|Bid||33.250 x 90000|
|Ask||33.260 x 463000|
|Day's Range||33.055 - 33.310|
|52 Week Range||24.030 - 33.425|
|PE Ratio (TTM)||15.78|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Torrance, California-based Transpacific Development Co. — has acquired a soon-to-deliver distribution hub, which has been 80 percent leased to the supply arm of Campbell's Soup Co. (CPB), for an undisclosed sum. The 713,000-square-foot Class A distribution facility at 3000 Cantrell Sansom Road is being developed by DHL Real Estate Solutions, which is a subsidiary of German-based Deutsche Post DHL Group. This is Transpacific's second investment deal with DHL following the acquisition of the newly completed 1.44 million-square-foot Lego complex at 5600 Mark IV Parkway in North Fort Worth last year.
Ford Motor Company's (F) subsidiary, Ford-Werke GmbH is entering into a partnership with StreetScooter GmbH, to manufacture battery-electric delivery vehicles.
German logistics group Deutsche Post DHL Group is expanding its foray into electric delivery vans, signing Ford as a components supplier for a new line of larger vehicles, the companies said on Wednesday. Deutsche Post initially developed an electric minivan dubbed Streetscooter for its own operations to avoid inner-city emissions after growth in online shopping resulted in increased parcel deliveries. For the larger van, Ford will supply vehicle technology based on the Transit model, with Deutsche Post keeping assembly, distribution and sales in-house, a Germany-based Ford spokesman told Reuters.