retail logistics

Maersk adds LF Logistics to supply chain portfolio

A worker moves boxes on a handcart after unloading from a white LF Logistics van.

Ocean shipping goliath A.P. Moller – Maersk announced Wednesday it has finalized the acquisition of LF Logistics, a Hong Kong-based contract logistics company, specializing in omnichannel fulfillment services, e-commerce and inland distribution in the Asia-Pacific region, for an enterprise value of $3.6 billion.

LF Logistics operates an extensive Asian network with 10,000 people, 223 warehouses and fulfillment centers in 14 countries totalling 29 million square feet. It is majority owned by Li &...

https://www.freightwaves.com/news/maersk-adds-lf-logistics-to-supply-chain-portfolio

Retail consolidation keeps shippers compliant with retailers’ new requirements

RJW Group truck on highway in mountains

A recent webinar hosted by Illinois-based RJW Logistics Group addressed what so many panicked shoppers discovered at retail stores across the country this spring and summer: empty shelves and inventory shortages. If a brand was out of stock, the consumer had no choice but to buy another brand — and perhaps stockpile it. 

In response to these supply chain disruptions and low in-stocks, Walmart released a memo Sept. 1 telling its suppliers that shipments must achieve 98% on-time and in-full (OTIF)...

https://www.freightwaves.com/news/retail-consolidation-keeps-shippers-compliant-with-retailers-new-requirements

Amazon to build giant central Texas fulfillment center

New Amazon fulfillment center in Texas

Online retail logistics services giant Amazon (NASDAQ: AMZN) said it will start construction of a new fulfillment center in the central Texas city of Pflugerville, a suburb 18 miles northeast of the state capital, Austin.

The company plans to open the facility in 2021 and will hire about 1,000 new employees. Robotic systems will also be used to pick, pack and ship small items to customers, such as books, electronics and toys.

Amazon’s Pflugerville fulfillment center will be located off State...

https://s29755.pcdn.co/news/amazon-to-build-giant-central-texas-fulfillment-center