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

Radiant Logistics (NYSEAMERICAN:RLGT) Shares Down 0.4% - Time to Sell?

Shares of Radiant Logistics, Inc. (NYSEAMERICAN:RLGT - Get Free Report) were down 0.4% during mid-day trading on Monday. The company traded as low as $6.65 and last traded at $6.66. Approximately 62,059 shares were traded during trading, a decline…

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…

Send the Army into Tunbridge Wells to fix water crisis, Starmer urged

Sir Keir Starmer has been urged to send the Army into Tunbridge Wells in response to a crisis that has left 30,000 homes and businesses without water. Residents across Kent and Sussex have called for the Government to take emergency action after…

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…

Velocity Capital exits MMAG with RM9.4Mil share disposal

PETALING JAYA: Velocity Capital Partner Bhd (Velocity) has fully exited its investment in MMAG Holdings Bhd, disposing of its entire 6.46% stake through open market transactions in January for a total cash consideration of RM9.43mil. In a filing…

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.

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…

Teen almost drowns amid strong sea currents in La Union beach

A teenage beachgoer was caught in strong waves and treacherous currents while swimming in San Juan, La Union. A video showing the incident went viral, capturing a 16-year-old female resident of Zaragoza, Nueva Ecija, being swept by the waves in…

SpongeBob's 'Big Guy' dance craze takes over ahead of movie release

Fans of SpongeBob SquarePants are already joining the “Big Guy” dance craze ahead of the release of “The SpongeBob Movie: Search for SquarePants,” set to open in cinemas tomorrow, January 14. Rapper and songwriter Isis…

Paubaya at Pabaya': Rufa Mae, Moira turn ASAP duet into viral moment

Comedian Rufa Mae Quinto and singer Moira dela Torre s parked laughter on social media with their duet o f “Paubaya” on the Sunday musical variety show ASAP. The video of their duet performance in an episode on Sunday, January 11, was…