FedEx Express has opened a new air gateway in Adelaide to support surging airfreight demand out of South Australia. The new facility is part of a planned logistics hub on the east side of Adelaide Airport and features enhanced sorting and storage capabilities. The FedEx Adelaide South Australian gateway spans approximately 689,000 square feet, more…
Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers sponsored by real estate investment firm Platform Ventures, has entered into an agreement to purchase MWCold, which operates more than 545,000 square feet of warehouse space at two facilities in central Indiana. Terms of the transaction were not disclosed. The MWCold Indianapolis warehouse is…
Canadian Pacific Kansas City (CPKC) railroad is expanding its Mexico cross-border capacity with the addition of 1,000 53-foot refrigerated intermodal containers. The expansion is designed to offer more options to shippers using the company’s recently started Mexico Midwest Express (MMX) daily premium single-line intermodal rail service running between the U.S. Midwest and Mexico. MMX debuted…
Daimler Truck AG and Toyota Motor Corp. plan to merge their Mitsubishi Fuso Truck and Bus Corp. and Hino Trucks Ltd. units to save money on advanced technology development and create a globally competitive Japanese commercial vehicle manufacturer. Details of the merger, including what share each company would control, are pending. The transaction is expected…
Alberta will be lifting and replacing seasonal axle weight restrictions on numerous roads in the province on June 1. The unofficial list can be accessed here. Municipalities have road bans […]