Cushman & Wakefield: Port of NY/NJ total 2023 volume surpasses prepandemic figures
The Port of New York and New Jersey maintained its position as the busiest port on the East Coast, with total volume surpassing prepandemic figures, according to the most recent industrial review report released...
‘Buck a Truck’ provision aimed at warehouses: Does it make sense?
Among the things listed in the small print of Gov. Phil Murphy’s proposed budget for Fiscal Year 2025 was this: A $1 truck traffic excise fee that would be imposed on trucks coming and...
Metz Industrial Group of Bussel Realty Corp. leases 50K sq. ft. building in Linden
The Metz Industrial Group of Bussel Realty Corp. said it leased 50,000 square feet at 1805 Lower Road in Linden, a 100,000-square-foot industrial building, to Del Corona & Scardigli.
Jordan Metz, senior vice president, Benito...
Jason Bergman named CEO of Piscataway-based global 3PL firm, Axis Global Logistics
Jason Bergman has been selected to lead Axis Global Logistics, a 25-year-old global third-party logistics firm headquartered in Piscataway. Bergman, who most recently served as chief commercial officer of Yellow Corp. and president of...
JLL facilitates $23M in acquisition financing for Logan distribution center
JLL Capital Markets on Thursday said it represented Chelten House Products in securing $23 million in financing for a 209,437-square-foot industrial warehouse/distribution center in Logan Township.
Located at 200 Progress Court, the property sits on...
How New Jersey’s logistics networks power holiday season
In 2022, 196.7 million U.S. consumers shopped in-store and online between Thanksgiving and Cyber Monday, up 17 million from the year prior, according to the National Retail Federation. With merchants now offering deals throughout...
Refrig-It expands temp-controlled 3PL warehouse in Newark
Kearny-based Refrig-It Warehouse on Monday announced its expansion of 10,000 additional pallet positions of 50-degree chilled space in its Newark facility.
"We are extremely excited to increase our chilled space offering on behalf of our...
Sen. Menendez announces $52M to support and modernize New Jersey’s ports
U.S. Sen. Bob Menendez on Thursday announced a combined total of $52.49 million from the Port Infrastructure Development Program to the Port Authority of New York and New Jersey and the South Jersey Port...
Princeton transportation company named a best place to work for women
Princeton-based TRAC Intermodal, the largest marine chassis provider and pool manager in North America, has been named a "2023 Top Company for Women to Work for in Transportation" by Redefining the Road magazine, the official magazine of...
Crow Holdings Development celebrates grand opening of 1.2M sq. ft. warehouse/distribution property in Carteret
Local dignitaries, Carteret Mayor Daniel J. Reiman, industry professionals and stakeholders joined members of the Crow Holdings Development team for a formal ribbon-cutting ceremony of the 1.2 million-square-foot warehouse/distribution property in Carteret.
Attendees had a...