Pier 1 Imports Sells DC to Donnelley

| MCM staff

Home furnishings and decor retailer Pier 1 Imports has closed the sale of its 514,000-sq.ft.-distribution center in St. Charles, IL, to printer R.R. Donnelley for $11.8 million.

Shipping Companies Post Revenue Gains

| Jim Tierney

Looking for signs that the economy is heading in the right direction? Recent financial results from the major players in the global shipping market indicate things are picking up a bit.