Business, Logistics

Nestle US Unit to Cut 4,000 Jobs by Stopping Direct-to-Store Delivery

Nestle Adrian Moser/Associated Press

Nestle SA’s U.S. unit will lay off about 4,000 workers as it stops delivering frozen pizza and ice cream directly to stores and instead transitions to a warehouse model that’s becoming an industry standard for major food companies looking to trim costs.

Deena Shanker | Bloomberg News
May 7, 2019
Business, Technology, Logistics

Investors Pour More Money Into Warehouse Tech Startups

warehouse Flowspace X ShipHawk Testimonial via YouTube

Flowspace, a technology firm that helps businesses manage warehousing and fulfillment services, received $12 million in funding from an investment group led by Canvas Ventures.

Daniel P. Bearth | Staff Writer
April 18, 2019
Business, Technology

Warehouse Tech Startup Stord Receives $12.4 Million Investment

Stord Stord CEO Sean Henry (left) and CTO Jacob Boudreau founded the company in 2015. (Stord Inc.)

Stord Inc., an Atlanta-based startup that offers a technology platform for warehouse operators to market unused space, has received $12.4 million in funding from a group of investors that includes Tom Noonan and Chris Klaus, Dynamo, Rise of the Rest Fund and Engage Ventures.

April 11, 2019
Business, Logistics

Symbia Logistics Acquires iD Commerce + Logistics

Symbia A view of a Symbia Logistics warehouse. (Symbia Logistics via YouTube)

Symbia Logistics, a Colorado-based warehousing and logistics company, has acquired third-party logistics firm iD Commerce + Logistics to expand its e-commerce fulfillment footprint, according to a Symbia statement.

March 25, 2019
Business, Equipment, Logistics

Kane Is Able Receives Equity Investment From Harkness Capital Partners

Warehouse A Kane is Able Inc. dock facility in Scranton, Pa. (Kane is Able Inc)

Kane Is Able Inc., a warehousing and distribution business in operation since 1930, announced that Harkness Capital Partners agreed to make an unspecified equity investment in the firm as part of a strategy to expand the company’s services and national presence.

Dan Bearth | Senior Features Writer
March 19, 2019
Business, Logistics, TCA

Smart Warehousing Expands to North Texas Site

A Kansas City, Mo.-based logistics firm with operations across the United States has leased its first North Texas location.

Steve Brown | The Dallas Morning News
December 5, 2018
Business, Technology

Newest Startup in On-Demand Warehousing Is a Trucking Company

Vlad Gasnikov and Igor Volchenko OLIMP founder Vlad Gasnikov (left) and CTO Igor Volchenko at a web summit in Portugal. (OLIMP)

The newest entrant in the nascent market for on-demand warehousing is the owner of a Chicago-based trucking company who said he wants to use technology to help reduce the time that drivers spend waiting for freight to be loaded and unloaded. Vlad Gasnikov, CEO of Business Lines of America Corp., is currently beta testing an online platform called OLIMP.

Daniel P. Bearth | Staff Writer
November 14, 2018
Business, Technology, Logistics

Indonesian Logistics Startup Waresix Lands $1.6 Million Funding

Waresix, an Indonesian warehouse startup, is tapping into its country’s fast-growing logistics market. The company announced in October that it had obtained $1.6 million in pre-Series A funding, led by East Ventures and Monk’s Hill Ventures.

Transport Topics
October 29, 2018
Business, Logistics

ODW Opens E-Commerce Center in Columbus, Ohio

ODW Warehouse ODW's new facility. (ODW Logistics)

ODW Logistics is opening a 200,000-square-foot logistics center near Columbus, Ohio, to expand its e-commerce capabilities. The facility on Interstate 71 in Grove City is within a 10-hour drive of about 50% of the U.S. population and one-third of the Canadian population, according to ODW.

Transport Topics
July 18, 2018
Business, Logistics

Amazon Rival Draws Battle Lines With Bronx Warehouse


FreshDirect has figured out an important trick: how to make money delivering groceries.

Craig Giammona | Bloomberg News
July 17, 2018