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Logistics


Kansas City Southern sale to go under review

Canadian Pacific Railway Limited and Kansas City Southern today made a filing with the Surface Transportation Board asserting their right to have the STB review their combination under a waiver the STB granted to KCS in 2001. The filing was… more

Liberty Logistics Center adds growing Kansas City tenant

One of The Scarbrough Group's business units will start operations this summer at a new industrial facility in Liberty. Scarbrough Warehousing announced it will move into 226,000 Class A square feet within Liberty Logistics Center, a 62.42-acre industrial park at… more

Sale of Custom Truck One Source closes at $1.48B

The acquisition of Kansas City-headquartered Custom Truck One Source has been finalized, the specialized truck and heavy equipment solutions provider selling to Nesco Holdings, Inc.  News of the acquisition was originally announced back in December 2020. Today, the transaction closed… more

Olathe Warehouse Sells for $44 Million

A real-estate investment trust based in Massachusetts says it has acquired a 645,000 square-foot warehouse in Olathe, currently home to the Excelligence school supply distribution center, for $44 million, in a building adjacent to the Coleman Co. distribution center on… more

Northland distribution center locks in new tenant

Still under development, the Liberty Logistics Center located in the Northland in Liberty, Mo. at U.S. Highway 69 and Liberty Parkway will soon welcome a new tenant. Tennessee-based Kenco Logistics Services LLC has decided to open operations in the industrial… more

Kansas City-based VeriShip announces merger

Bringing a new model to the table, the recent merger of Kansas City-headquartered VeriShip and Utah-based Sifted is expected to result in new and improved changes in logistics operations. VeriShip is noted as the largest spend management and payments platform… more

The 2020 Ingram’s 250

Time for some Ingram’s 250 math: What’s i250 x 5? If you came up with 1,250, hats off to your grade-school math teachers—their lessons clearly took hold. But with this being the fifth year of our recognition of the 250… more

Blackstone Group Inc. and Global Infrastructure Partners consider buying Kansas City Southern

In a continuously changing business landscape, many companies and operations in the U.S. and abroad were hit hard by the coronavirus’ impact on business, including the local, long-standing Kansas City Southern. Reports have spread that two private equity firms, Blackstone… more

KC Southern Gets Positive Analyst Ratings

While most companies across the metro area are facing tough times, there is some bright news for railroad company Kansas City Southern. The firm apparently has a 13.1-percent upside in income, according to analyst ratings, with 18 analysts considering the… more

April Commercial Real Estate Price Index Falls

A price index for commercial real estate fell by 9.4 percent in April and is down by 10.4 percent below its peak from last year. Investment and research firm Green Street Advisors said that retail and hotel assets are doing… more