warehouse logistics

Zebra Technologies unveils 2 warehouse offerings at Modex 2022

Zebra Technologies launched a new wearable Android computer and ultra-rugged RFID sled at Modex 2022

Zebra Technologies, the maker of tech-enabled solutions for warehouses, distribution centers and other supply chain touch points, announced on Monday a pair of new products geared toward boosting the efficiency of warehouse workers.

The company demonstrated its new WS50 wearable Android computer and RFD90 sled at Modex 2022 in Atlanta, where materials handling companies from around the country and the world gathered to show off the latest in warehouse technology.

The first of the two products,...

https://www.freightwaves.com/news/zebra-technologies-unveils-2-warehouse-offerings-at-modex-2022

The Roaring ’20s are back thanks to ‘bingo wheel’ of disruptions

Few had a Russian invasion of Ukraine on their radar a few months ago, but the conflict in Eastern Europe became just the latest disruption to global markets following a long list of disruptors, from COVID-19 to maritime and trucking capacity constraints, from labor issues to product shortages.

Through it all, logistics providers have worked hard to maintain levels of service that resulted in some semblance of normalcy. Through these times, innovation seems to be prevailing.

“Supply chains are...

https://www.freightwaves.com/news/the-roaring-20s-are-back-thanks-to-bingo-wheel-of-disruptions

GXO makes firm offer for Clipper Logistics

GXO to add Clipper Logistics to portfolio

GXO Logistics announced Monday a firm offer to acquire U.K.-based Clipper Logistics. Terms of the offer are unchanged and if successful, GXO would acquire Clipper for approximately $1.3 billion in a cash and equity transaction.

Under the proposed deal, Clipper (CLG.L.EB) shareholders will receive 920 pence ($12.33) per share, 75% of which would be distributed in cash with the remainder coming from newly issued shares of GXO stock.

GXO (NYSE: GXO) previously announced Feb. 20 that Clipper had...

https://www.freightwaves.com/news/gxo-makes-firm-offer-for-clipper-logistics

Warehouse workers weigh in on automation in the workplace

Breaking down Harvard Business Review's research, which asked warehouse workers and supervisors how they feel about automation

Automation is here to stay, whether warehouse workers like it or not. As of 2019, the market for warehouse automation –– devices that can pick, sort and simplify other tasks for human workers –– was worth around $15 billion, and that could double by 2026.

Conventional wisdom holds that a new wave of robots will render the U.S.’s 1.5 million warehouse and storage employees obsolete, tipping the scales in favor of employers who could theoretically replace their workers with a snap of their fingers.

https://www.freightwaves.com/news/warehouse-workers-weigh-in-on-automation-in-the-workplace

Malaysian logistics company buys Glencore’s metals warehousing business for $177M

Infinity Logistics aquires Glencore's metals warehousing business

In the latest global warehousing bid, Malaysia-based Infinity Logistics and Transport Ventures has agreed to buy Access World — the metals warehousing business of Glencore, the world’s largest commodity trader — for about $177 million.

The purchase represents a marked expansion for Infinity Logistics, which until now made the vast majority of its revenue — about 72% as of June — from customers in Malaysia and Singapore. But with Glencore’s metals warehousing unit now in the fold, Infinity...

https://www.freightwaves.com/news/malaysian-logistics-company-buys-glencores-metals-warehousing-business-for-177m

The state of fulfillment is a mixed bag for retailers

Social media is populated on a daily basis with posts from consumers complaining about their e-commerce deliveries not arriving on time. The good news for those consumers is that the retailers themselves are not completely satisfied with their ability to deliver.

In the second annual Bringg Barometer: “The State of Retail Delivery & Fulfillment 2022” report, 47% of retailers said they were “somewhat satisfied” with delivery windows and 4% said they were dissatisfied. Only 29% felt they were...

https://www.freightwaves.com/news/the-state-of-fulfillment-is-a-mixed-bag-for-retailers

Brookfield partner Elion adds 1.2 million square feet of warehouse space

Brookfield partner Elion is buying over one million square feet of warehouse space

Stop us if you’ve heard this one before — a real estate investment firm is buying warehouses.

Elion Partners, a Miami-based vertically integrated private equity real estate firm and partner of industry leader Brookfield Asset Management, on Monday announced the expansion of its last-mile delivery portfolio, adding 10 facilities that total 1.2 million square feet of warehouse space.

The assets, which span several large U.S. markets including Los Angeles, Miami, Seattle, San Diego and New Jersey,...

https://www.freightwaves.com/news/brookfield-partner-elion-adds-12-million-square-feet-of-warehouse-space

CBRE Investment snaps up $4.9B global logistics real estate portfolio

CRBE Investment Management, a subsidiary of global real estate company CBRE, is buying $4.9 billion worth of logistics real estate

In one of the largest industrial real estate transactions in history, CBRE Investment Management, the investment arm of CBRE Group, the world’s biggest commercial real estate company, is buying up a $4.9 billion portfolio of logistics properties from Hillwood Investment Properties, a real estate business founded by Ross Perot Jr.

The portfolio, which includes more than 57 real estate assets, comprises over 28 million square feet of warehouse space — about 19 million of them are in the U.S., with...

https://www.freightwaves.com/news/cbre-investment-snaps-up-49b-global-logistics-real-estate-portfolio

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