September is typically a busy month for West Coast imports as American businesses bring in their year-end holiday merchandise. Not in the year 2022. During the Great Recession, the Port of Los Angeles posted its lowest September import total since 2009. The day before, the adjacent Port of Long Beach...
Foodliner’s parent company purchases a tank transportation unit from Bay and Bay.
Carrier increases its reefer business by acquiring a facility in Indiana. Bay and Bay announced the sale of its tank trucking division to the McCoy Group, parent company of Foodliner and Quest Liner, which together form the largest food-grade bulk fleet in the United States. Foodliner, based in Dubuque, Iowa,...
According to the analysis, warehouse rentals near cargo airports are skyrocketing.
According to a new CBRE analysis, rising expectations for the speedy delivery of high-value products have boosted demand for near-airport warehouses and forced tenants to pay significant rent premiums compared to comparable industrial properties in large metropolitan areas. According to the Dallas-based commercial real estate services and investment firm, average...