Distribution

Modex just keeps getting bigger and bigger every year, and 2024 is no exception.

Total estimated 2023 global 3PL market revenue was off 18.5% annually, coming in at $1.2 trillion. But even with that decline, the firm observed that this tally still represented a 25.3% increase, when compared to pre-pandemic 2019.

The company’s expansion in Nashville is part of an ongoing effort to invest in its facility infrastructure and demonstrate its commitment to its customers, its associates and its future, adding that Averitt wants to be on the leading edge when it comes to technology, equipment and facilities.

With its new Texas DC, the world’s largest distributor of alcoholic beverages has built one of the most automated facilities in its network and continues to lead the way in automation adoption.

Fast-forwarding nearly six months later to this week, it appears that the transaction will now come to fruition, with Forward Air saying that the terms of the agreement have been amended.

This new Bangor facility will extend access to Pyle’s LTL, warehouse and distribution and dedicated freight capabilities, in turn providing the company with the ability to serve more customers in the Bangor area. In tandem with its Portland, Maine-based LTL service center, the addition of this facility enables A. Duie Pyle to provide more comprehensive, full-service center coverage throughout Maine, the company said.

More companies are moving to reduce their sourcing exposure to China, finds AlixPartners survey.

Quick and reliable drayage solution saves retailer thousands on demurrage fees. Download case study to learn how PITT OHIO stepped in to help.

In its “U.S. Industrial Q3 2023” report, CBRE found that third quarter construction starts saw a 37% decline, from the second quarter to the third quarter, and a 64% annual decline, to 40 million square-feet (MSF), which CBRE said lowered the under-construction total, for the third consecutive quarter, to 479 MSF.

The problem of profitable CPG distribution is too large and complex for human analysts to solve, but there are solutions available such as flexible order management and strategic product allocation.

A sure sign that the holiday season getting closer each day are the respective announcements made by carriers, transportation and logistics services providers, and shippers alike, announcing their “help wanted” signs have been hung, as they look for seasonal workers.

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Greenville, Tenn.-based asset-light freight and logistics services provider Forward Air and Dallas-based Omni Logistics, an asset-light, high-touch logistics and supply chain services provider owned by Ridgemont Equity Partners, announced today they will join forces, with the companies having entered into a definitive agreement to create a combined company through a cash-and-stock transaction.

This expansion allows Averitt to meet increased demand and support the growing volume of cargo in and out of the Port of Charleston. The facility is located at 7749 Palmetto Commerce Parkway in North Charleston.

A. Duie Pyle said this new facility will add warehousing and distribution, consolidation, deconsolidation and integrated solutions, including load consolidation and final mile dedicated services, for its regional network.