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Logistics
Lineage Logistics, LLC | April 18, 2022
Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading and most innovative temperature-controlled industrial REITs and logistics solutions providers, announced it has signed a definitive agreement to acquire VersaCold Logistics Services (“VersaCold”), a leading cold chain solution provider in Canada, from TorQuest Partners (“TorQuest”) and its co-investment partners, The Investment Management Corporation of Ontario (&...
Supply Chain
Overhaul | June 10, 2021
Overhaul, the world's first and only software-based supply-chain visibility, integrity, and security solution for the world's largest brands, announced a $35 million Series B fundraising round. Macquarie Capital is leading the latest round, with Edison Partners and Avanta Ventures also investing (the venture arm of CSAA Insurance Group). Overhaul intends to use the investment to accelerate its plan for further optimizing its current category-creating products. Overhaul, fo...
MHI | July 28, 2020
MHI announces the release of the third in a series of U.S. Material Handling & Logistics Roadmaps. The report, titled “Transformation Age: Shaping Your Future” and developed in collaboration with Burchette & Associates, Inc., provides insights into key trends and technologies that will impact the success of supply chains over the next 10 to 20 years.Because the trends covered in the report have been so deeply impacted by COVID-19, a special section focusing on the pande...
Wayfair | August 06, 2020
Wayfair dramatically reversed its trend of quarterly losses in the hundreds of millions in the second quarter when pandemic-driven online home spending ratcheted up the company's immense and admittedly underutilized logistics network, reported executives Wednesday. The company posted $274 million in net income in Q2 after losing $286 million in Q1 and more than $1 billion 2019.The e-tailer reported an 83% year-over-year increase in net revenue in Q2 while doubling the wholesale dollars...
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