Category Archives: warehouse

FORWARD AIR AND OMNI LOGISTICS SEAL BUSINESS MERGE

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Forward Air completed its acquisition of Omni Logistics recently after the expedited surface transportation provider and global freight forwarder reached a newly agreed upon merger agreement. Plans for the merger were announced last August, but were put on a hold by a series of fights between activist investors, shareholders and the companies themselves. The deal will now allow the two companies to integrate their international and North American operations, adding more high-value freight into Forward’s less-than-truckload (LTL) network. Read more…

UNIVERSAL LOGISTICS TO INVEST 50 MILLION IN GREATER ROANOKE AREA

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Universal Logistics is expanding in the greater Roanoke area with a new industrial building located on Lee Highway in Botetourt County, creating 45 new jobs. Universal’s CEO Tim Phillip states: “our expansion in the Roanoke region represents an exciting phase for Universal’s heavy truck division as we fortify our commitment to delivering top-tier services within the logistics and transportation sectors… our investment not only signifies our dedication to growth, but also underscores our pledge to contribute meaningfully to the local economy while creating employment opportunities for the community.”Read more…

DRIVER SHORTAGE REACHING CRITICAL STATE

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There is a major truck driver shortage happening at the moment, and it’s predicted to reach a record high next year, which in turn will have a massive impact on supply chain costs. With that being said, it’s now more important than ever for trucking companies to incentivize the job and to obtain more than one million new drivers over the next decade to replace those planning to leave the industry. Read more…

THE UPS AND DOWNS OF THE LOGISTICS INDUSTRY IN 2023

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As 2023 nears its end, looking back may require sifting through many negatives of the past 12 months in logistics such as “strikes, bankruptcies, security incidents, weather events,” and more, but there are also many positives that stand out as well. It’s clear that the logistics industry “is an incredibly connected network of companies and individuals who are extremely passionate” and “will work countless hours to move this industry forward.” Read more…

EXPLAINING WAREHOUSE EMPLOYMENT LOSSES IN THE INLAND EMPIRE

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With the logistics industry continuing to play an increasingly large role in the Inland Empire, including the region becoming the “warehouse capital of the world,” it is all the more curious that the industry “has experienced employment losses of over 20,000 jobs (7.1%) since December 2021. This significant decline is both worrisome and puzzling as it is unique to the Inland Empire,” as “the U.S. overall saw growth in this industry during that time.” Read more…