German forklift maker Kion Group AG agreed to buy robot maker Dematic for about $2.1 billion to expand in the United States and tap demand from Amazon.com and other online retailers as they look to automate warehouses.
June 24, 2016GovernmentBusiness
Retailers Fuel a Warehouse Boom, Racing to Keep Up With Amazon
The first thing online clothing reseller ThredUp did after clinching a new round of funding last year? Hunt for strategic warehouse space to get the goods to customers as fast as possible.
May 24, 2016GovernmentBusiness
Global Logistic to Buy 200 US Warehouses for $4.55 Billion
Global Logistic Properties Ltd. agreed to buy more than 200 warehouses from Industrial Income Trust Inc. for $4.55 billion in a deal that will make it the second-largest owner of U.S. industrial real estate.
July 29, 2015GovernmentBusiness
Lineage Logistics Acquires Two California Cold-Storage Facilities
Lineage Logistics said it has acquired two cold-storage facilities in Santa Cruz County, California, from Dreisbach Enterprises. Terms were not disclosed.
July 8, 2014