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This Week in Logistics News (April 29 – May 5)

Logistics Viewpoints

million-square-foot warehouse in Connecticut Flexport announced the acquisition of Shopify Logistics’ assets, including Deliverr. Shiv Agarwal, former Staples exec and co-founder of Fabric is now leading Foundation, a Seattle startup that just announced a $3 million seed round to fuel growth of its wholesale e-commerce platform.

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Outbound Tender Rejections Increase for the First Time Since March Peak

Zipline Logistics

Seattle is becoming a more favorable market for carriers and rejection rates are increasing. We are seeing favorable rates for shippers in Seattle, Ontario, California, and Denver, Colorado as carriers look to capitalize on outbound volumes. Connecticut. Connecticut officials have issued a mandatory shutdown until May 20.

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Logistics Market Stays Flat as May Begins

Zipline Logistics

Seattle is becoming a more favorable market for carriers to head to with rejection rates increasing a bit. . Moving freight into Seattle, Ontario, California, and Denver , Colorado markets should pick up. Connecticut . Connecticut officials have issued a mandatory shutdown until May 21. . Status: Restricted .

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Freight Rates Were Mostly Neutral Ahead of Winter Storm

DAT Solutions

That'll no doubt affect freight movements, with trucks banned from some highways in the Northeast while Connecticut, Pennsylvania, and Virginia declare states of emergency. The Pacific Northwest also slumped last week, which meant inbound rates went up on some northbound lanes out of Stockton: The lane to Seattle was up to $2.13/mile.

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LTL Carrier Profile: UPS Freight

The Logistics of Logistics

The company was based in Seattle, Washington and was originally called American Messenger Company. In 1975, UPS moved its headquarters to Greenwich, Connecticut. In 1991, UPS moved it’s corporate headquarters from Greenwich, Connecticut to suburban Atlanta, Georgia. UPS was founded in 1907 by James Casey.

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Top 25 3PL warehousing companies in 2020 (by revenue)

6 River Systems

The company was started in 1907 as a small messenger service in Seattle with $100 in borrowed capital. Revenue: $16.392 billion (12 months ending March 31, 2020), $16.648 billion (2019) Headquarters: Greenwich, Connecticut, USA CEO: Bradley S. started as a single office ocean forwarder in Seattle. Revenue: $8.7 Revenue: $8.17