Logistics

For the trucking and logistics industry, the challenges of COVID-19 vaccine distribution are just beginning. Hundreds of millions of doses will need to be shipped around the world and in the United States, and the process is just now getting underway.

Warehouses are the hottest corner of commercial real estate — maybe too hot.

Governors should assess their capacity for transportation and address logistical issues as early as possible as they brace for COVID-19 vaccine distribution, according to the National Governors Association.

The Minnesota Department of Transportation recently awarded $61 million for projects meant to improve the state’s freight transportation network.

Shares of unprofitable food delivery platform DoorDash Inc. surged 86% in their trading debut Dec. 9, in the latest sign of investor exuberance in what already has been a record year for IPOs.

Two of the country’s largest freight firms reassured federal lawmakers of their preparedness in helping to deliver COVID-19 vaccines as early as this month.

UPS Inc. said it has the capacity to handle the rollout of coronavirus vaccines and an unprecedented holiday package rush this month after investments in automation, tracking technology and dry-ice production.

Sites that for decades housed AM radio towers today command top dollar as e-commerce fuels rising demand for new warehouses and logistics centers.

Transportation Secretary Elaine Chao credited stakeholders for helping regulators propel the industry forward through a challenging 2020.

Penske Truck Leasing launched a program that lets carriers sell their old trucks so they can lease a new one, the company announced Dec. 7.