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Saia to expand into Northeast in 2017; move seen as stepping stone to national coverage

Carrier to enter New Jersey, Pennsylvania in second quarter.

Trucker Saia Inc. plans to expand into the northeastern U.S. during the first half of 2017, a move that brings the less-than-truckload carrier into one of the country's most hotly competitive LTL markets and sets the stage for a nationwide expansion in 2018.

Johns Creek, Ga.-based Saia will open three to five terminals in the second quarter in an effort to target major markets in Pennsylvania and New Jersey, both densely populated commerce centers. Saia currently serves 34 states, but its network does not currently extend east of Ohio or north of Virginia.


Ray Ramu, Saia's chief customer officer, said in a statement yesterday that the Northeast represents a $7 billion-a-year market opportunity. Ramu said the company will add resources to its existing network in order to handle the expected increase in freight flows to and from the Northeast.

Saia is believed to be the last major regional LTL carrier to be pursuing coverage across the continental U.S.

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Prologis names company president Letter to become new CEO

Logistics real estate developer Prologis today named a new chief executive, saying the company’s current president, Dan Letter, will succeed CEO and co-founder Hamid Moghadam when he steps down in about a year.

After retiring on January 1, 2026, Moghadam will continue as San Francisco-based Prologis’ executive chairman, providing strategic guidance. According to the company, Moghadam co-founded Prologis’ predecessor, AMB Property Corporation, in 1983. Under his leadership, the company grew from a startup to a global leader, with a successful IPO in 1997 and its merger with ProLogis in 2011.

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AI firm Augury banks $75 million in fresh VC

The New York-based industrial artificial intelligence (AI) provider Augury has raised $75 million for its process optimization tools for manufacturers, in a deal that values the company at more than $1 billion, the firm said today.

According to Augury, its goal is deliver a new generation of AI solutions that provide the accuracy and reliability manufacturers need to make AI a trusted partner in every phase of the manufacturing process.

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Indian AMR firm Anscer expands to U.S. with new VC funding

The Indian warehouse robotics provider Anscer has landed new funding and is expanding into the U.S. with a new regional headquarters in Austin, Texas.

Bangalore-based Anscer had recently announced new financial backing from early-stage focused venture capital firm InfoEdge Ventures.

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Report: 65% of consumers made holiday returns this year

Report: 65% of consumers made holiday returns this year

Supply chains continue to deal with a growing volume of returns following the holiday peak season, and 2024 was no exception. Recent survey data from product information management technology company Akeneo showed that 65% of shoppers made holiday returns this year, with most reporting that their experience played a large role in their reason for doing so.

The survey—which included information from more than 1,000 U.S. consumers gathered in January—provides insight into the main reasons consumers return products, generational differences in return and online shopping behaviors, and the steadily growing influence that sustainability has on consumers.

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Automation delivers results for high-end designer

When you get the chance to automate your distribution center, take it.

That's exactly what leaders at interior design house Thibaut Design did when they relocated operations from two New Jersey distribution centers (DCs) into a single facility in Charlotte, North Carolina, in 2019. Moving to an "empty shell of a building," as Thibaut's Michael Fechter describes it, was the perfect time to switch from a manual picking system to an automated one—in this case, one that would be driven by voice-directed technology.

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