Stored Acquires Ware2Go from UPS | IP Shuts Texas Plants | US Debates China Port Fees | FWNOW
📦 Big shifts in logistics and global trade this week:
Stored acquires Ware2Go from UPS, adding 21 new warehouses and 2.5M sq. ft. to its fulfillment network. This follows a $200M Series E round bringing its valuation to $1.5B. https://www.freightwaves.com/news/stord-acquires-ups-specialty-warehouse-business-for-e-commerce-logistics
International Paper closes two Texas plants, affecting 117 workers, while expanding operations in McAllen, TX and Reynosa, Mexico. https://www.freightwaves.com/news/international-paper-closes-texas-plants-cuts-117-jobs
US trade reps hold a second round of hearings on punitive fees for Chinese-owned ships docking at American ports — part of a broader push to revive U.S. shipbuilding and reduce foreign dependence. https://www.freightwaves.com/news/us-trade-representative-holds-second-hearing-on-chinese-ship-fees
Stay up to date on the latest logistics, supply chain, and trade policy news right here.
#Stored #UPS #Ware2Go #SupplyChain #LogisticsNews #EcommerceFulfillment #InternationalPaper #TexasLogistics #USChinaTrade #MaritimePolicy #FreightWaves #GlobalTrade#trucking #logistics #news
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FreightWaves is a price reporting agency (PRA) focused on the global freight market and the leading provider of high-frequency data for the global supply chain. FreightWaves’ price, demand, and capacity data allow customers to benchmark, analyze, monitor, and forecast the global physical economy. Without logistics, the supply chains that keep...
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