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Plus, a Chicago-based freight broker boasts about making $215k in one day, Lineage Logistics hits it big with an $18 billion IPO, the latest on the Ocean's 11-style freight heist, and more.
Lineage, the cold chain logistics leader, plans a massive $3.85 billion IPO, offering 47 million shares priced between $70 to $82 each.
In an uncertain economy, transportation and logistics businesses reduce costs with Stealth Monitoring's live video monitoring, combining AI, machine learning, and human intelligence for proactive security solutions.
Logistics property rents rose by 6% globally in 2023, with a significant 19% increase in Mexico, driven by nearshoring and demand.
Family Dollar faces a record $41M fine for a mouse-infested warehouse.
Towns like Stockton, California, thrived with warehousing but now face challenges as the e-commerce demand recedes, shedding light on a nationwide concern.
ArcBest unveils Vaux Smart Autonomy marrying autonomous mobile robot (AMR) forklifts and reach trucks with some seriously smart software and remote control capabilities.
Key players FedEx and UPS announce new automation partnerships, furthering the conversation on how advanced tech influences worker negotiations.
Southern California’s once-tight industrial real estate market is cooling with a rise in vacancy rates, driven by soaring rents and reduced imports, reports Savills.
U.S. warehouse rents hit record highs in Q2 2023 despite decreasing demand; long-term leases and new premium facilities influence trends.
Molson Coors, recognized as 2023's Shipper of Choice, excels in supply chain management, shipping 13M barrels of beverages annually.
Tornado damages Pfizer plant in North Carolina, affecting 50,000 pallets of medication and potentially impacting nationwide supply.
Warehouse rents will continue to rise despite falling logistics transportation rates, says the CEO of the world's largest warehouse landlord.
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