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Walmart to purchase 4,500 Canoo electric delivery vehicles to be used for last mile deliveries

- General News
While the LDV is expected to begin hitting the road in 2023, the companies plan to kick-off advanced deliveries to refine and finalize vehicle configuration in the Dallas Fort Worth metroplex in the coming weeks.

Lineage Logistics acquisition expands direct-to-consumer fulfillment

- General News
Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced that it is expanding its Direct-to-Consumer (“D2C”) Fulfillment solution to create a market leader in e-commerce for perishable customers.

Senators urge help for congested farm shipments

- Analysis
West Coast port delays have drawn the attention of California’s two U.S. senators, Dianne Feinstein and Alex Padilla.

Fresh Del Monte expands access to its ocean logistics business

- General News
Network Shipping (NWS), Fresh Del Monte’s ocean logistics arm, continues to drive growth for Fresh Del Monte’s third-party services by further enhancing its platform through a rebrand that optimizes cargo space on Fresh Del Monte’s 13 owned vessels – offering tailored shipping solutions to a broader audience amid continuous supply chain pressures.

Lineage Logistics acquires Canadian supply chain firm

- General News
Lineage Logistics, LLC, one of the world’s leading and most innovative temperature-controlled industrial REITs and logistics solutions providers, today announced it has signed a definitive agreement to acquire VersaCold Logistics Services, a leading cold chain solution provider in Canada, from TorQuest Partners and its co-investment partners, The Investment Management Corporation of Ontario and OPTrust.

Frutura acquires Texas logistics firm

- General News
Frutura has further strengthened its U.S. presence and holdings with the strategic acquisition of Agri-Cooling & Logistics (Agri-Cooling), a McAllen, TX-based operation.

XPO Logistics to split into two publicly traded companies

- General News
XPO Logistics, Inc. today announced that its board of directors, after a thorough examination of strategic alternatives, has approved a plan that the board believes is the optimal path to unlock value for XPO stakeholders.

Huron Capital’s Direct Connect Logistix acquires Performance Logistics

- General News
Leading lower-middle-market private equity firm Huron Capital Partners announced today that its third-party transportation and logistics services platform, Direct Connect Logistix, has acquired Performance Logistics, LLC.

C.H. Robinson enters autonomous driving tech partnership

- General News
Global logistics company C.H. Robinson and Waymo Via, the trucking and local delivery unit of autonomous driving technology company Waymo, have formed a long-term strategic partnership to mutually explore the practical application of autonomous driving technology in logistics and supply chains.

Five trends driving logistics in 2022

- General News
Will speed trump price in 2022? What about the middle mile in the logistics journey?