giant explores ways to expand in Europe, people with knowledge of the matter said.

March 3, 2020
Business, Logistics

VersaCold Weighs $500 Million Sale Amid Storage Buzz

VersaCold, one of Canada’s largest providers of cold storage, is exploring a potential sale that could fetch $500 million or more, according to people with knowledge of the matter.

Gillian Tan | Bloomberg News
March 3, 2020
Business, Logistics, Top 100

CRST Buys New Jersey-Based Final-Mile Logistics Company NAL Group

CRST International on March 2 announced it had acquired final-mile specialist NAL Group. Financial terms of the agreement were not made public.

Dan Ronan | Senior Reporter
March 3, 2020
Government, Business, Logistics

Bayonne Bridge Expansion Pays Big Dividends for Port of N.Y.-N.J.

Nearly a year after the Port of New York and New Jersey rededicated the raised Bayonne Bridge over the Kill Van Kull tidal strait connecting Bayonne, N.J., with Staten Island, N.Y., officials say the project is paying big economic dividends.

Dan Ronan | Senior Reporter
March 3, 2020
Government, Business, Logistics

Amtrak Names Former Air Cargo Executive as New CEO

Amtrak named a former air cargo executive as its new president and chief operating officer March 2.

March 2, 2020
Government, Business, Logistics

Most Ports See Container Volumes Decline in January

Facing strong headwinds from the lingering effects of the U.S.-China trade war, the slowdown associated with the Chinese New Year, and later the coronavirus, most of the nation’s ports saw container volumes fall in January.

Dan Ronan | Senior Reporter
March 2, 2020
Government, Business, Safety, Logistics

Economists Fear Possible Recession as Coronavirus Spreads

Economists who closely follow the transportation and trucking industry say the next month will be critical as to whether the economy avoids a recession in 2020 as concerns over the spread of the coronavirus mount.

Dan Ronan | Senior Reporter
March 2, 2020
Government, Business, Logistics

Apple’s Tim Cook Sees Minor Supply Chain Changes in Wake of Virus

Apple Inc. Chief Executive Officer Tim Cook suggested the iPhone maker wouldn’t make any quick moves out of China in light of interruptions due to the coronavirus and called the situation a “temporary condition.”

Mark Gurman | Bloomberg News
February 28, 2020
Government, Business, Logistics, TCA

Alabama Warehouse Expected to Increase Use of Inland Port, Reduce Truck Traffic

A new 30,375-square-foot storage warehouse at the Mallard-Fox Creek Port facility in Decatur, Ala., is expected to increase the use of the port and ease truck traffic on area highways, officials said.

Marian Accardi | The Decatur (Ala.) Daily
February 28, 2020
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