US furniture shipper facing million-dollar post-Hanjin tab for stranded goods and container storage
Shippers and forwarders in the US, reeling in the aftermath of Hanjin Shipping’s bankruptcy, have returned ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
TRANSPORT TOPICS reports:
Ashley Furniture Industries affiliate Ashley Pacific Northwest on Nov. 22 entered into an agreement to acquire certain assets of Wilson Logistics.
Ashley Pacific Northwest is a regional unit of Ashley Distribution Services, both of which support the transportation needs of Ashley Furniture.
“This acquisition is expected to expand ADS’ brokerage and distribution operations in the western United States,” an Ashley Furniture spokesperson told Transport Topics. “We are excited to welcome members of the Wilson team as we continue to service existing customers and expand upon the strong legacy established by Wilson.”
The company anticipates the transaction closing by the end of the year. Terms were not disclosed…
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