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ground breakers: who's building a new DC?

  • The Port San Antonio in Texas has opened a new 90,000-squarefoot air-cargo facility. The new operation, which is big enough to handle four wide-body aircraft simultaneously, includes an on-site Federal Inspection Services facility operated by the Bureau of Customs & Border Protection.
  • Real estate developer Trammel Crow has broken ground on a new industrial park near the Pittsburgh International Airport. The PIT International LogisticsCentre will be situated on a 160-acre site located within the airport's foreign trade zone. When fully built out, the industrial park could include as many as 900,000 square feet of Class A warehouse, distribution, and air-cargo space.

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Business optimism is up as inflation fades

Global business leaders are feeling optimistic, according to a report from business data analytics firm Dun & Bradstreet showing a 7% increase in business optimism quarter-over-quarter, driven by gradual easing of inflation rates and favorable borrowing conditions.

However, that trend is counterbalanced by economic uncertainty driven by geopolitics, which is prompting many companies to diversity their supply chains, Dun & Bradstreet said in its “Q4 2024 Global Business Optimism Insights” report, which was based on research conducted during the third quarter.

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Global economy continues to slow, GEP index shows

The level of global supply chain spare capacity in September rose to its highest level since July 2023, revealing a trend of economic weakness, according to a monthly report from market data provider S&P Global and New Jersey-based enterprise software vendor GES.

The firms’ “GEP Global Supply Chain Volatility Index” tracks demand conditions, shortages, transportation costs, inventories, and backlogs based on a monthly survey of 27,000 businesses.

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Total Distribution acquires REO Processing for latest expansion

The third-party logistics service provider (3PL) Total Distribution Inc. (TDI) is continuing to grow through acquisitions, announcing today that it has bought REO Processing & REO Logistics.

Terms of the deal were not disclosed, but REO Processing & REO Logistics is headquartered in West Virginia with 10 facilities across West Virginia in Parkersburg, Vienna, Huntington, Kenova, and Nitro as well as in Atlanta, GA.

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Wabash project will build solar panels into refrigerated trailers

The freight equipment original equipment manufacturer (OEM) Wabash will use a federal grant to launch a project with the University of Delaware that will save electricity by incorporating lightweight solar panels into refrigerated trailers and truck bodies, the Indiana company said today.

Funding for the design will come from a $1.6 million grant award from the U.S. Department of Energy (DOE) Solar Energy Technologies Office (SETO) to support a research and development project aimed at decarbonizing the commercial transportation industry.

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warehouse worker using mobile computer

Federal regulators delay pharma track and trace rule

Pharmaceutical groups are breathing a sigh of relief today after federal regulators granted many of them more time to come into compliance with strict track and trace rules required by the Drug Supply Chain Security Act (DSCSA).

The initiative is intended to create an electronic track and trace network that allows the U.S. Food and Drug Administration (FDA) to pinpoint the location of any drug throughout the supply chain and drill down to the individual package level, thus improving safety compliance and reducing counterfeiting. To enable that practice, third-party companies like TraceLink have built networks to manage the massive amounts of data required.

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