#warehousing-consolidation
(5 articles)Prologis-SEGRO Merger Deal Advances: Shareholder Vote Looms
The proposed merger between Prologis and SEGRO has advanced significantly with SEGRO's board unanimously concluding that Prologis' Best and Final Proposal meets financial terms acceptable for sharehol
PepsiCo to Close Oklahoma Warehouse, Affecting 180+ Employees
PepsiCo has announced the cessation of warehouse operations at its Oklahoma production site, with the closure effective November 15. This decision will displace more than 180 warehouse employees, thou
Segro Rejects Prologis $18.2B Bid: What's Next?
Prologis has made three successive acquisition proposals to Segro, with the latest valuation reaching $18.2 billion and including a partial cash alternative. Despite the sweetened offer, Segro's board
CMA CGM Acquires FedEx Supply Chain for $1.4B, Gains 150 Warehouses
CMA CGM's $1.4 billion acquisition of FedEx Supply Chain represents a major structural shift in North American logistics infrastructure. The French shipping conglomerate gains immediate access to 150
CMA CGM Acquires FedEx Supply Chain for $1.4B
CMA CGM Group has agreed to acquire FedEx Supply Chain for $1.4 billion, marking a significant consolidation in the North American contract logistics market. This acquisition substantially expands Cev