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Stock impact report

VEYER Announces Opening of New Direct Import Facility in Savannah, Ga.

The ODP Corporation (ODP) 
Last the odp corporation earnings: 2/26 06:50 am Check Earnings Report
US:NYSE Investor Relations: investor.officedepot.com
Company Research Source: Business Wire
BOCA RATON, Fla.--(BUSINESS WIRE)--VEYER, a leading fulfillment and distribution company, today announced the opening of its new direct import and deconsolidation center in Savannah, Ga. The facility will play a crucial role in supply chain efficiency by breaking down freight and shipping it to nearby locations.Previously operating nearby in a third-party location, VEYER is taking the final step in its project to transition all warehouses to VEYER-operated locations.“The opening of our Savannah facility marks a significant milestone in our strategic growth plan,” said VEYER President, John Gannfors. “By streamlining our supply chain operations and controlling every aspect of our warehouses, we can deliver greater efficiencies and cost savings to our customers.”Occupying 157,000 square feet of the 500,000-square-foot building, the new Savannah location will primarily house bulky items such as furniture and other large products and employ 12 dedicated individuals. The facility will Show less Read more
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