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

Putting the renewed strength in the truckload market into a very positive perspective is a report issued by Avondale Partners analyst Donald Broughton, which was released yesterday. Entitled, “Q2’15 Trucking Capacity; Goldilocks Era Continues,” Broughton explained that in the second quarter only 70 truckload fleets failed, or exited the business. That number may seem high to some, but it is not, especially when you consider that the second quarter of 2014 saw more than five times as many truckload carriers, 375 to be exact, exit the business.

Global demand remains stable as packaging equipment providers of all sizes shift focus

Six straight days without a ship waiting for berth

Freight forwarders were relieved to learn yesterday that U.S. Customs and Border Protection (CBP) would be delaying its Automated Commercial Environment (ACE) implementation.

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

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