The Miami-Dade Aviation Department (MDAD) convinced LAN Cargo to build its first U.S. maintenance facility at Miami International Airport. The $23.9m project is expected to create more than 300 jobs in the first five years.
Auto parts supplier ADVICS Manufacturing Ohio Inc. of Lebanon plans to invest $100m in a building expansion and new equipment, the company's single largest investment in its 25-year history in Warren County, company officials tell this newspaper.
IndoSpace Logistics Parks Ltd, which develops industrial real estate and warehouses, said it has closed its second fund called IndoSpace Logistics Parks II (ILP II) at $330m.
The Home Depot's ongoing supply chain transformation last year included the opening of 20 new distribution centers, improved inventory turns and lower costs, all achieved while supporting double-digit growth. Charles Armstrong, vice president of supply chain distribution, highlights these accomplishments.
Two reports released by the World Bank provide new insights on Vietnam's freight logistics sector, including inland and coastal waterways, highlighting that it can be a new driver of growth for the country.
The boom in e-commerce and the rising use of the internet will bring boom-time conditions to the industrial property sector in Australia in the coming year, according to logistics leasing experts.
Corporate extortion is likely to keep booming in 2014, and we don't mean extortion of corporations, as is practiced by Somali pirates or entrepreneurial Russians. We mean extortion by corporations.