Logistics

Oklahoma officials applauded news that Sam’s Club will invest $40 million to open a large distribution center in the state scheduled to open early next year.

Instacart joined chip designer Arm Holdings Ltd. in moving ahead with an initial public offering, adding momentum to a return of high-profile listings.

In recent years, Ashley Furniture Industries has been expanding its own private trucking fleet — both organic­ally and through acquisition — to further bolster its supply chain.

A heavy lift cargo ship delivered four Super Post-Panamax ship-to-shore cranes to the Port of Savannah’s Garden City Terminal.

The Yellow Corp. shutdown is having a downstream effect on the less-than-truckload space as freight volumes flow toward competitors.

Cargo freight volumes in July remain depressed and well below 2022’s record levels, especially at West Coast ports.

Walmart Inc. is planning its longest drone deliveries yet by teaming up with Alphabet Inc.’s Wing unit at two Dallas-area stores.  

President Joe Biden’s visit Aug. 21 to Maui was bolstered by a $3 million Federal Highway Administration emergency grant and tax relief for people and businesses impacted by the wildfires.

A unit of H.I.G. Capital is to acquire third-party logistics provider Ascent Global Logistics for an undisclosed sum, the Miami-based private equity group said Aug. 22.

CAIRO — Two tankers carrying oil products and liquefied natural gas collided in the Suez Canal, briefly disrupting traffic through the global waterway, Egyptian authorities said Aug. 23.