Prologis Acquires Duke Realty for 23B in Major Logistics Expansion

Prologis Acquires Duke Realty for 23B in Major Logistics Expansion

Global logistics real estate giant Prologis completed its $23 billion acquisition of Duke Realty, marking a reshaping of the industry landscape. This acquisition strengthens Prologis' presence in key US markets and brings over 500 new customers. Prologis will continue to expand its service offerings to provide customers with more comprehensive supply chain solutions.

01/16/2026 Logistics
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US Bank Explains SWIFTBIC Codes for Global Transfers

US Bank Explains SWIFTBIC Codes for Global Transfers

This article provides a detailed introduction to the SWIFT/BIC code USBKUS44MIL of U.S. BANK N.A. It explains how to use the code and highlights important considerations to ensure the safety and accuracy of international remittances. To facilitate effective transfers, it is essential to verify the bank name, branch information, and country.

LA Long Beach Ports See Diverging Cargo Trends New Opportunities

LA Long Beach Ports See Diverging Cargo Trends New Opportunities

June freight data reveals that the Port of Los Angeles achieved an 8% growth, marking its best performance in 117 years, while the Port of Long Beach faced a 16.4% decline. This fluctuation reflects the contrasting fortunes of the two major ports in the market environment, highlighting important considerations for businesses in their shipping decisions.

08/06/2025 Logistics
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Urumqireza Freight Route Boosts Crossborder Ecommerce

Urumqireza Freight Route Boosts Crossborder Ecommerce

The international freight route from Urumqi to Tehran has resumed strongly, operating once a week, marking the opening of a new channel for cross-border e-commerce. In the past four months, the freight volume at Urumqi's air port has surged by 522.2%, providing vast development opportunities for international e-commerce.

05/26/2025 Logistics
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Outpost Opens Four New Freight Terminals to Expand Service Reach

Outpost Opens Four New Freight Terminals to Expand Service Reach

Outpost has announced the addition of four new freight terminals, marking its transition from a single fleet site to a comprehensive service center. These new terminals will integrate cross-docking areas, storage, and office space, enhancing delivery efficiency and meeting the growing market demand, helping the company maintain its competitive edge.

08/06/2025 Logistics
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