Blackstone Group
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News
JD Logistics sets IPO price, eyes $3.4B valuation
JD Logistics’ network has the ability to deliver 90% of orders within the same or next day to 99% of mainland China.
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News
Weee! raises $315M to expand ethnic grocery delivery network
“Ethnic communities have been overlooked in the online and retail space. We believe the opportunity to provide these fast-growing communities access to exciting and affordable…
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News
Panasonic to acquire Blue Yonder for $6.5B — Nikkei Asia report
The Japanese company is leveraging its logistics facility hardware, like security cameras and bar code readers, with Blue Yonder’s artificial intelligence software that can predict…
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Prologis completes largest-ever sale of logistics warehouses in the UK
Prologis Inc. announces the completion of the largest-ever portfolio sale of logistics warehouses in the U.K.
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News
Investment firms reportedly make new bid for Kansas City Southern
The Wall Street Journal is reporting that U.S. Class I railroad Kansas City Southern is in play again. Blackstone and Global Infrastructure Partners are reported…
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Rail
Infrastructure investment firms reportedly eye Kansas City Southern
A Wall Street Journal article suggested Global Infrastructure Partners and the Blackstone Group’s infrastructure segment are considering acquiring KCS.
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News
Nuveen Real Estate buys $3 billion U.S. industrial portfolio from Blackstone
Nuveen Real Estate acquires 100-property US logistics portfolio from Blackstone
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Today's Pickup
Today’s Pickup: Convoy expands shipper options to include free transportation management system
Convoy has rolled out a free transportation management system for shippers. Also, USPS is interested in drone operators, Rivian wants people to subscribe to its…
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News
Blackstone puts money where mouth is by dropping $5.9 billion for Colony Industrial’s last-mile logistics network
Blackstone puts money where mouth is by buying US last-mile assets of Colony Industrial
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News
Prologis gobbles up chunk of industrial real estate in $4 billion deal
Logistics real estate company Prologis, Inc. acquires 37.5 million square feet in $4 billion deal.
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