Logistics
Business, Logistics

Keg Logistics Sold From One Private Equity Firm to Another

Bregal Sagemount has sold its stake in Keg Logistics to Seaport Capital in a deal between middle-market private equity firms.

Transport Topics
July 21, 2017
Business, Logistics

Coyote Logistics to Open Atlanta Office, Add 325 Jobs

Coyote Logistics Coyote Logistics

Coyote Logistics will open a 48,000-square-foot office in northeast Atlanta and create 325 jobs, spending more than $6 million.

Transport Topics
July 21, 2017
Business, Logistics

J.B. Hunt Purchases Special Logistics for $136 Million; Deal to Boost Final-Mile Deliveries

J.B. Hunt logo Luke Sharrett/Bloomberg News

J.B. Hunt Transport Services Inc. announced it will acquire Houston-based Special Logistics Dedicated for $136 million.

Ari Ashe | Staff Reporter
July 21, 2017
Government, Business, Equipment, Logistics

Canadian Pacific Railway Sees End of the Line for Government-Owned Grain Cars

Canada rail yard Roy Luck/Flickr

Canadian Pacific Railway Ltd. is ready to buy its own grain cars, sidelining 6,000 government-provided ones from the 1970s that are no longer up to the job.

Frederic Tomesco | Bloomberg News
July 20, 2017
Business, Logistics, TCA

Amazon Fulfillment Center Planned Near Cleveland, on Former Mall Site

Amazon warehouse Michael Nagle/Bloomberg News

An Amazon.com fulfillment center could bring more than 1,200 jobs to the long-ailing village of North Randall, Ohio. Across the country, the e-commerce giant is disrupting the traditional retail business and contributing to shopping malls’ struggles. In Northeast Ohio, though, Amazon is literally replacing them. The North Randall project, an 855,000-square-foot building, would occupy approximately 69 acres of the former Randall Park Mall site.

Michelle Jarboe | The Plain Dealer (Cleveland)
July 20, 2017
Government, Safety, Logistics, TCA

Leaving NAFTA, Imposing Tariffs Would Drive Up Vehicle Prices, Study Shows

Border-crossing trucks and sign Sam Hodgson/Bloomberg News

While a proposed border adjustment tax on goods including cars and trucks appears to have been pulled off the political stove by House Republicans, the North American Free Trade Agreement is still on a burner.

Jenny King | Chicago Tribune
July 20, 2017
Government, Logistics, TCA

Pennsylvania Turnpike Will Hike Tolls for Each of the Next 27 Years, Driving Away Users, Analyst Says

Pennsylvania turnpike toll Mark Danielson/Flickr

The Pennsylvania Turnpike Commission’s ninth straight annual toll increase, approved by its board July 18, helps pay for turnpike operations, plus the highway’s $500 million annual capital budget and $450 million for mass transit systems, including SEPTA.

Joseph N. DiStefano | The Philadelphia Inquirer
July 20, 2017
Business, Logistics, TCA

Mack’s Second-Quarter Orders Surge 58%

Mack truck hood ornament Steve Byrne/Flickr

For the second consecutive quarter, Mack Trucks delivered fewer trucks than a year ago but received a surge in orders, as a result of an active construction segment and slowly improving freight environment in North America.

Jon Harris | The Morning Call (Allentown, Pa.)
July 19, 2017
Business, Logistics

Analysis: CSX Profit Chugs Along, but Could Come at a Price

CSX railcar Stanley Forthright/Flickr

CSX Corp. investors who endorsed a massive pay package to bring railroad wunderkind Hunter Harrison on board as CEO are already seeing the payoff. The question is, at what cost?

Brooke Sutherland | Bloomberg News
July 19, 2017
Business, Logistics, TCA

Million Square-Foot Distribution Center in Detroit to be Redeveloped — Reportedly for Amazon

Forklift in empty warehouse alexey05/iStock

Up to 1,000 jobs could be coming to Shelby Township, Michigan through the development of a more than 1-million-square-foot distribution center at a former automotive electronics supplier site.

Christina Hall | Detroit Free Press
July 19, 2017

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