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Ryder Acquires Whiplash, Expands Network

Multichannel Merchant

has significantly expanded its fulfillment network and added automation capabilities through the acquisition of 3PL Whiplash for $480 million, giving it warehouse assets in key markets and ports including Long Beach, CA, Seattle/Tacoma, New York/New Jersey and Savannah, GA. Ryder System Inc.

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This Week in Logistics News (April 4-8, 2016)

Talking Logistics

Moving on, here’s the supply chain and logistics news that caught my attention this week: Trucking Stocks Tumble on Downgrade, Pricing Outlook (WSJ- sub. Descartes Showcases Logistics Technology Platform Innovations at Global User and Partner Conference. Note: Descartes and MercuryGate are Talking Logistics sponsors.

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Warehouses are the next HOT investment triggered by the digital transformation of the supply chain

NC State SCRC

A recent article in Bloomberg suggests that warehouses are now becoming one of the hottest investments in the market, based on recent moves by the Blackstone Group LP, who are betting $18.7 Bloomberg, an investment manager is paying for 179 million square feet of urban logistics properties — the warehouses used by Amazon.com Inc.