Inbound Logistics | March 2022


The Supply Chain in Brief


> M & A

n Logistics software-as-a-service company Descartes acquired NetCHB , a provider of customs filing solutions in the United States. n International technology group Körber signed an agreement to acquire the global mail and parcel business of Siemens Logistics . n FleetPride , a truck and trailer parts distributor, acquired the assets of Nationwide Truck Service of Louisville, Kentucky. n Charlotte-based third-party logistics brokerage HTL Freight acquired Wilmington, Delaware-based third-party logistics provider Matchmaker Logistics . n FourKites , a provider of real-time supply chain visibility platforms, acquired European supply chain visibility provider NIC GmbH .

• CMA CGM Group will no longer transport plastic waste aboard its ships. Ten million tons of plastic waste end up in the sea each year due in part to open- air storage and the absence of processing infrastructure for plastic waste that does not get recycled. CMA CGM's move prevents this type of waste from being exported to destinations where sorting, recycling, or recovery cannot be assured. • PepsiCo is using material developed by Israeli startup UBQ to develop a sustainable pallet made with unsorted household waste. The company will redirect more than 1,629 pounds of mixed waste from landfills and loop it back into the material as a valuable resource. During the manufacturing process, waste is diverted and greenhouse gas emissions are prevented. • The Environmental Protection Agency awarded the Port of Baltimore a $1.8 million grant for its Diesel Equipment Upgrade Program, which replaces older cargo-handling equipment and dray trucks with cleaner and more efficient models. The additional funding will help further reduce emissions at the port and its surrounding residential neighborhoods. • Logistics technology company Odyssey released first-year results from its Cloverleaf Sustainability Program aimed at reducing carbon emissions. The program reduced emissions for its clients by 489,831 tons in 2021, surpassing the original projection of 300,000-plus tons. Odyssey anticipates a reduction target of 529,017 tons in 2022.


n Canada-based online furniture retailer Article is building a 507,000-square-foot warehouse in the Houston metro area at TGS Cedar Port Industrial Park, its first fulfillment center in Texas. The new warehouse will help get products delivered quickly and easily. By focusing on a digital- first experience, Article is able to pass along savings to consumers.

n Amazon started construction on a massive fulfillment center in Los Lunas, New Mexico. At more than 1 million square feet, the facility is slated to open in 2023. Workers at the facility will pick, pack, and ship items for delivery.

20 Inbound Logistics • March 2022

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