Career Tracks: Blume Global hires CFO

Logistics and supply chain solutions provider Blume Global has hired Tom Williams as its new chief financial officer.

Most recently, Williams led the finance team at Steelwedge as CFO and managed its acquisition by E2Open. Prior to Steelwedge, Williams served as CFO for Evestment Inc., the world’s largest institutional investment database. He has more than three decades of experience in finance, including leadership roles at public companies including Manhattan Associates and Sterling Commerce.

“T...

https://www.freightwaves.com/news/career-tracks-blume-global-hires-cfo

Conversion of retail space to logistics use ‘will be small’ – Prologis

Prologis facility in Jackson, Georgia

In a research report, San Francisco-based real estate investment trust Prologis Inc. (NYSE: PLD) says there are significant headwinds involved in converting retail space to logistics throughput centers.

COVID-19 has forced many traditional brick-and-mortar retailers to further adopt e-commerce solutions, with many looking to transform existing retail stores with low foot traffic into digital fulfillment centers.

However, the report suggests that retail conversions “will be small, amounting to...

https://s29755.pcdn.co/news/conversion-of-retail-space-to-logistics-use-will-be-small-prologis

USPack acquires last-mile delivery, pool distribution firms

Last-mile logistics company USPack continued its mostly under-the-radar consolidation of its segment by acquiring Toledo, Ohio-based Freight Rite, a regional business-to-consumer (B2C) delivery provider.

At the same time, New York-based USPack acquired Gumro & Associates, a nationwide provider of pool distribution and store replenishment solutions. Gumro is based in the Detroit suburb of Auburn Hills, Michigan.

Terms of neither transaction were disclosed. 

The Freight Rite acquisition will push...

https://www.freightwaves.com/news/uspack-acquires-last-mile-delivery-pool-distribution-firms

Geodis opens European market to US e-tailers

Geodis

Europe’s online shoppers continue to desire high-end and specialty American-made products, but the difficult decision of whether to pay for expensive express service or go with cheaper, less definitive shipping through postal services cause many of these sales to fizzle.

That is why third-party logistics services provider Geodis said it has recently launched an e-commerce shipping service that provides a more comfortable price point and transit time between express carrier and postal services.

Geo...

https://www.freightwaves.com/news/geodis-opens-european-market-to-us-e-tailers

Hawaii says ‘Aloha’ to Amazon Air

A light/dark blue Amazon Prime jet at the cargo terminal, with wing tips folded up, as viewed from the side. Amazon Air is opening new airport facilities in Hawaii.

Amazon Air launched cargo operations in Maui and on Hawaii Island last week to help facilitate speedier deliveries for Prime customers.

The retail giant’s two newest regional gateways are at Kahului Airport and Kona International Airport, the company said in a news release shared with FreightWaves that hasn’t been posted on its website. It first announced the start of air cargo operations in a tweet last week.

Amazon’s (NASDAQ: AMZN) in-house airline is now operating daily flights from its...

https://s29755.pcdn.co/news/hawaii-says-aloha-to-amazon-air

Home Depot adds three DCs in Atlanta area

Huge retailer preps for DIY fulfillment demand spike

Home improvement giant Home Depot Inc. (NYSE:HD) announced on Tuesday that it will open three distribution centers in metro Atlanta over the next 18 months as it expands fulfillment and delivery services to professional contractors and what is expected to be an increasingly important do-it-yourself (DIY) customer base.

The largest of the three, a 657,600-square-foot facility, will open in Locust Grove, about 36 miles south of Atlanta, by the...

https://s29755.pcdn.co/news/home-depot-adds-three-dcs-in-atlanta-area

Analysis: Amazon Air and ATSG grow together

Light blue Amazon Prime plane with cargo door open, waiting for a load.

Amazon’s announcement that it will lease 12 all-cargo aircraft from a key contract carrier  demonstrates how the online retail and logistics giant has created a formidable private airline in the span of four years to keep up with the enormous growth of e-commerce.

The additional Boeing 767 freighters will expand Amazon’s (NASDAQ: AMZN) fleet beyond 80 aircraft by the end of 2021, and a new report from researchers at DePaul University in Chicago estimates Amazon Air could have about 200 aircraft...

https://s29755.pcdn.co/news/analysis-amazon-air-and-atsg-grow-together

Ryder expands e-commerce fulfillment network with food-grade capabilities, new locations

Ryder e-commerce

Supply chain and transportation giant Ryder (NYSE: R) announced on May 20 that the company is expanding its e-commerce fulfillment network with new FDA-certifications for food-grade capabilities, as well as adding facilities by utilizing its existing last-mile network. 

Ryder, which provides commercial truck rental, truck leasing, used trucks for sale and last mile delivery services, has long operated large distribution facilities across multiple industry verticals. But a few years ago, the...

https://s29755.pcdn.co/news/ryder-expands-e-commerce-fulfillment-network-with-food-grade-capabilities,-new-locations