Logistics Industry News

Cargo Hauler STG Logistics Files Bankruptcy Following Debt Deal Litigation

Cargo hauler STG Logistics filed for bankruptcy on Monday, following a contentious debt deal that sparked litigation by disgruntled creditors. The company listed debt and assets in the range of $1 billion and $10 billion in court papers filed in…

STG Logistics Files for Chapter 11 Amid Lender Lawsuit

Positive views of IJM's growing industrial forays

PETALING JAYA: Analysts are striking an upbeat tone on IJM Corp Bhd after reviewing the group's three ongoing warehouse-related development projects. “The presence of Maersk's 2.1 million sq ft storage and office site in Section 26, Shah…

An influential Utahn wants to tee up 80 acres of dwindling open space in SLC for industrial uses

An open 80-acre spread of grasslands near the fringe of the Great Salt Lake is being eyed for a rezone to industrial uses, drawing pushback from some neighbors and environmentalists. Those opponents are urging Salt Lake City's planning commission…

Brad Jacobs-Led QXO Boosts Financing Deal to $3 Billion - TT

QXO targets a wide range of products to distribute. (QXO) [Stay on top of transportation news: Get TTNews in your inbox.] QXO Inc. is raising another $1.8 billion from investors including Apollo Global Management Inc. and Temasek Holdings Pte…

Exclusive | Lightsmith Group Backs Shipment-Tracking Company Tive

Lightsmith Group led a $20 million investment in Tive, valuing the shipment-tracking systems developer at slightly more than $500 million and expanding the private-equity firm's portfolio of businesses that strengthen supply chain resilience.

The Rise of the Prediction Markets

Loading the Elevenlabs Text to Speech AudioNative Player... The top brass at Robinhood couldn't wait another moment. Shayne Coplan, the 26-year-old CEO of crypto-based prediction market Polymarket, had just teased a much-anticipated return to the…

NEXCOM Brings Expanded Edge, Security, and Quantum-Resistant Innovations to MWC Barcelona 2026

TAIPEI, Jan. 12, 2026 /CNW/ -- NEXCOM, a leading supplier of network appliances, will join MWC Barcelona 2026 presenting a broadened portfolio designed to support future-ready networks across telecom, enterprise, and industrial environments. As one…

Space is becoming an industrial economy

Shortly after space week in October, investment firm JP Morgan announced a $10 billion investment plan targeting industries critical for United States national security. In addition to things like nanomaterials, autonomous robotics and solar power…

Koch Cos. Acquires Store Opening Solutions - TT

Koch Cos.' last acquisition was Logistics Edge in 2021. (Koch Cos.) Koch Cos. acquired Store Opening Solutions from Marmon Holdings for an undisclosed sum on Jan. 12, adding the Murfreesboro, Tenn.-based inventory specialist to Koch Logistics. The…

The tech duo behind London's quantum leap forward

News from The City, market updates plus comment and analysis from our business desk I would like to be emailed about offers, event and updates from Evening Standard. Read our privacy notice. In 2021, Kris Naudts — academic and medical…

Current, Former Executives Buy USA Truck From DSV - TT

(David Turner/USA Truck Marketing) The deal marks the third time since 2022 that USA Truck has been subject to an ownership change. Denmark's DSV acquired USA Truck in September 2024 when it bought DB Schenker for $15.9 billion. DSV said the…

Cebu archbishop urges Sinulog organizers to reject gambling sponsors

Archbishop Alberto Uy of Cebu urged organizers of this year's Sinulog Festival to reject gambling sponsorships, warning such partnerships threaten the religious integrity of the annual celebration. He said Sinulog is foremost a religious feast…

CES 2026: The Trends. The Vibe. And Some Final Thoughts.

Usually after a tech show closes down, I provide my takeaways and impressions based on what I witnessed and the sessions and events I attended. With a show of the size and with the huge number of sessions of CES, I could attend only a smidgen of…

British Land CEO Simon Carter Steps Down After Five Years at Top

Simon Carter, chief executive officer of British Land Plc, is set to step down from the role after five years and will head to P3 Logistics Parks to lead the GIC Pte -owned investor and developer. Carter, an 18-year British Land veteran, will serve…