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Vertical Cold Storage's Strategic Expansion with First Customs Bonded Warehouse
In today's global trade environment, customs bonded warehousing has become increasingly appealing to businesses seeking financial flexibility.
Tariffs can significantly inflate costs, but by deferring duties until products are sold in the US market or re-exported, companies can optimize cash flow and gain strategic operational advantages.
Vertical Cold Storage, a leader in cold storage and logistics for the food and beverage industry, is marking an achievement with the full licensing of its first customs bonded warehouse.
The company strategically chose to expand at its...
UNFI Warehouse Workers Win Big with New Teamsters Contract
More than 300 warehouse workers at United Natural Foods Inc. (UNFI) have ratified a new five-year contract.
The new agreement was overwhelmingly supported by workers and includes wage increases of up to $8 per hour, along with Teamsters health care coverage and participation in the Teamsters Western Conference Pension Plan.
"This contract is exactly why we joined the Teamsters," said Charles Dowling, a warehouse worker and member of Local 79. "We fought hard for the pay, benefits, and protections we...
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