MULTIMODAL: Dow Jones Transportation Index Dow Jones Transportation index rose 6.1% during the month of January. (Stock performance of twenty large, well-known U.S. companies in the transportation industry, average of January 10th thru February 10th) NASDAQ Transportation Index NASDQ Transportation index increased 1.9% in January. (Average share weights of NASDAQ-listed companies classified as transportation companies,… Read more »
Affiliated Warehouse Continues to support Memorial Sloan-Kettering Cancer Center
Affiliated Warehouse Companies, Inc. in honor and memory of my father Jim McBride, our past leader and mentor that built and ran our company for over 42 years that passed from cancer over two years ago, we continue to support Memorial Sloan-Kettering Cancer Center with an annual donation. Please see attached letter congratulating us for… Read more »
Interstate Warehousing Double Expansion Adds to Facilities in Indiana and Illinois
Interstate Warehousing has finished the Phase IV expansion at its Indianapolis (Franklin), IN cold storage facility. The company, part of the Tippmann Group, has also completed an expansion of its warehouse in Joliet, IL. The 140,000 sq. ft. expansion brings the total size of that facility to 568,000 sq. ft. Originally constructed in 2005, it… Read more »
Henningsen’s Tony Lucarelli New Head of World Group (freezer client)
Tony Lucarelli, executive vice president of Henningsen Cold Storage, Portland, OR has been elected president of the World Group, a strategic partnership of independent North American frozen and refrigerated logistics and warehousing companies. Luis Jorba, chief executive officer of Frialsa Frigorificos, Mexico City, Mexico, was elected vice president. The new secretary is Stan Bigford, chief… Read more »
DOCK WORKERS AGREE TO NEW CONTRACT ELIMINATING STRIKE CONCERNS
The International Longshoremen’s Association agreed to a new labor contract, ending 11 months of negotiations and eliminating the risk of the first Eastern port shutdown since 1977. The union and the U.S. Maritime Alliance, which represents container-carrier companies, struck a tentative agreement. A dispute over the payouts drove the union to the brink of a… Read more »
Economic Development Projects in Boone County, Kentucky – Verst Group Logistics
Boone County had more new economic development projects than any metropolitan area of comparable size in the country in 2011, according to the Northern Kentucky Tri-County Economic Development Corporation. A total of 18 economic development projects were announced in Boone County in 2011. The Cincinnati/Middletown region ranked sixth nationwide, with 114 economic development projects in… Read more »
Elijah Ray and Bill Gates Join the Team at Sunland Distribution
Two global logistics industry giants, Elijah Ray and Bill Gates, have recently joined Sunland Distribution, Inc. Previous CSCMP President and a former Senior VP in the global division of an international supply chain solutions provider, Elijah Ray has joined the company as Sunland’s new EVP of Client Solutions. Ray has dedicated over 25 years to… Read more »
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