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Milton, Pennsylvania-based logistics company Patton Logistics Group has announced it will purchase Milton Transportation and Warehousing and its sister company, BTR Inc. A Patton Logistics Group news release emailed to FreightWaves on Wednesday stated the transaction for both acquisitions will be completed on Friday.
Now Let’s Get to The Supply Chain & Logistics News for the Week! million grant, as the company now focuses on its flagship NorthCarolina project. The company has also delayed plans for its NorthCarolina refinery and is facing challenges with local authorities and financing. lithium refineries.
In addition, other infrastructure repairs which impact freight transportation in and around Ashville, NorthCarolina are still not completed. The logistics, supply chain, freight transportation, warehousing, and inventory management sectors often operate on razor-thin margins.
Corey spent over a decade at STG Logistics, the nation’s leader in containerized freight, and XPO Logistics, where he built operational, financial, and back-office solutions to help companies and users across the globe. He holds a Masters degree in accounting and finance from the University of NorthCarolina at Charlotte.
He has leadership and P&L responsibility for XPO’s asset-light North American truck brokerage business and complementary brokered services of managed transportation, last mile logistics and global freight forwarding. The corporate headquarters will be in Charlotte, NorthCarolina. Drew’s LinkedIn.
Drennan struggled to obtain a driver’s license from the Railroad Commission in charge of regulating motor-freight at the time, allegedly because of her hearing loss, though Drennan believed it to be related to her gender. And now on to this week’s logistics news. Ukraine in the news: War in Ukraine disrupts ships around the globe.
Andrew Kelley is a global technology executive focused on logistics and supply chain software. Andrew has an MBA from Harvard Business School, an MSME from MIT, and a BSME from NorthCarolina State University. [1:15] 1:15] How’d you get into the freight business? Uber launched Uber Freight a few years ago.
Largest LTL Carrier: FedEx Freight. FedEx Freight is the largest less than truckload (LTL) carrier with approximately $5.3B FedEx Freight has a market share of 14.9%. FedEx Freight’s revenue includes FedEx Custom Critical. FedEx Freight is one of 7 operating units owned by FedEx Corporation. YRC Freight has 9.2%
Transportation and logistics services provider FedEx announced this week that it has decided to spin off its FedEx Freight business unit. The freight unit was established in 2001, when FedEx Corporation acquired and merged the assets of American Freightways , Viking Freight and Watkins Motor Lines.
As your business grows, a NorthCarolinalogistics hub could make sense for many reasons. NorthCarolina offers a dynamic economy in a place where people want to be. Statistics show that NorthCarolina is growing at twice the national average. Lower logistics costs. Central Location.
NorthCarolina has once again been recognized as the “Best State for Business” by CNBC. And factors related to logistics in NorthCarolina remain a big reason. CNBC Best State for Business NorthCarolina continues to rack up the ‘best state’ awards. in terms of favorable business costs.
NorthCarolina, the Tar Heel State. NorthCarolina is first in something else too: business. And, when a location is this good for business, it’s bound to be a great place for logistics as well. And, when a location is this good for business, it’s bound to be a great place for logistics as well.
Though less tight than the major markets, capacity can still be hard to come by if you’re looking for a warehouse in NorthCarolina. Warehouses in NorthCarolina: what are your options? Your basic options for acquiring warehouse space in NorthCarolina – or anywhere else – are as follows.
At Kanban Logistics, we’ve been following every development of the CSX Intermodal terminal in NorthCarolina (also known as the “Carolina Connector”) since the original plans were unveiled back in 2016. What is the CSX Intermodal NorthCarolina terminal?
In this article, we’ll take a closer look at FTZs: what they are, how they could benefit your company, and why NorthCarolina just may be the perfect place to locate one. Drayage services – such as those of a third-party logistics (3PL) provider – transport the products from the port directly to an FTZ warehouse.
In this article, we’ll take a closer look at the current state of intermodal rail and tell you how a third-party logistics (3PL) provider can support companies that take advantage of this mode of transport. According to an article in Logistics Management , intermodal rail volumes are up in the first nine months of 2021 as compared to 2020.
Still Foggy at the Top – What the New Logistics Report Means for the Rest of Us For all the hope around trucking bouncing back, the new CSCMP “State of Logistics Report” just affirmed what most small carriers already feel: Things are still off. trillion on logistics last year. That’s 8.7% Prices could move again.
The logistics industry is changing fast. On today’s episode of The Logistics of Logistics Podcast, host Joe Lynch sits down with Courtney Muller. The Future of Logistics with Courtney Muller. Our topic is the future of logistics with my friend, Courtney Muller. Our topic is the future of logistics.
Labor and management work out deal at Port of LA/Long Beach ( Logistics Management ). There are still plenty of problems to fix, but our roads and bridges aren’t crumbling,” said David Hartgen, lead author of the Reason Foundation report and emeritus professor of transportation at the University of NorthCarolina at Charlotte.
For example, Kanban’s distribution campus in Rocky Mount, NC is served by CSX rail and by the brand-new CSX Carolina Connector. We’re able to support incoming rail freight from the CSX railway in one of two ways: Boxcars can be brought on rail siding to one of our warehouse’s four rail-siding doors.
Months of uncertainty about solar panel logistics in the US came to an end recently as the US government declared a 24-month tariff exemption for solar panels imported from Southeast Asian countries. In this article, we’ll examine what happened, what it means for importers, and how a third-party logistics (3PL) company can help.
Flooded or closed roadways, bridges, and overpasses can delay freight, rail, and even air cargo. Significant flooding and damage can force logistics companies to find new and longer routes. #3 3 Higher freight rates Hurricanes can reduce truck capacity as carriers divert resources to aid relief efforts.
Thanks to omni-channel distribution, 3-D printing, self-service logistics and other avenues of disintermediation, traditional supply chain roles are rapidly being transformed into all-new opportunities. Top 10 Supply Chain Innovations of 2016 : robot pickers, bridge-inspecting drones, autonomous freight shuttles, and more. Media Type.
CarrierSource , the leading platform for transparent carrier and brokerage reviews in the logistics industry, has announced the release of its groundbreaking new feature, Shipper Intent Data. Thousands of shippers use CarrierSource every day to find new freight partners,” said Rob Light, CEO of CarrierSource, in a statement.
Fortunately, outsourcing warehouse services to a Third-Party Logistics (3PL) provider can offer substantial cost-saving benefits for your company. 5 Ways a Warehousing 3PL Can Save You Money Reduce people costs Labor is one of your largest logistics expenses. The average salary of a Logistics Manager in the US is currently $76,301.
In this article, we’ll examine the role that third-party logistics (3PL) companies can play in providing this visibility. A recent article in Freight Waves shows that, while pharmaceutical companies have largely been buttoned up in terms of supply chain visibility, their healthcare counterparts have been slow to adopt visibility measures.
production), NorthCarolina (14%), Arkansas and Missouri. And they obviously require the appropriate logistics and transportation capabilities to handle this highly desired product. Retailers have to work with turkey farmers, Distributors and logistics carriers to forecast demand. Logistics For All. In the U.S.
Logistics sustainability has transformed from a niche concern to a central business imperative. This shift is driven by increasing awareness of environmental impacts, customer demand for green products and services, and the potential for operational efficiencies and cost savings linked to more sustainable freight shipping. Here’s how.
As we move into the back half of May, the freight market is starting to show signs of an expedited rebound. . Th ese conditions have caused a more favorable freight environment. That is e specially the case for outbound freight in southern states and California where produce season is in full swing. . Logistics? ? .
Industry Impacts from Hurricane Helene Client Alert Hurricane Helene is expected to have significant effects on several industries, particularly those related to agriculture, energy, logistics, and manufacturing. The findings are detailed in the full Client Alert: Hurricane Helene.
In addition to bolstering the supply chain infrastructure within NorthCarolina, the CSX Carolina Connector terminal (CCX) is linking the Eastern part of the state to other key hubs in the US. 3PL providers local to Rocky Mount, like Kanban Logistics , can help shippers to do the same near the Connector.
For shippers, this year’s overly-active hurricane season in the US is raising alarm bells for supply chain logistics operations. All shippers are affected by this – fuel being integral to everything from agricultural production to actual freight movement. gasoline production capacity to drop by 10%.
The Carolina Connector from CSX is an intermodal rail terminal that sits on 330 acres in Rocky Mount, NC , which is located in the Eastern part of the state. The terminal enables rail containers to be offloaded from freight cars arriving at the terminal and then loaded onto another train or truck for final distribution.
I’ve had the good fortune to be presented with opportunities for compelling discussions with a significant group of leading thinkers, senior executives in procurement, logistics, and technology management over this past year. With globalization, the need to partner with local logistics service providers becomes an imperative.
In this article, we’ll look at an exciting new development in the growth of NorthCarolina’s rail infrastructure: a new intermodal terminal at the Port of Wilmington. According to Port City Daily , NorthCarolina has been awarded $60.2 On the intermodal side, the CSX Carolina Connector in Eastern NC went online in 2021.
The trucking industry is hugely important for the United States’ supply chain— 67% of all freight in the U.S. Some companies, like Cargo Transporters from NorthCarolina, have installed satellite TV systems with more than 100 channels to serve as entertainment for when the truck drivers are away from home.
Industry supply chains experienced unprecedented and sudden changes in pandemic related product demand coupled with nonstop production, transportation and logistics delays. Containers of fitness equipment shipped from Asia were delayed by major port and inland logistics disruptions. Pivot Toward Internal Manufacturing Presence.
Logistics Start-Up Loop Announces $35 Million Series B Funding Logistics industry audit and payment services platform provider Loop has announced that the start-up has raised $35 million in a Series B investment round co-led by J.P. with more than 75 locations in Alabama, Florida, Georgia, NorthCarolina , and South Carolina.
Like many logistics solutions, cross docking can address a wide range of issues. You have mixed freight on a trailer. Kanban Logistics for Cross Docking Services Kanban’s cross docking facilities are located in Eastern NorthCarolina with access to rail and major interstate highways (I-95, I-40, and I-85).
In addition to standard warehousing operations, your third-party logistics (3PL) provider may be able to handle additional value-added services. The carrier is not a preferred logistics partner. Some retailers have ‘preferred’ logistics partners that enjoy privileges like the ability to drop trailers off at a DC without an appointment.
Amazon now expects to need twice as many workers at a NorthCarolina fulfillment center than earlier anticipated. The I ntermodal Association of North America says international intermodal container volumes fell 13.2% Logistics Management). Paul Page is editor of WSJ Logistics Report. Nikkei Asian Review).
Curtis is hosting the industry’s first live LTL Mastermind Event, November 9 th and 10 th in High Point, NorthCarolina. The company provided an innovative approach to utilizing data and revolutionary technology for its growing clients to streamline logistics and implement cost-effective, efficient transportation programs.
When it comes to warehousing, many companies eventually outgrow the “do it yourself” model and choose to hand the reins over to a third-party logistics (3PL) professional. The carrier is not a preferred logistics partner. Manufacturing logistics services. Some might surprise you. retailers). without using an FTZ).
HTL Freight, the acquisitive 3PL based in NorthCarolina that has purchased several brokerages in recent years, has bought TS3 Logistics, a California-based specialist in refrigerated truckload and refrigerated LTL transportation. HTL’s purchase of TS3 was its first since it acquired 3PL CTS Logistics in 2024.
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