Prologis, one of the world’s largest real estate investment trusts, said it has been trying to acquire Indianapolis-based Duke since November. Duke said in a written statement issued Wednesday that those buyout efforts simply haven’t been good enough.
In a public letter, Prologis CEO and co-founder Hamid Moghadam said his San Francisco-based company has been trying to acquire Indianapolis-based Duke quietly without luck since late November and decided to make the effort public.
It should come as no surprise that pandemic-related supply chain challenges have also had a major impact on the life sciences industry.
New York City-based PCA Group’s clients include beauty brands such as Rebecca Minkoff, Derek Lam, Monique Lhuillier, Rachel Zoe, and FILA.
Walmart said 957 of the people employed at the facility have accepted new jobs with the company, while 1,132 “have not accepted alternative positions.”
Both the House and the Senate have passed major legislation on the matter, and the effort is one of lawmakers’ final opportunities before the November elections to show voters they are addressing the nation’s strained supply chains.
Bell’s Brewery Inc., founded in Comstock, Michigan in 1985, was the largest independently owned brewery in Michigan until being sold at the end of last year. It is known for its Two Hearted Ale, Hopslam Ale and Oberon Ale.
Trucks containing household goods, car parts and other shelf-stable goods have been delayed, tangling up supply chains that involve hundreds of thousands of jobs on both sides of the border.
In a notice sent to sellers Wednesday, the company said its costs had gone up since the beginning of the pandemic due to increases in hourly wages, the hiring of workers and construction of more warehouses.
One of the busiest trade ports on the U.S.-Mexico border remained effectively closed Wednesday as frustration and traffic snarls mounted over orders by Texas Gov. Greg Abbott requiring extra inspections of commercial trucks.
State officials have chosen the “Alternative P” route over several other options as the preferred route of a proposed highway that would run from the Ohio River to Interstate 69, linking small southern Indiana communities to I-69.
Direct Connect Logisticx has added 70 employees through its acquisition of locally-based Hoosier Logistics and said it expects to add another 100 over the next year.
If a majority of Amazon workers votes yes in either Bessemer or Staten Island, it would mark the first successful U.S. organizing effort in the company’s history.
Amazon is gearing up for its toughest labor fight yet, with two separate union elections coming to a head as soon as next week that could provide further momentum to the recent wave of organizing efforts across the country.
Until the company determines whether or not the massive distribution building can be salvaged, Walmart will rely on its other 45 or so e-commerce fulfillment centers across the United States to complete orders.
The plan largely ignores White House calls to replenish the mail-service fleet with electric vehicles and has drawn sharp criticism from the Biden administration, Democratic lawmakers and environmentalists.
With its growing staff, Indianapolis-based logistics firm Spot Freight plans to expand into the recently-renovated Capital Center.
For trucking fleets—which move 70% of the U.S.’s freight tonnage—the sudden jump in prices is set to hurt smaller operators who have to cover the extra fuel cost on the spot and wait for surcharges to be reimbursed, American Trucking Association Chief Economist Bob Costello said.
The proposal released Monday by the Environmental Protection Agency would require the industry to cut nitrogen oxide emissions by up to 90% per truck over current standards by 2031.
Plans call for the $60 million Building V to be 753,000 square feet, expandable up to 1.1 million square feet. It is expected to be completed in November and suited for distribution, light manufacturing and assembly.
