TMX INTERMODAL

Business Insider | March 18, 2020

Costco announced Tuesday that it bought logistics company Innovel Solutions from Transform Holdco, the holding company currently operating Sears and Kmart, for $1 billion. In a press release published on the retailer's website, Costco described Innovel as providing its clients like Sears with "'final mile' delivery, complete installation and white glove capabilities for 'big and bulky' products across the United States and Puerto Rico." Innovel was founded in 2014, ...

Procurement and Sourcing

Emergent Cold LatAm | July 07, 2022

Emergent Cold Latin America (Emergent Cold LatAm), the fastest-growing cold storage logistics operator in Latin America, announced today the acquisition of a modern distribution facility located in Recife, Brazil. This acquisition marks Emergent Cold LatAm’s expansion of its operations into the northeast region of Brazil.The new Emergent Cold LatAm site has a building area of almost 20,000 square meters, with 19,900 pallet positions of storage space. It is well-located within the city of R...

Logistics

J&T Express | June 22, 2022

J&T Express ("J&T"), an international express logistics company, announced that it has officially launched its network in Egypt. This is another major step in J&T's expansion in the Middle East North Africa (MENA) region, following the Company's launch of the network in the UAE and Saudi Arabia and announcement of establishing a smart logistics park in Riyadh. This latest expansion brings J&T Express' global network coverage to a total of thirteen countries,...

Maersk | July 22, 2020

A.P. Moller - Maersk, Danone, Mercedes-Benz AG, Microsoft, Natura & Co., Nike, Starbucks, Unilever, and Wipro have formed the Transform to net-zero initiative in partnership with the Environmental Defense Fund and BSR, a global nonprofit organization and consultancy dedicated to sustainable business practices, according to an announcement Tuesday.Citing the climate emergency, member companies have committed to sharing best practices for achieving net-zero emissions across their value c...