Diesel prices head up to start 2018, reports EIA

By LM Staff · January 3, 2018 Due in large part to cold weather throughout many parts of the country, the average price per gallon of diesel gasoline saw a significant increase this week, according to data issued by the Department of Energy’s Energy Information Administration (EIA). Rising 7 cents, the average price per gallon […]

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Report states that Home Depot expressed interest in acquiring XPO Logistics

Late last month, a report published in Recode indicated that two giants from different sectors, retailer Home Depot and global freight transportation and logistics services provider XPO Logistics, may be future teammates, with the report saying that Home Depot “held internal discussions in recent months about a potential acquisition bid for XPO. While neither company […]

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Industrial and supply chain real estate expected to soar in 2018

Compared to “trophy” office skyscrapers, warehouses and distribution centers were once the ugly ducklings of commercial real estate. Fast forward a decade and they are emerging as beautiful swans for both real estate investors and corporate occupiers. Low vacancy rates and high demand for warehouse space are forming perfect conditions for the sector in 2018, […]

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Heavy holiday sales continue to drive 3PL reverse logistics activity, says CBRE

As online shopping, or e-commerce, becomes an ever-growing piece of holiday retail sales, so, too, does the commensurate returns, or, reverse logistics, activity. That outlook becomes even more clear, when considering that retailers’ efficiency in limiting and handling returns bought online could be as much as $32 billion in 2017, according to recent research published […]

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project44 introduces rail visibility API

Following a November rollout of a new truckload visibility offering designed to enable a smarter information flow across shippers’ supply chains, Chicago-based project44, a technology services provider offering standardized secure Web service API (application programming interfaces) integrations enabling 3PLs and shippers to connect with carriers in real time, is taking the same approach for freight […]

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