NOTED > SHOVEL READY
Walmart plans to open its first fulfillment center in Salt Lake City, Utah, to support its growing e-commerce fulfillment network. The 1 million-square-foot facility, set to open in 2022, will fulfill online orders and add more capacity to the retailer’s supply chain. n Toyota is opening an automotive battery plant in North Carolina's Greensboro-Randolph megasite. The manufacturing plant, set to open in 2025, will have four production lines, each capable of delivering enough lithium-ion batteries for 200,000 hybrid and electric vehicles. n Elkay , a manufacturer of sinks, faucets, bottle-filling stations, and drinking fountains, is opening a new distribution facility in Lumberton, North Carolina. The 387,302-square-foot custom site will help grow the company’s global manufacturing and distribution network.
> M & A
n Global port group PSA International signed an agreement to acquire BDP International , a global provider of logistics and transportation solutions. n DispatchTrack , a global last-mile logistics software- as-a-service platform, acquired Beetrack , a Latin American route-planning software company. n Transportation and bulk logistics company Groendyke Transport signed an agreement to acquire all the tank truck assets of Georgia Tank Lines . n CMA CGM Group agreed to acquire most of Ingram Micro’s commerce and life cycle services, including Shipwire and its logistics businesses in North America, Europe, Latin America, and Asia-Pacific. n TFI International , a transportation and logistics company, acquired D&D Sexton , a refrigerated transportation company based in Missouri.
n Dedicated transportation and fleet management company Ryder System entered into a definitive agreement to acquire Whiplash , a national provider of omnichannel fulfillment and logistics services. n 3PL Central , a cloud-based logistics technology company for third-party logistics warehouses and brands, acquired CIO Technologies and its CartRover e-commerce integration tool. n The North American Chassis Pool Cooperative acquired the Pratt Industries Intermodal line of business. n Knight-Swift acquired trucking company MME and its subsidiaries, which operate under the brand names Midwest Motor Express and Midnite Express. n Quantix , a portfolio company of Wind Point Partners, acquired Delaware Express , a provider of dry and liquid bulk transportation services.
38 Inbound Logistics • January 2022
Powered by FlippingBook