Topic
Warehousing
Logistics NDR Group Invests Over ₹2,000 Crore in Warehousing and Industrial Parks Expansion
Chennai-based NDR Group is investing over ₹2,000 crore in warehousing and industrial parks, with 7 million sq ft under construction and a 13 million sq ft pipeline. The company reported a 30% rise in rental income to ₹420 crore in FY26, and is set to receive a $50 million investment from the International Finance Corporation.
Logistics DHL Express Partners with Stasher for World Cup Luggage Storage at U.S. Retail Locations
DHL Express has partnered with Stasher to offer temporary luggage storage at select U.S. retail locations, starting with about 30 sites and expanding to 100 nationwide. The service targets travelers arriving for the FIFA World Cup and allows DHL to generate incremental revenue from existing infrastructure.
Logistics Amazon's £1bn UK Investment to Boost Logistics and Jobs
Amazon is investing £1 billion in the UK, creating 4,000 jobs with new facilities in Northampton and Kettering. This expansion aims to enhance logistics efficiency and support the UK's economy.
Supply Chain Cold Storage Bottlenecks as Gulf Cargo Diverts to India
The diversion of Gulf cargo to India has led to significant cold storage bottlenecks, affecting supply chain operations. This disruption has caused inventory challenges and increased costs for companies relying on timely imports.
Logistics Apollo's $1.4B Fund Boosts Logistics Real Estate
Apollo's affiliate, Bridge Investment Group, has raised $1.4 billion for a logistics real estate fund, surpassing its initial target. This fund aims to acquire and enhance logistics properties in key U.S. markets, driven by e-commerce growth and supply chain modernization.
Supply Chain Haryana Expands Grain Storage to Mitigate Supply Chain Risks
Haryana's initiative to add 20 lakh metric tonnes of grain storage aims to reduce post-harvest losses and enhance food security. This expansion, led by Chief Minister Nayab Singh Saini, will address current storage inadequacies and integrate renewable energy solutions.
Logistics Open Road Ventures Acquires 3PL Double-Stack
Open Road Ventures has acquired Double-Stack Logistics, an intermodal 3PL with a fleet of over 150 containers. This acquisition aims to expand Double-Stack's service offerings and North American presence.
Logistics E-commerce Logistics Providers Boost Capacity in Great Plains
Rush Order and Encore Fulfillment are expanding their logistics capacity in the Great Plains with new facilities in Dallas-Fort Worth and Oklahoma City. This expansion enhances their ability to serve e-commerce clients with faster delivery times.
Logistics Target Opens $367M Food Distribution Center in Colorado
Target has inaugurated a $367 million food distribution center in Thornton, Colorado, aimed at improving supply chain efficiency and product availability for 129 stores across 11 states. This facility, the largest of Target's nine food distribution centers, will expedite replenishment and reduce transportation costs.
Logistics Industrial Real Estate Tightens, Favoring Last-Mile Operators
The industrial real estate market is tightening, benefiting last-mile owner-operators as demand surges and construction slows. Link Logistics reports high leasing volumes, indicating a favorable market shift.
Supply Chain Americold's Strategic Cost Reduction Amid Industry Challenges
Americold Realty Trust has launched a 'Fit for Purpose' initiative to reduce overhead by $25 million annually. This move comes as the cold storage sector faces challenges from food cost inflation and capacity overhang.