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Chilean ag leaders address logistics crisis

- General News
The main players in the export and import sectors are working in a coordinated manner to urgently identify effective solutions to the logistic issues that have driven up food prices worldwide and severely impacted Chile and its global trade partners.

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.