Retail Clients News

Ocean Shipping Slows Down as Pandemic Pummels Retailers

The $1 trillion container shipping industry is in a slowdown. Literally.Some shipping lines, whose retail customers are being hammered by the coronavirus pandemic, are reducing sailing speeds and taking longer routes around Africa, avoiding Suez canal passage fees, according to the companies and ship-tracking specialists.Many are also cutting down the number of voyages and providing short-term storage for clients as the industry, which includes heavyweights like Maersk, MSC and Hapag-Lloyd…

Port Logistics Acquires Pacific Distribution

Acquisition of Seattle-based warehousing and transportation provider adds Northwest Gateway to Port Logistics Group's national footprint. Port Logistics Group , a provider of gateway logistics services, today announced that it has completed the acquisition of Pacific Distribution Services, a regional warehousing and transportation provider serving the ports of Seattle and Tacoma. The acquisition adds 600,000 square feet of multi-client warehouse space and several new national retail clients to Port Logistics Group's U.S. gateway logistics presence. Dale Scott, the former President and Owner of Pacific Distribution Services, will continue to lead his team as the General Manager of the Seattle/Tacoma gateway for Port Logistics Group.