Logistics
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…
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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…
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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…
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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…
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Sealy & Company, a Dallas-based commercial real estate firm, has purchased nine industrial buildings in Kansas City totaling just under 560,000 square feet. One of them is in Executive Park, in the industrial area of the Northeast neighborhood and is…
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The U.S. trade deficit increased 11.6 percent in March, bringing it up to $44.4 billion, a $4.6-billion rise from February. Meanwhile, the year-over-year increase in the trade deficit for the period was up 17.8 percent. The March deficit was reportedly…
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The City of Shawnee recently approved a $50-million bond issuance for the construction of Heartland Industrial Park, which is set to be underway this year. The 186-acre development, to eventually total two million square feet would reportedly bring 1,500 jobs…
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Year-over-year passenger traffic in March was down 52.8 percent, according to the KC Aviation Department, as 480,690 passengers arrived and departed from the facility during the month. Passenger boardings dropped 55.2 percent, to 227,860, while year-to-date boardings fell 21.4 percent.…
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StorageMart, based in Columbia, Mo., added more than 310 climate-controlled storage units to its portfolio with the purchase of Go Storage in Downtown Kansas City, which totals 21,720 square feet. Recently renovated with a new elevator was installed, the facility…
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Kansas City Southern had some good news during COVID-19 times. The railroad transportation-holding company reported record revenues of $731.7 million, up eight percent year over year. The gains were led by and 18 percent increase in chemical and petroleum shipments,…
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