Logistics

New York -- Transportation logistics services provider XPO Logistics has acquired Optima Service Solutions, a non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States.

The cash purchase price was $26.6 million, excluding any working capital adjustments, with no assumption of debt.

XPO Logistics, a transportation logistics services provider in North America, has acquired Optima Service Solutions, a leading non-asset provider of last-mile logistics services for major retailers and manufacturers in the United States.

Kid Brands has entered into an agreement with National Distribution Centers — a warehousing and distribution division of NFI, which is a fully integrated supply chain solutions provider — to address certain third-party logistics for the company's warehousing and distribution operations.

Colorado Springs, Colo. -- Accellos, a provider of supply chain execution software solutions, announced its acquisition of PROFITsystems, a provider of  software as a service (SaaS) solutions for small and medium sized home goods retailers.

Electrolux North America has recently begun production on its first Memphis, Tenn.-made home cooking appliances.

The inaugural products produced at the Memphis facility, the Frigidaire and Frigidaire Gallery slide–in ranges, rolled off the assembly line, were crated and loaded onto trucks for warehousing and retail distribution throughout the United States. This marks the culmination of a two-year construction effort of the $266 million facility.

Washington, D.C. -- Import volume at the nation’s major retail container ports grew 6.5% in October over the same month last year despite the government shutdown, and year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Import volume at the nation’s major retail container ports grew 6.5% in October over the same month last year despite the government shutdown. Year-over-year increases are expected to continue for the remainder of the year, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.

Leading food wholesaler Nash Finch said its third quarter sales growth was cut in half as a result of the government shutdown in September.

Total sales increase 3.5% to $1.56 billion during the period ended October 5, but the rate of growth would have been nearly double without the government shutdown which impacted defense department commissaries that are Nash Finch customers.