CBRE: real estate investment will recover in the second half of 2024 Fourth quarter of 2023 saw decline due to high interest rates, tight credit conditions, and a global economic slowdown February 14, 2024 DC Velocity Staff No Comments Fourth quarter of 2023 saw decline due to high interest rates, tight credit conditions, and a global economic slowdownRead More
BlueGrace opens first Mexican logistics center Facility supports U.S. nearshoring strategies as Mexico passes Canada, becoming nation’s largest trade partner February 13, 2024 DC Velocity Staff No Comments Facility supports U.S. nearshoring strategies as Mexico passes Canada, becoming nation’s largest trade partnerRead More
Former Yellow Corp. exec named CEO of Axis Global Logistics Bergman had previously been CCO of Yellow Corp. and president of Yellow Logistics February 9, 2024 Ben Ames No Comments Bergman had previously been CCO of Yellow Corp. and president of Yellow LogisticsRead More
Armada acquires ATEC Systems in expansion to food and restaurant logistics Pittsburgh 3PL says move will diversify and strengthen its supply chain solutions portfolio February 9, 2024 DC Velocity Staff No Comments Pittsburgh 3PL says move will diversify and strengthen its supply chain solutions portfolioRead More
Ryder acquires dedicated fleet trucking provider Cardinal Logistics Deal boosts Ryder’s dedicated contract business line, company says February 1, 2024 DC Velocity Staff No Comments Deal boosts Ryder’s dedicated contract business line, company saysRead More
Geodis says new emissions cuts will affect all three scopes 3PL pledges to trim greenhouse gas from its buildings, its vehicles, and its contractors January 31, 2024 DC Velocity Staff No Comments 3PL pledges to trim greenhouse gas from its buildings, its vehicles, and its contractorsRead More
French 3PL Staci Group rebrands U.S. holdings as Staci Americas Company had acquired Georgia-based Amware Fulfillment in 2023 January 30, 2024 Ben Ames No Comments Company had acquired Georgia-based Amware Fulfillment in 2023Read More
CBRE: number of mega-warehouse leases dropped in 2023 Pandemic inventory rush recedes from 2022 peak, but demand remains historically high January 26, 2024 DC Velocity Staff No Comments Pandemic inventory rush recedes from 2022 peak, but demand remains historically highRead More
AIT Worldwide Logistics consolidates three Chicago area sites under one roof New-built facility in Palatine, Illinois, has three times the space of its predecessor facilities combined January 24, 2024 DC Velocity Staff No Comments New-built facility in Palatine, Illinois, has three times the space of its predecessor facilities combinedRead More
Forward Air Corp. agrees to reduced purchase price for Omni Logistics Following court fight, companies will combine forces in the expedited less than truckload (LTL) freight sector January 24, 2024 DC Velocity Staff No Comments Following court fight, companies will combine forces in the expedited less than truckload (LTL) freight sectorRead More