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Lineage Logistics | September 19, 2020

Lineage Logistics raised $1.6 billion in new equity for business growth and to continue its investment in technology and automation, according to a Tuesday press release. The cold storage provider will use the equity in part to fund future M&A, adding to its growing list of recent acquisitions and in response to the global demand for cold storage. Lineage Logistics also announced new arrivals to its board — all with extensive experience in real estate investment and management, tipping...

3PL Central | September 18, 2020

3PL Central, the leader in cloud-based Warehouse Management Systems (WMS) built to meet the unique needs of third-party logistics (3PL) warehouses, launched a new $2,500 scholarship today aimed at supporting education for college students currently enrolled in Supply Chain and Logistics programs. The 3PL Central Supply Chain Scholarship aims to give aspiring logistics and supply chain professionals financial support during their educational journey. It also intends to inspire new ideas for the s...

Maersk | September 17, 2020

Maersk and Canadian Pacific will build and operate a transload and distribution facility in Vancouver, British Columbia, according to an announcement Tuesday. It is slated to be operational in 2021. Canadian Pacific will shuttle containers to and from port terminals, taking the reliance off of trucks, according to the announcement. And because the facility will be an expansion of Canadian Pacific's intermodal center, the rail infrastructure is already in place, Maersk said. "We can now ...

Walmart | September 16, 2020

Walmart is partnering with Schneider Electric to make renewable energy more accessible to suppliers. This move is part of the retailer's Project Gigaton effort to reduce it's supply chain emissions by one billion metric tons by 2030. The initiative with Schneider Electric's Energy & Sustainability Services, titled Gigaton PPA (power purchase agreements), seeks to educate suppliers on their renewable energy options and help them through conversion — a process Walmart's S...