Fast-growing Fitzmark acquires Georgia logistics firm
Indianapolis-based FitzMark LLC, a third-party logistics firm, has acquired a similar firm that specializes in refrigerated freight, marking its seventh acquisition in four years.
Indianapolis-based FitzMark LLC, a third-party logistics firm, has acquired a similar firm that specializes in refrigerated freight, marking its seventh acquisition in four years.
Challenges with the cash-strapped United States Postal Service sent many Americans to their wit’s end during the COVID-19 pandemic, especially in communities reliant on the mail for essential goods.
In an incentive contract with the Indiana Economic Development Corp., the logistics firm says it will create as many as 676 jobs at the facility by 2027.
The 160,000-square-foot facility was completed earlier this year. Novo Logistics said the warehouse will strengthen the company’s link between its existing hubs on the coasts.
The main factor behind the improvement has been diminished demand for manufactured goods. Spending on goods has fallen for three straight quarters, according to the Commerce Department.
SMC Corp. of America plans to expand its total workforce in Noblesville to 1,157 by 2032.
SMC Corp. of America, Noblesville’s largest private employer, said the new jobs would pay at least $59,000 annually.
The company said the decision is part of a move to discontinue its management and operation of a facility on the city’s west side.
Legislation to avert what could have been an economically ruinous freight rail strike won final approval in Congress on Thursday as lawmakers responded quickly to President Joe Biden’s call for federal intervention in a long-running labor dispute.
The bill lawmakers are considering would impose a compromise labor agreement that was voted down by four of the 12 unions representing more than 100,000 employees at large freight rail carriers.
The 15-year-old Indianapolis-based company founded by organic farmer Matt Ewer and nutritionist Beth Blessing said it would permanently close after this week’s deliveries.
The apparel company founded in China is pushing to get its ultra-low priced merchandise on doorsteps more quickly by opening more North American distribution centers, including a major hub in Whitestown.
Radial, which fills online orders for dozens of retail brands, opened its 700,000-square-foot Brownsburg distribution facility in 2019.
The company has three years to reach compliance across 1,160 locations and will pay a civil penalty of $5.3 million.
The lawsuit was filed by relatives of five of the eight people who were fatally shot last year at an Indianapolis warehouse by a former employee of the shipping giant.
The marine manufacturer, a division of Brunswick Corp., said the facility will create about 250 jobs.
Direct Connect has about 250 employees based in Indianapolis, with plans to hire an additional 150 workers by the end of 2023.
TikTok appears to be deepening its foray into e-commerce with plans to operate its own U.S. warehouses, the kind of packing and shipping facilities more associated with Amazon than the social media platform best known for addictive short videos.
About 56% of the track maintenance workers represented by the Brotherhood of Maintenance of Way Employes Division union who voted opposed the five-year contract even though it included 24% raises and $5,000 in bonuses.
Capacity Midwest, which provides third-party logistics services for a variety of industries, said the facility at will ultimately employ 250 workers when fully operational.