Local logistics businesses are planning to challenge the Trade Ministry’s new regulation on e-commerce, which restricts the sale of cheap imported and cross-border items. E-commerce Logistics Association (APLE) chairman Sonny Harsono said this will disadvantage logistics services, leading to estimated losses of Rp 60-100 billion ($3.88 million-$6.

Logistics Property Co. (LPC) has secured $66 million in refinancing for two properties in Illinois, the Palatine 90 Logistics Center and 2800 W. Diehl Road. The fixed-rate loan from PGIM Real Estate will pay off construction debt and closing costs while returning capital to LPC. Chicago's industrial market

Rail carload and intermodal volumes in the United States saw gains for the week ending September 23, according to data from the Association of American Railroads (AAR). Carloads increased by 4.7% annually, with several commodity groups experiencing growth. Intermodal containers and trailers also saw a 1.2% increase. Overall,

Furniture retailer Mitchell Gold Co., which sells its products through various channels including RH, has shut down unexpectedly due to cash shortages. This has caused disruptions in the company's supply chain, with providers like Ryder and Furniture USA being unable to deliver products that customers have already paid

Coast Guard officials emphasized the need for utilizing the Defense Logistics Agency (DLA) to the fullest extent during a partnership day meeting. As the Coast Guard faces increasing demands and a changing global political environment, they are tasked with expanding their presence worldwide and assisting other countries in developing their

As the possibility of a US federal shutdown increases, Freightwaves explores how it would affect federal agencies involved in supply chains. The Federal Maritime Commission (FMC) and Surface Transportation Board would mostly shut down with furloughs expected for staff, while agencies overseeing US road traffic would continue as usual. In

Barilla Deputy Chairman, Paolo Barilla, recently welcomed employees from the Logistics Readiness Center Italy and U.S. Army Garrison Italy to the Barilla pasta factory in Parma. The visit included a presentation by Barilla, a tour of the factory, and a pasta lunch. Barilla, founded in 1877, has become a

As the government faces potential shutdown, the aviation and logistics industries express concerns over the consequences for commerce. While airlines and ports will continue to operate, shortages of workers and reductions in processing efficiency could lead to delays for travelers and shipments. The Federal Aviation Administration warns that more than

Viva eCom Group, the eCommerce branch of Viva Wine Group, is opening a new warehouse in Germany to centralize its European e-commerce logistics. The warehouse, developed by VGP Group, spans 12,000 sqm and will be used as the company's headquarters. Viva eCom aims to improve efficiency in

BlackRock, the investment management company, has begun the process of selling British Airways' headquarters in West Midlands for £1 billion. The multi-let asset spans 785,000 sq ft. In other news, DTZ Investors has acquired Coventry Logistics Park for £140 million, and Signa has sold the Berlin property, home

Reysaş Logistics, a leading logistics company in Turkey, faces challenges as an investment due to high inflation in the country and a lack of information provided to English-speaking investors. While there is potential for long-term growth in Turkey's manufacturing and export sectors, the company requires significant effort to

A recent report by ShipStation examined holiday season online shopping preferences from both consumer and merchant perspectives. The report found that 60% of US consumers and 57% globally plan to do most of their 2023 holiday shopping online. Online shopping allows consumers to compare prices and access a wider range

The US Federal Trade Commission (FTC) has filed a lawsuit against Amazon, accusing the company of overcharging customers and independent sellers on its platforms. The FTC alleges that Amazon has a monopoly in the online superstore market, controlling 77% of the market in 2021. They also claim that Amazon uses

The global defense logistics market is seeing continued growth despite the COVID-19 pandemic. The industry is focusing on innovative solutions and collaborative approaches to overcome supply chain challenges. The deployment of troops in humanitarian missions and the increasing need for real-time information and situational awareness are driving the growth of

Agunsa, a Chilean logistics operator, has acquired ESBO Logistics, a multi-channel logistics operator in Catalonia, Spain. The acquisition will give Agunsa access to the European logistics market. ESBO Logistics has three offices in Catalonia and operates with innovative technology, including the use of the Exotec robotic automation system. Agunsa sees

At a recent forum hosted by Prologis, AI was discussed as an important theme. The CEO of The Home Depot, Ted Decker, stated that AI is a significant evolution in data capture and that it is driving various aspects of their business, such as search, customer care, and marketing. Prologis

Eighteen transitioning U.S. Army service members have completed a logistics training program offered by Savannah Tech in partnership with Heroes Make America and STC's Economic Development continuing education division. The program included training in the logistics industry and job search skills. Nine participants have accepted job offers,

The North Texas Food Bank has received a $100,000 grant from Link Logistics for infrastructure improvements and food purchases. The grant will fund improvements at the warehouse and provide support to Crossroads Community Services. It will also allow the purchase of shopping carts for the Community Market in South

The global Green Logistics Market is projected to experience significant growth, with a projected CAGR of 8.3% from 2023 to 2032. This growth is attributed to the rise in environmental regulations and legislation worldwide. Green logistics focuses on minimizing the environmental impact associated with logistics operations. Key strategies include

The sudden closure of furniture company Mitchell Gold has left its supply chain in turmoil, with millions of dollars worth of products being held in warehouses as providers await payment. Ryder, a logistics company, has filed a letter with the court stating that it is owed $200,000 in delivery

Transportation and logistics company Watco has opened a new warehouse in Springdale, Arkansas. The 185,000-square-foot warehouse is currently at 60% capacity and will serve customers in domestic and international logistics. The building will also house a technology lab set to open in 2024. Watco executives have stated that they

UPS is acquiring MNX Global Logistics, a global logistics provider, to meet the growing demand for time-critical and temperature-controlled services in the healthcare industry. The terms of the deal were not disclosed, but it is expected to close by the end of the year. MNX CEO John Labrie believes that

There is a demand for accurate geospatial data and mapping technologies, but the lack of interoperability in location data is costing the industry millions of dollars. Location data should be more accessible and easier to use, similar to how standard shipping containers revolutionized the global logistics industry. Standardizing how location

Kinaxia Logistics has acquired Nelson Distribution, saving all 170 jobs at the company. Nelson Distribution, based in Derbyshire, saw its parent company file a notice to appoint an administrator before the takeover. Kinaxia has acquired the trade and assets of Nelson Distribution, including its fleet, premises, and customer base. The

Manufacturers are facing challenges in managing their supply chains since the COVID-19 pandemic. These issues not only impact profitability and reputation but also contribute to greenhouse gas emissions. Consumers and lawmakers are demanding greater transparency and sustainability in supply chains. Intelligent supply chains can help achieve net-zero goals by maximizing