Inside Logistics

Done Deals: January 28, 2020

Contracts, mergers, acquisitions and big deals in the supply chain sector this week


January 28, 2020
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Air New Zealand has adopted the Descartes Core Unit Load Device (ULD) Tracking solution to automatically monitor the real-time location of international mail, parcel and cargo shipments while they are in the air and on the ground. Descartes will help Air New Zealand modernize its ULD fleet tracking practices and better manage the growing volume of air cargo resulting from the rise of e-commerce. Descartes Core ULD Tracking helps air carriers automate freight tracking, increase efficiency and improve asset management by providing real-time visibility into the location of international mail, parcel and cargo shipments bundled into a single ULD container. The technology enables carriers to easily access accurate ULD location information and other data, such as precise temperature, movement (e.g., shock, acceleration and orientation), humidity, light and fire.

Brennan Investment Group, a private real estate investment firm that acquires, develops and operates industrial facilities throughout the United States, has acquired and leased back a four-building portfolio to BlueLinx, a distributor of building and industrial products that operates a broad network of distribution centres. The four distribution facilities are located in Kansas City, Nashville, Richmond and St. Louis. The combined square footage of the portfolio was 783,889 square feet. This marks Brennan’s third sale-leaseback transaction with BlueLinx within the last two years. In 2019, Brennan acquired two distribution properties leased to BlueLinx in the Jacksonville and Chicago, totaling 1,132,753 square feet. Brennan also purchased a 2.3 million square foot portfolio comprising four buildings in 2018.

FLEXcon, a supplier of coated and laminated films and adhesives, has selected LeanCor Supply Chain Group as its third-party logistics provider to manage logistics engineering and transportation. LeanCor will design and manage FLEXcon’s North American transportation network, providing a team of logisticians at its Florence, Kentyucky-based Logistics Control Center, an on-site transportation manager, and system connectivity. FLEXcon will receive real-time visibility and optimization of product flowing through its North American transportation network.

Water technology company Xylem has chosen DHL Global Forwarding as its primary logistics provider for humanitarian relief activities delivered through its corporate social responsibility program, Xylem Watermark. The two companies worked together to freight dewatering pumps from India through South Africa to affected communities in the aftermath of Cyclone Idai, in Zimbabwe. In addition, a shipment of Xylem equipment from Hong Kong to Zimbabwe’s Chimanimani region, which Xylem personnel deployed, provided clean water to a camp housing 200 displaced residents and a rural medical clinic serving nearly 10,000 patients daily. They also united efforts following India’s 2019 monsoon, when they partnered to provide humanitarian assistance to 227,000 displaced individuals in relief camps.