Allstates WorldCargo Acquires Red Arrow Logistics
Founded in 2003, Red Arrow Logistics is a domestic and international freight forwarder who has built a reputation for reliability, responsiveness, and customization in the services they provide their customers. Specializing in time-sensitive, high-value shipments, Red Arrow brings a proven track record in managing critical, high-stakes deliveries across a variety of industries, including aerospace, electronics, and consumer products.
'We are thrilled to welcome Red Arrow to the Allstates WorldCargo family,' said Kendra Tanner, President & CEO of Allstates WorldCargo. 'They are a highly respected, well-run organization with a commitment to service and operational excellence. These values closely align with our own culture. Their expertise in time-sensitive, high-value freight fits seamlessly into the solutions we provide our customers. This acquisition strengthens our ability to deliver reliable solutions with even greater dedication, precision, and care.'
'Joining Allstates WorldCargo allows us to leverage their global network and advanced technology, while continuing to deliver the white glove service our clients expect,' said Liz Lasater, CEO of Red Arrow Logistics. 'Their team has built an outstanding reputation for operational excellence and execution. We're excited to be a part of a company that shares our values and vision, and together we will deliver even more value to our customers and strengthen what both teams do best.'
As part of the acquisition, Red Arrow will rebrand to the Allstates WorldCargo name, leveraging the strong reputation of the brand in the market. The transition is expected to be seamless for customers, with full continuity of service and support throughout the integration process. In addition, Liz Lasater, formerly CEO of Red Arrow Logistics, will join Allstates WorldCargo in a senior leadership role. Her continued involvement ensures strong alignment across teams and reinforces the shared commitment to operational excellence and customer satisfaction.
About Allstates WorldCargo
Allstates WorldCargo is a leading provider of global logistics solutions, offering a comprehensive range of freight services designed to meet the diverse needs of customers around the globe. With a commitment to innovation, operational excellence, and customer satisfaction, Allstates WorldCargo is dedicated to fostering strong partnerships and delivering reliable and efficient logistics solutions worldwide. Allstates WorldCargo was founded in 1961 and is headquartered in Orlando, Florida.
About Red Arrow Logistics
Red Arrow Logistics is a global freight forwarding company that leverages technology and efficiency to provide competitive rates and reliable service for our diverse clientele. Operating worldwide, we prioritize innovation and excellence in delivering goods seamlessly and on time. With a strong emphasis on customer satisfaction, Red Arrow Logistics aims to be the trusted partner for all logistics needs.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time Business News
a few seconds ago
- Time Business News
From Old Rings to Gold Bars: Your Guide to Getting the Best Price for Gold in Berlin
Whether it's a broken necklace, an inherited ring, or a gold bar you've been holding onto for years, knowing where and how to sell your gold is key to getting a fair deal. In Berlin, thousands of people have already discovered a trusted solution: Gebrüder Licht, a family-run gold buying service with over 25 years of experience. From old jewelry to investment gold, they offer a secure, transparent, and professional process designed to help you get the best price for gold in Berlin. Let's take a closer look at how their service works — and why more and more Berliners trust Gebrüder Licht with their valuables. Gebrüder Licht isn't just another gold buyer. With more than 98,000 successful transactions, over €45 million paid out, and around 800 kilograms of gold purchased, this Berlin-based company has become a leader in the gold buying industry. Their secret? A combination of honest pricing, personal service, and experienced appraisers who understand the true value of each item — whether it's a rare coin or a small gold earring. Customers can visit one of two branches in Berlin-Westend or Spandau, or start the process online from anywhere with their website. Gebrüder Licht accepts a wide range of gold and precious items, including: Gold bars and coins (ideal for investors) (ideal for investors) Old, broken, or inherited jewelry Gold and luxury watches Sterling silver and silverware Platinum and dental gold Loose or certified diamonds Historical collectibles No matter the item's condition, trained appraisers evaluate it based on purity, weight, and the current market price, ensuring you receive the most accurate value. Whether you want to sell gold bars, jewelry, and coins in Berlin, or simply clear out old family heirlooms, Gebrüder Licht provides the same trusted service at every level. One of the standout features of Gebrüder Licht is their easy four-step process that makes selling gold smooth and stress-free: Start an inquiry online or visit one of their branches in person. Send your items securely using one of their free insured shipping options. Receive a professional appraisal done by certified gold experts. Accept the offer and get paid – fast, either by bank transfer or in cash. Their shipping methods offer peace of mind, with insurance coverage up to €15,000 and discreet packaging. All shipping is currently free, thanks to a special promotion. At Gebrüder Licht, the price you receive depends on: The purity (karat level) of the gold (karat level) of the gold The weight of the item of the item The daily gold market rate The item's condition or collectible value (especially for coins and watches) Because the team includes certified experts, each item is carefully inspected and tested — ensuring you always get a fair and transparent offer. Being a family-run business, Gebrüder Licht takes pride in offering personal, one-on-one consultations, rather than quick, impersonal transactions. Their long-standing presence in Berlin's precious metals market has earned them the loyalty of thousands of customers across Germany, Austria, and Switzerland. They offer a money-back guarantee, no hidden fees, and free returns if you choose not to accept their offer. So whether you're a first-time seller or an experienced investor, you can feel confident your gold is in good hands. You can visit them at: Berlin-Westend Branch Reichsstraße 107, 14052 Berlin 📞 +49 30 923 699 69 Reichsstraße 107, 14052 Berlin 📞 +49 30 923 699 69 Leihhaus Spandau Brunsbütteler Damm 3, 13581 Berlin 📞 +49 30 555 157 47 Brunsbütteler Damm 3, 13581 Berlin 📞 +49 30 555 157 47 🕒 Opening Hours: Monday – Friday: 9:00 AM – 6:00 PM Saturday: 9:30 AM – 2:00 PM Once you accept the offer, payment is usually made within a few business days — either by bank transfer or in cash at one of the branches. Yes. Gebrüder Licht offers insured shipping options up to €15,000. All packages are secure, discreet, and currently free during their promotion. No problem! Their team will conduct a free evaluation, and there's no obligation to sell. If you decline the offer, your items are returned at no cost. Selling gold can be a big decision — but it doesn't have to be complicated or risky. With Gebrüder Licht, you get a trusted partner that combines professional service, clear pricing, and a secure process. From old rings and broken jewelry to high-value gold bars, they'll help you get the best price for gold in Berlin. If you're ready to turn your valuables into cash, or simply want an expert opinion, Gebrüder Licht offers everything you need: security, speed, and decades of experience. TIME BUSINESS NEWS
Yahoo
28 minutes ago
- Yahoo
Analysts revise Amazon stock-price targets ahead of Q2 earnings report
Analysts revise Amazon stock-price targets ahead of Q2 earnings report originally appeared on TheStreet. If you don't know why there's no sun up in the sky, look again. Washington state's largest city gets a lot of stormy weather, but one investment firm is seeing nothing but blue skies for Amazon () this week. 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 The e-commerce and cloud-services giant is scheduled to report second-quarter results on July 31 after the closing bell, and Wedbush analysts are looking beyond the clouds in a research note entitled "Seattle Sunny Summer Skies." Investor sentiment is broadly positive, the investment firm said, with expectations improving in recent weeks following May's disappointing second-quarter guidance. Still, profitability forecasts for the year remain depressed as investors weigh the impact of President Donald Trump's sweeping tariff agenda. macroeconomic uncertainty, currency risk, rising expenses to support artificial-intelligence initiatives, and an uncertain cost trajectory associated with Project Kuiper, Amazon's satellite network. The company said that at Kennedy Space Center it recently opened a 100,000-square-foot payload-processing facility that prepares satellites for launch. Amazon CEO: No major price increases "We think the risk/reward is attractive, and we see opportunity for Amazon to deliver upside to current operating-income expectations," Wedbush said. The firm said it was focusing on Amazon's retail performance and consumer-demand trends; widening operating margins supported by a product-mix shift to wider-margin revenue; momentum within the Amazon Web Services cloud division, and emerging monetization of its AI efforts. More Tech Stocks: Analyst who correctly predicted Rocket Lab stock surge resets forecast Verizon Q2 earnings report surprises with remarks on tax reform Fund manager who forecast Nvidia stock rally reboots outlook Wedbush, which maintained its outperform rating on Amazon and boosted its price target to $250 from $235, said it was also monitoring capital-spending requirements to support infrastructure and AI investments, plus persistent growth within the advertising business. "We expect Amazon's [market-share] gains of e-commerce and total retail to continue, supported by faster shipping speeds and growing penetration in household essentials," the firm's analysts said. Wedbush said Amazon continued to increase market share in total retail, and the U.S. backdrop is favorable in Q2. Management in May said that the company had not seen any indication of softening demand in the core retail business. In June, Amazon CEO Andy Jassy told CNBC's Jim Cramer that the tech giant hadn't seen significant price increases. "We did a lot of forward buying several months ago, and then a lot of our sellers, our third-party selling partners, forward deployed a lot of inventory to avoid some of the issues with the uncertainty around where tariffs are going to settle,' he said. Jassy said Amazon had about two million sellers in its marketplace. Even if some sellers pass on the costs of the Trump administration's tariffs to customers by raising prices, he said, many instead will 'take share and not increase prices.' Analyst: Data show better-than-expected quarter Jassy called generative AI 'the most transformative technology of our lifetime" and predicted that "many, perhaps most, consumers will have robots in the home sometime in the next 10 years or so.' Amazon shares are up 27% from a year ago and up about 5% investment firms also issued research notes ahead of Amazon's earnings. Stifel analyst Mark Kelley raised his price target on the company to $262 from $245 and affirmed a buy rating on the shares, according to The Fly. Heading into Q2 earnings for the investment firm's e-commerce and consumer app coverage, the analyst said third-party data suggest a better-than-expected quarter as the Trump administration has either struck more favorable deals or pushed out tariff implementation while waiting for deals. The investment firm was "too conservative in our models" after Trump's early-April tariff reveal, he said. Stifel has raised some other estimates within the sector. Wells Fargo raised its target on Amazon to $245 from $238 and maintained an equal weight rating. The firm estimated that the AI startup Anthropic should contribute about 1 percentage point of additional growth to AWS revenue in the second half compared with the first half, +2.4% vs. +1.3%. That supports the potential for stock outperformance in the second half of 2025, the firm said. Amazon has invested about $8 billion in Anthropic. Wells Fargo sees the 2026 contribution from Anthropic increasing to +3.1%, reinforcing the case for second-half growth to continue throughout 2026 as Anthropic inference revenue scales. Further, the firm sees inference as driving more than 75% of Anthropic's revenue contribution in 2026. And it sees AI's total contribution to AWS scaling to 10% in 2026 from less than 3% in revise Amazon stock-price targets ahead of Q2 earnings report first appeared on TheStreet on Jul 31, 2025 This story was originally reported by TheStreet on Jul 31, 2025, where it first appeared. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Chicago Tribune
29 minutes ago
- Chicago Tribune
In first store partnership, Ikea opening mini-showrooms in Best Buys
Ikea is teaming up with another retailer for the first time: Best Buy. The Swedish home goods giant will feature kitchen and laundry products inside mini-showrooms at select Best Buy locations. The store-in-stores will feature Best Buy appliances. The first 10 shops will launch in Florida and Texas and will be similar to the Ulta hubs in Targets and Sephora mini-stores in Kohl's. Best Buy declined to comment on when a location might reach its home state. The move reflects Best Buy's broader push to expand beyond its core electronics business, including the upcoming launch of a third-party marketplace. For Ikea, it offers a chance to tap into new markets as it looks to grow its U.S. footprint. 'Our focus is on creating new experiences for our customers that help them discover what technology can do for them, and this partnership with Ikea is a great example of how we're bringing this to life in our stores,' Patrick McGinnis, chief merchandising officer at Best Buy, said in a statement. The new locations will be staffed by Ikea designers and will offer consultation services. The first locations will open in the fall. Best Buy declined to comment on the financial side of the partnership. Compared with CVS Pharmacy at Target, where the retailer acts more as a landlord, Best Buy and Ikea are working 'collectively to provide holistic furnishing and appliance experiences,' the company said. Two stores also will serve as Ikea fulfillment centers, allowing customers of the home superstore to pick up their orders from a participating Best Buy location. Ikea, which prides itself on cost-consciousness and simplicity, is actively expanding its presence in the U.S., including smaller format Plan & Order stores like the one in Rosedale Center. 'This new partnership is really allowing us to bring the Ikea experience closer to where people live,' said Rob Olson, chief operating officer at Ikea U.S. The company plans to invest $2.2 billion in the U.S. market. In Texas, Ikea announced three new stores, all expected to open by the end of 2025 or early 2026. There are currently 10 stores in Texas and six in Florida. Ikea's large-format store like the one across from Mall of America in Bloomington — which most U.S. shoppers are familiar with — averages around 300,000 square feet. The newer, smaller locations typically average between 40,000 and 60,000 square feet. The Ikea hubs at Best Buy will be 1,000 square feet. Ikea operates 487 stores; 52 of them are in the U.S. 'Our vision for a perfect shop-in-shop experience is simple: We want customers to be able to envision their life at home,' Olson said. Best Buy has posted a decline in comparable sales for all quarters dating back to fiscal year 2023, aside from a 0.5% increase in the fourth quarter. The Minnesota-based retailer will report its second quarter earnings Aug. 28. The company also shed health tech startup Current Health in June. Best Buy declined to comment on details of the sale. It was reportedly purchased for $400 million four years ago. The retailer's third-party marketplace is expected to launch 'midyear,' CEO Corie Barry said on a first quarter earnings call. The low-risk, high-reward endeavor allows Best Buy to more closely compete with Amazon and other online retailers. 'This will allow us to bring our customers access to much more expansive assortments and new categories without needing to own the inventory,' Barry told analysts in March.
