A new joint venture between alternative investment firm Arcapita Group Holdings and Arden Group plans to acquire $2 billion worth of industrial property assets in the U.S. as capital pours into niche real estate sectors amid the global pandemic.
November 1, 2021Logistics 50 | Freight Brokerage | Dry Storage Warehousing | Refrigerated Warehousing | Dedicated | Ocean Freight | Airfreight
Top Refrigerated Firms
No rankings are available for this year.
Extras
On the Bubble
New Arcapita Venture to Invest $2 Billion in US Warehouses
Vertical Cold Storage Acquires Liberty Cold Storage
Vertical Cold Storage announced it is acquiring Liberty Cold Storage from West Liberty Foods. Terms of the transaction are not public.
November 1, 2021West Coast Ports, Dockworkers Face 2022 Clash Amid Port Snarls
With a near-record 75 containerships waiting outside the U.S.’s largest port complex in Southern California, unionized dockworkers have strengthened their indispensable role in the supply chain.
J.B. Hunt Adds Digital Freight Matching Within SAP ERP
J.B. Hunt Transportation Services announced Oct. 27 that its freight-matching solutions will now be available to businesses using the enterprise resource planning software SAP ERP.
November 1, 2021Manufacturing Growth in US Eases as Supply Chain Issues Linger
Persistent supply chain challenges continued to weigh on U.S. manufacturers in October, lengthening supplier delivery times and bloating a measure of inventories.
Cargo Transporters Announces Pay, PTO Increases for Drivers
Cargo Transporters instituted its third, and largest, driver pay and compensation increase for 2021, the carrier announced Oct. 27.
October 29, 2021Werner Reports Revenue, Earnings Growth for Q3
Werner Enterprises achieved record third-quarter earnings per share despite supply chain and labor woes, the company reported Oct. 28.
Lineage Adds Automated Facility in Virginia
Lineage Logistics announced the opening of its fully automated facility located adjacent to the Port of Virginia’s Virginia International Gateway in Portsmouth, which offers an integrated network of highways, air, rail and sea services.
October 29, 2021Amazon Stake in Rivian Disclosed as 20%
Amazon .com Inc. owns a 20% stake in electric vehicle maker Rivian Automotive Inc., the startup with which it has placed an order for 100,000 battery-powered delivery vans, the e-commerce giant disclosed Oct. 29 in a securities filing.
Amazon’s Holiday-Quarter Sales Forecast Suggests Pandemic Boom Is Over
Amazon .com Inc. gave a forecast for holiday sales that fell short of analysts’ estimates, signaling the pandemic’s boost to online shopping continues to fade.