Subscribe to our free, weekly email newsletter!


Averitt Express makes enhancements to warehousing capabilities in Kentucky and Ohio

By Jeff Berman, Group News Editor
June 07, 2011

Freight transportation and logistics services provider Averitt Express said this week it is expanding its Lexington, Ky.- and Cincinnati, Ohio-based warehouse operations in an effort to meet shipper needs for flexible shared warehouse space.

Averitt has been providing warehouse services for more than ten years, providing value-added warehousing and distribution services for companies in multiple vertical markets, including medical devices, apparel and automotive, according to company officials. The company also provides international distribution services, including container transloading, and flexible, multi-customer warehouse space throughout the U.S. and build-to-suit solutions.

“The principal driver for expanding our warehousing services was customer demand,” an Averitt spokesman told LM. “Our customers were telling us they had a need for additional warehouse space, and we showed a willingness to be creative with our assets and provide them with solutions. Several months ago, we started seeing signs that indicated this would be a viable service, and it has proven to be a sustainable solution.”

And by expanding warehouse operations in these two locations the spokesman explained that Averitt is able to provide customers with more space with no long-term contract, meaning that there is less risk on their part. He said that Averitt has multiple customers in each market taking advantage of its warehousing services, and enough space for future customers to enjoy these benefits, too.

In terms of the competitive benefits for Averitt that this expansion provides, the spokesman said that its customers could have sought out other companies that provide warehousing services, but that would have required long-term contracts and higher costs. Instead, he said, Averitt can bring value-added services to the mix, coupled with four decades of transportation and logistics experience.

“As the U.S. economy begins to improve, companies are looking for flexible warehousing options to accommodate spiking inventory levels. The Lexington and Cincinnati markets are ideal locations for shippers needing space for storage, processing and distribution between the Northeast and the rest of the country,” said Phil Pierce, executive vice president of sales and marketing, in a statement.

About the Author

Jeff Berman headshot
Jeff Berman
Group News Editor

Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

Seasonally-adjusted (SA) for-hire truck tonnage in March was up 1.1 percent on the heels of a revised 2.8 percent (from 3.1 percent) February decline, with the SA index at 133.5 (2000=100). This is off 0.3 percent from the all-time high for the SA of 135.8 from January 2015 and is up 5 percent annually.

Intermodal volume was up 8.1 percent annually at 280,016 containers and trailers. This outpaced the week ending April 11 at 270,463 and the week ending April 4 at 271,127. AAR said this tally marks the second highest weekly output it has ever recorded as well as the first time container and trailer traffic was higher than carloads for a one-week period.

Ocean cargo carrier service reliability across the three core East-West trades hit a five-month peak in March with an aggregate on-time performance of 64 percent, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors.

The Airforwarders Association, which represents more than 360 companies that move air cargo through the supply chain, today applauded an agreement reached by Congressional leaders to advance legislation giving the President authority to conclude key global trade agreements.

Despite great opportunity for growth, the logistics market in Latin America is lagging behind other emerging markets thanks in part to its notoriety for corruption, violence, poor infrastructure and government bureaucracy.

Article Topics

News · Warehouse · 3PL · Averitt Express · Distribution · All topics

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA