ProPallet - Professional Pallet Management

Supply Chain Dive | January 27, 2020

Supply and demand for industrial warehouse space will increase in lockstep through 2021 as North American square footage dedicated to warehousing increases, but vacancy rates hold at roughly 5%, predicted Cushman & Wakefield in a report released Friday. In 2019, industrial real estate supply caught up with booming demand created by the swift expansion of e-commerce, reversing a nine-year trend of undersupply. Cushman & Wakefield pegs North American vacancy at 4.6% for the whole of 2019. ...

Blue Yonder, Panasonic | April 26, 2021

Panasonic Corporation announced today the acquisition of Blue Yonder, the leading end-to-end digital fulfillment platform provider. Panasonic will buy the remaining 80% of Blue Yonder's shares (for USD5.6 billion), contributing to the 20% it purchased in July 2020. The added investment, including debt repayment, amounts to USD7.1 billion, valuing Blue Yonder at USD8.5 billion. Panasonic and the existing shareholders New Mountain Capital and funds managed by Blackstone signed an agreement tod...

Girteka Logistics | June 19, 2020

Novigo has signed a contract with Girteka Logistics for the digital transformation of its transportation operations with SAP S/4HANA. Under the agreement, Novigo will help Girteka Logistics to raise its digitalization and innovations with moving their processes to a new level.The goal of the project is to further support and accelerate Girteka Logistics growth strategy with a new state-of-the art digital transportation management platform.“Novigo will help improve the company&r...

Roads & Bridges | February 11, 2020

The Trump administration this week released its FY 2021 budget, which includes a proposed $1 trillion in transportation infrastructure investments. The president's budget also requests $21.6 billion for the U.S. DOT in discretionary budget authority for 2021, which is a $3.2 billion (or 13%) decrease from the 2020 enacted level. According to a report from the Washington Post, the budget also cuts more than $2 billion in highway infrastructure funds and more than $500 million in transit grant...