EFW, a freight: Estes Forwarding Worldwide (EFW) announced Monday, 13 March, that it has acquired Legacy Logistics, a provider of trade show logistics and exhibit services. Based in Reading, Pennsylvania Legacy handles trade show, tour, and event transportation, warehousing, and storage. It also handles retailer fixture and display setups. The...
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The CEO of Prologis believes the industry will remain stable.
The CEO of Prologis believes Prologis Inc.'s CEO sees uncontrollable geopolitical challenges hindering its short- to medium-term prospects in the logistics sector. Prologis' business remains strong, with steady demand and diversification across verticals, said Hamid Moghadam at a conference. According to him, supply is moderating even further as rising interest...
Over 25% more trucks are using Texas’ toll roads.
Texas' toll roads: According to the company that operates Texas State Highway 130, truck traffic on the public-private thoroughfare in the Lone Star State increased by 26% last year to 3.2 million transactions. Rise in Total Vehicle Transactions SH 130 Concession Co. recorded 11.42 million vehicle transactions last year, a...