Business, Logistics, TCA

Amazon Eyeing Another Big Shipping Hub South of Dallas

Getty Images

Digital retail giant Amazon is growing its footprint again in North Texas.

Steve Brown | The Dallas Morning News
June 14, 2018

Metro Supply Chain Group Expands Home Delivery, Warehousing Operations in Canada

Metro Supply Chain Group has completed two acquisitions designed to boost its home delivery services and expand its warehousing and distribution operations for consumer packaged goods in Canada.

Daniel P. Bearth | Staff Writer
May 16, 2018
Business, Logistics

Blackstone to Acquire Gramercy Property in $7.6 Billion Deal

Blackstone sign Victor J. Blue/Bloomberg

Blackstone Group agreed to acquire Gramercy Property Trust, which owns industrial real estate in the United States and Europe, in a cash deal valued at $7.6 billion.

Sarah Syed and Sarah Mulholland | Bloomberg News
May 7, 2018
Business, Logistics, TCA

Kansas City-Area Warehouse District Gets OK for Expansion

NorthPoint Development

A fast-growing industrial park in southern Johnson County, Kan., will get even bigger, jumping from north of Interstate 35 to south of the freeway.

Lynn Horsley | McClatchy Washington Bureau
April 27, 2018
Business, Technology

Stord Receives $2.4 Million in Venture Capital Funding

Stord Founders Co-founders Henry (left) and Boudreau via Stord

Stord, a company launched two years ago by teenage entrepreneurs Sean Henry and Jacob Boudreau, has received $2.4 million in venture capital funding from a group of investors led by Chattanooga, Tenn.-based Dynamo.

Daniel P. Bearth | Staff Writer
April 25, 2018
Business, Logistics

Ivanhoe Cambridge Targets Canadian Warehouse Space in Amazon Era

Ty Wright/Bloomberg News

Ivanhoe Cambridge Inc., the real estate arm of one of Canada’s biggest pension funds, plans to increase its assets by a third with a bet on the booming warehouse space.

Natalie Wong | Bloomberg News
April 18, 2018

Warehouse Theft Nets 20,000 Cases of Beer

Empty warehouse Thinkstock

Crooks on March 12 stole about C$500,000 worth of beer, pepperoni and dried beef in a theft from a warehouse in Boucherville on Montreal’s South Shore. Police report the thieves are attempting to sell the haul to businesses across two Canadian provinces.

Transport Topics
April 16, 2018
Business, Logistics

In the Age of Amazon, Warehouses Are Smart Investments

Amazon Warehouse Amazon warehouse (Bartek Sadowski/Bloomberg)

Forget your fancy office towers. The future lies in warehouses.

Rob Urban | Bloomberg News
April 13, 2018
Business, Logistics

New Warehouses Needed to Meet E-Commerce Demands, CBRE Study Shows

warehouse Getty Images

The average age of warehouses in the United States is 34 years, making them ill-suited for the demands of e-commerce, according to an analysis by commercial real estate firm CBRE.

Transport Topics
April 9, 2018
Business, Equipment

First-Ever Forklift Summit Planned for October

A forklift cruises for loads in a fulfillment center John Sommers II for Transport Topics

The forklift industry is launching its first-ever Forklift Industry Summit as growth in their deployment accelerates at distribution centers and warehouses nationwide. The summit, hosted by UniCarriers Americas Corp., is scheduled for Oct. 10-12 at the Intercontinental Hotel Miami.

Transport Topics
April 6, 2018