Walmart Pays $223M for SoCal Cold-Storage Facility
Walmart→State Street
May 28, 2026
STG has completed the acquisition of Carrier Logistics, a last mile delivery business in New York. Carrier Logistics supports logistics operations for LTL and last mile delivery, helping carriers manage routing, scheduling, and service execution. STG is pursuing the Carrier Logistics acquisition to build an AI-agentic platform for LTL and last mile delivery workflows across NY acquisitions and logistics M&A. The deal is categorized as other acquisition, with deal size undisclosed and status announced, positioning it as a strategic platform expansion rather than a financial add-on.
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