Skip to content
Search AI Powered

Latest Stories

newsworthy

ground breakers: who's building a new DC?

  • Site work will begin later this spring on a new Walgreens distribution center in Windsor, Conn. The drug store chain has signed a letter of intent to purchase a 130-acre site at the New England Tradeport. Walgreens plans to invest $175 million in the 700,000-square-foot facility, which will employ about 200 people when it opens in 2008.
  • DHL began construction last month on what will soon be its largest U.S. service center. Located in New York City, the $181 million project will consolidate two existing service centers into the new 161,125-square-foot facility. The operation will service Manhattan's pickup, delivery and sorting operations and will feature a throughput capacity of 15,000 pieces per hour when it opens in May. It will employ 400 people. Plans also call for an addition of 44,225 square feet in the fall of 2007.
  • Build-A-Bear Workshop, a retail chain that allows customers to create their own stuffed animal toys, plans to build a new 350,000-square-foot DC near Columbus, Ohio. The $24 million facility, which will employ 100 workers when it opens in September, will serve as the company's primary distribution facility. Build-A-Bear will continue to use third-party facilities in Toronto and Los Angeles and will convert a current 3PL-run facility in St. Louis into a pooling center.
  • ProLogis, one of the world's largest developers of industrial distribution facilities, has leased a new 297,000- square-foot facility that's currently under development in northwest Houston to Goodman Manufacturing Co. Goodman makes heating and air-conditioning equipment.

The Latest

More Stories

youngster checking shipping details on smartphone

Survey: older generations are unaware of holiday shipping deadlines

As holiday shoppers blitz through the final weeks of the winter peak shopping season, a survey from the postal and shipping solutions provider Stamps.com shows that 40% of U.S. consumers are unaware of holiday shipping deadlines, leaving them at risk of running into last-minute scrambles, higher shipping costs, and packages arriving late.

The survey also found a generational difference in holiday shipping deadline awareness, with 53% of Baby Boomers unaware of these cut-off dates, compared to just 32% of Millennials. Millennials are also more likely to prioritize guaranteed delivery, with 68% citing it as a key factor when choosing a shipping option this holiday season.

Keep ReadingShow less

Featured

shopper returning purchase with smartphone

E-commerce retailers brace for surge in returns

As shoppers prepare to receive—and send back—a surge of peak season e-commerce orders this month, returns will continue to pose a significant cost for the retail industry, with total returns projected to reach $890 billion in 2024, according to a report released today by the National Retail Federation (NRF) and Happy Returns, a UPS company.

Measured over the entire year of 2024, retailers estimate that 16.9% of their annual sales will be returned. But that total figure includes a spike of returns during the holidays; a separate NRF study found that for the 2024 winter holidays, retailers expect their return rate to be 17% higher, on average, than their annual return rate.

Keep ReadingShow less
screenshot of agentic AI for logistics

HappyRobot lands $15.6 million backing for its agentic AI

San Francisco startup HappyRobot has gained $15.6 million in venture funding for its AI platform that automates the communication needs of freight brokerages and other logistics users such as third-party logistics providers and warehouses.

The “series A” round was led by Andreessen Horowitz (a16z), with participation from Y Combinator and strategic industry investors, including RyderVentures. It follows an earlier, previously undisclosed, pre-seed round raised 1.5 years ago, that was backed by Array Ventures and other angel investors.

Keep ReadingShow less
forklift carrying goods through a warehouse

RJW Logistics gains private equity backing

RJW Logistics Group, a logistics solutions provider (LSP) for consumer packaged goods (CPG) brands, has received a “strategic investment” from Boston-based private equity firm Berkshire partners, and now plans to drive future innovations and expand its geographic reach, the Woodridge, Illinois-based company said Tuesday.

Terms of the deal were not disclosed, but the company said that CEO Kevin Williamson and other members of RJW management will continue to be “significant investors” in the company, while private equity firm Mason Wells, which invested in RJW in 2019, will maintain a minority investment position.

Keep ReadingShow less
iceberg drawing to illustrate supply chain threats

GEP: six factors could change calm to storm in 2025

The current year is ending on a calm note for the logistics sector, but 2025 is on pace to be an era of rapid transformation, due to six driving forces that will shape procurement and supply chains in coming months, according to a forecast from New Jersey-based supply chain software provider GEP.

"After several years of mitigating inflation, disruption, supply shocks, conflicts, and uncertainty, we are currently in a relative period of calm," John Paitek, vice president, GEP, said in a release. "But it is very much the calm before the coming storm. This report provides procurement and supply chain leaders with a prescriptive guide to weathering the gale force headwinds of protectionism, tariffs, trade wars, regulatory pressures, uncertainty, and the AI revolution that we will face in 2025."

Keep ReadingShow less