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Industry News

Microsoft Corp. moves to purchase the professional networking company, LinkedIn, for $26.2 billion.

Executive News Snippets

 

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Tuesday
Jun282016

Amazon.com

Amazon plans to build a 600,000-square-foot distribution center in Braselton, Ga., about 50 miles from Atlanta

Friday
Jun242016

Roadie

Roadie, a startup that allows commuters and other drivers to make deliveries, received $15 million in funding.

Wednesday
Jun222016

FedEx Corp.

FedEx Corp. faces fines of up to $1.6 billion over federal charges it knowingly transported illegal prescription drugs

Monday
Jun202016

Starbucks Corp.

Starbucks Corp. named Hans Melotte, former chief procurement office at Johnson & Johnson, as its executive vice president for global supply chain.

Thursday
Jun162016

Echo Global Logistics Inc.

Freight broker Echo Global Logistics Inc. is getting back into the mergers-and-acquisitions market after a year-long pause.

Tuesday
Jun142016

Unemployment Benefits

The number of Americans filing new applications for jobless benefits declined last week

Friday
Jun102016

Anheuser-Busch & Starbucks

Anheuser-Busch InBev NV and Starbucks Corp. agreed to have the brewer distribute and possibly produce Starbucks tea in the U.S.

Wednesday
Jun082016

Wal-Mart Stores Inc.

Wal-Mart Stores Inc. says it will start using drones to monitor warehouse inventories next year.

Tuesday
Jun072016

Atlanta, Georgia

Developers built more warehouse space in the Atlanta region in the first quarter than at any time since 2006.

Thursday
Jun022016

U.S. Airlines

U.S. airlines expect a record 231.1 million passengers to fly this summer, 4% more than last summer.

Tuesday
May312016

Polymer Logistics NV

Polymer Logistics NV has named Fred Heptinstall as CEO of its North America business, effective July 1.

Friday
May272016

General Electric

General Electric said Monday it made a series of deals with Saudi Arabia worth over $1.4 billion as part of the kingdom’s ambitious plan to wean itself off crude oil.

Wednesday
May252016

Werner Enterprises Inc.

Trucking operator Werner Enterprises Inc. said Derek Leathers has been promoted to chief executive, replacing company founder Clarence Werner, who will remain executive chairman.

Monday
May232016

Sports Authority Inc. 

The massive sporting goods retailer has announced that it will close all 463 stores this summer and lay off approximately 14,500 people as they begin liquidating the company.

Thursday
May192016

Sharp Corp.

Sharp Corp. announced sweeping management changes and more job cuts as part of the takeover of the electronics giant by Taiwan’s Foxconn.

Tuesday
May172016

Amazon.com

Amazon is on pace to become the largest apparel retailer in the U.S. next year.

Friday
May132016

Total Quality Logistics

Freight broker Total Quality Logistics is opening a Greenville, S.C., office that will employ 75 people.

Wednesday
May112016

California Truckers

More California truckers are calling for dedicated truck lanes on highways from ports to inland distribution centers.

Monday
May092016

IKEA International

IKEA International A/S has started building a 1.3 million-square-foot distribution center in Joliet, Ill., to serve the Midwest.

Thursday
May052016

Caterpillar Inc.

Caterpillar Inc. will close five U.S. plants and shed about 820 positions, cutting production under a plan to close or consolidate about 20 facilities through 2018.