UPS and the Teamsters Union announced a tentative agreement had been reached on a new five-year union contract, averting a potential strike.
The State of California announced $1.5 billion of funding to modernize the state’s Ports, reduce pollution, and eliminate bottlenecks towards creating a more dynamic distribution network.
A tentative agreement on a new six-year contract covering U.S. West Coast Ports was announced by the ILWU representing 22,000 workers, and the PMA representing 29 U.S. West Coast Port Terminal Operators.
CBRE, reports that in 2022, 3PL firms leased more big-box warehouses and distribution centers in North America than any other type of occupant.
The U.S. Surface Transportation Board (STB) approved the combination of the Canadian Pacific (CP) and Kansas City Southern (KSC) Railroads.
Real Estate Developer Highland Fairview announced plans for the largest planned logistics and business park in North America to be underway in the SoCal Inland Empire.