Freight broker Total Quality Logistics (TQL) recently announced it has opened a new satellite office in Dayton, Ohio.

Third party logistics transportation services provider Exel, a wholly-owned entity Deutsche Post DHL, recently announced it plans to begin construction on a 250,000 square-foot distribution facility in Laredo, Texas.

ODFL officials said that the opening of this new location is spurred by significant growth in this region.

CEVA Logistics recently announced it is ramping up its less-than-container-load (LCL) service offerings, with the addition of a new service from Hamburg to New York.

Entitled the Kerry (Hung Yen) Logistics Center, company officials said this facility, which is located between Hanoi and the port city of Haiphong and provide direct ocean access to international markets, will begin operations in November.

Non asset-based third-party logistics services provider Road Runner Transportation Services (RRTS) said it has officially closed its acquisition of the outstanding stock of Prime Logistics Corporation for roughly $97.5 million.

By continually working to expand its 3PL relationship, this fast-growing manufacturer has been able to concentrate on the bigger picture—expanding into new markets, launching new products, gaining efficiencies in its operations, and reducing manufacturing and labor costs.

While the logistics real estate market finished 2010 on a strong note, various factors—such as high oil and gas prices, debt issues in the U.S. and abroad, the earthquake and tsunami in Japan contributed to the very real possibility that the first half of 2011 would not be as fortunate.

According to the report, the U.S. logistics market had 32.7 million square feet absorbed, which Grubb & Ellis pointed out is a level that has not been reached since 2007. Of that 32.7 million square feet, it was more heavily weighted towards the second quarter, which had a quarterly net absorption of 18.1 million square feet.

Non asset-based third-party logistics services provider Road Runner Transportation Services (RRTS) continued its aggressive rate of acquisitions this week, announcing it has entered into a definitive merger agreement to acquire the outstanding stock of Prime Logistics Corporation for roughly $97.5 million.