Los Angeles-based ProducePay inked a $190 million debt facility from CoVenture, UK, and TCM Capital, London, to expand its purchasing model and marketplace for farmers.

Albertsons Cos., Boise, Idaho, and Takeoff Technologies, Waltham, Mass., teamed up to collaborate on the future of grocery micro-fulfillment centers (MFC) to drive the future of e-commerce order fulfillment.

TrueCommerce, Cranberry Township, Pa., acquired Netalogue Technologies plc, a UK-based provider of B2B e-commerce solutions.

Investors increasingly are warming up to the U.S. cold storage warehousing sector, pushing cap rates for class A facilities closer to those of traditional high-quality warehouses, according to a new report from CBRE, Los Angeles.

Transmetrics, Bulgaria, receive a €1.67 million grant by the European Commission in the European Innovation Council Accelerator program to support the development of Transmetrics' artificial intelligence (AI)-driven logistics optimization software.

Aramark, Philadelphia, announced a new 2025 sustainability plan, Be Well. Do Well., focused on positively impacting people and the planet.

Stora Enso, Sweden, announced plans to invest EUR $9 million to build a pilot facility that produces bio-based plastics as barrier in transparent packaging.

Celadon Group, Inc., Indianapolis, Ind., and its 25 affiliate entities filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code.

EDEKA, a Germany-based food retailer, announced plans to build its fifth logistics center.

DHL Supply Chain, a Westerville, Ohio-based division of Deutsche Post DHL Group, released “Rethinking Packaging,” a new trend report that offers a comprehensive look at the future of packaging in the logistics industry.