With Blackstone’s bucks behind it, Link Logistics makes its presence known
The unit of the financial services titan becomes a big player in U.S. logistics real estate.
The unit of the financial services titan becomes a big player in U.S. logistics real estate.
Blackstone’s logistics real estate unit boosted its U.S. portfolio to 440 million square feet.
Available space at the country’s most important warehousing complex drops to unimaginable levels.
Moghadam said the company will need to increase its facility footprint at the same pace.
The event will take place at Prologis headquarters in San Francisco from 11 a.m. to 2:30 p.m. PT, with the option for attendees to attend virtually.
Online growth, higher inventory levels are trends that will likely last, Moghadam says.
With business booming, the logistics warehouse titan reports better-than-expected results and raises full-year estimates.
Industrial warehouse operator Prologis Inc. said Thursday it was expanding a training program aimed at bringing 25,000 new workers to the logistics industry.
Low vacancy rate amid surges in development is unprecedented for the market
Prologis’ second-quarter results exceeded analysts’ expectations, and guidance moved higher as property rents are increasing at a record pace.
Logistics real estate investment trust Prologis announced Monday that demand for space remains robust and that operations are the healthiest in its 38-year history. The company modestly beat expectations for the second quarter and raised its outlook for the rest of 2021.
A Prologis Research report says new logistics real estate completions coming online will fall short of demand over the next decade.
Carbon-neutral construction, renewable energy installation and worker- and community-based programs are among Prologis’ sustainability initiatives.
Industrial and logistics real estate investment trust Prologis brings in an industry veteran to manage relationships with multimarket customers and expand broker relationships.
Steel costs and availability could delay projects for the rest of the year, expert says.
Prologis announced it has partnered with the Association for Supply Chain Management to launch a certification program for logistics workers.
A Prologis Research report points to strong retail sales and inventory restocking as the catalysts behind further tightening in logistics real estate markets.
Prologis launched a new LEED program, Blume Global says it will be carbon-neutral very soon, and bays are seeing ecological recovery.
Logistics warehouse provider Prologis sees the real estate market tightening further in 2021. Rents are expected to step higher by mid-single digits even as more capacity comes online.
Logistics warehouse provider Prologis reports a beat-and-raise quarter. The company is forecasting occupancy to continue to tick higher even as new properties come online.
The capital will drive volume growth and help Baton expand to new markets.
RPG has acquired a 200,000-square-foot San Diego industrial facility with plans to redevelop it to accommodate e-commerce warehousing and distribution.
Prologis Research sees the need for modern logistics space climbing by at least 3 billion to 4 billion square feet over the next cycle.
Perks, not just higher wages, may be the price for retaining qualified and high-demand warehouse labor.
In today’s edition of The Daily Dash, offering up a to-do list for new Transportation Secretary Pete Buttigieg. Plus, recapping the latest earnings and how Bezos changed logistics.
Rents on U.S. logistics real estate advance amid pandemic-related headwinds during 2020. The annual Prologis Logistics Rent Index puts a bow on the year and takes a look at what 2021 has in store.
In today’s edition of The Daily Dash, an activist investor speaks about what changes Forward Air should make. Plus, FedEx Ground is losing a key executive and why UPS Freight was no longer a strategic fit for UPS.
Prologis enters the new year with “optimism and confidence” as logistics real estate remains in high demand. Fourth-quarter financial results and 2021 guidance come in ahead of forecasts.
Logistics real estate operator Prologis reports better-than-expected fourth-quarter results as the “pandemic has pushed global supply chains to their limits.”
In today’s edition of The Daily Dash, Heartland Express announces an operating income improvement in its Q4 earnings. Plus, an appeals court says California can’t regulate a truck driver’s meal and rest breaks, and Daseke’s board chairman talks the future of the company.
The position is seen as a nod to the growing complexity of Prologis’ business.
Logistics real estate operator Prologis highlights ways automated warehouse solutions can help offset part of the growing need for logistics space.
Automation, optimization and location are all key in making warehouses function more sustainably.
A Prologis research report highlights the ways warehouse automation is easing the growing pains of e-commerce.
In today’s edition of The Daily Dash, J.B. Hunt is not expecting a slowdown in freight through at least the first quarter of 2021. Plus, Nikola Corp. and General Motors continue talking about a battery agreement, and some roads are just made for truckers.
Developer’s scale designed to make life easier, less expensive for warehouse customers.
The freight business is both complicated and asset-heavy. To be successful, tech startups need to know the freight business, its pain points and its limitations.
In today’s edition of The Daily Dash, shippers want to know how a broker transparency rule would impact them. Plus, Schneider and Werner are among those reporting earnings and carriers weigh in on the election.
Prologis Inc. announces the completion of the largest-ever portfolio sale of logistics warehouses in the U.K.
A new report from Prologis shows potential for a “critical shortage” of logistics real estate by early 2021.
In today’s edition of The Daily Dash, Knight-Swift sees a strong 2021 ahead; experts are predicting a wild Q4; and Kenan Advantage Group could be for sale.
In today’s edition of The Daily Dash, another SPAC is on the hunt for a possible acquisition in the transportation space. Plus, Prologis posts strong Q3 earnings and more charges in the Louisiana investigation into staged truck accidents.
Logistics real estate investment trust (REIT) Prologis beats third-quarter expectations and raises guidance. Conditions have improved and the runway for e-commerce-related growth appears long.
Logistics real estate investment trust Prologis records a better-than-expected third quarter and modestly raises its 2020 guidance.
Prologis is partnering with tech startup Strivr to use virtual reality learning to train workers, maximize efficiency and reduce safety incidents.
FreightWaves’ JT Engstrom talked e-commerce logistics with Prologis’ Melinda McLaughlin during the FreightWaves Future of Logistics Real Estate Summit on Tuesday.
The logistics warehouse of the future will be heavily automated, purpose-built for e-commerce and ready for tenants to “plug in” and go live almost immediately, a top executive for distribution giant Ingram Micro said Tuesday. Keynoting FreightWaves’ daylong webinar on the future of logistics warehousing, Ken Beyer, executive vice president and president of commerce and […]
JLL projects an additional 1 billion square feet in logistics property demand by 2025. That may be way too low.
Prologis’ research group views the potential conversion of underutilized brick-and-mortar retail space to logistics real estate as minimal.
In today’s edition of The Daily Dash, more news from the FreightWaves Carrier Summit, a look inside the nation’s first digital trucking fleet, Amazon’s latest court loss and why Prologis is training logistics workers.
Prologis Community Workforce Initiative announces plan to prepare 25,000 workers for a career in the logistics industry by 2025.
A new report commissioned by Prologis reveals the company’s logistics warehouse footprint encompasses $2.2 trillion of goods annually. Logistics real estate demand continues to see green shoots.
Logistics REIT Prologis sees demand for space accelerate even as e-commerce activity recedes to near-normal levels. 2020 outlook raised on market tightness.
Logistics REIT Prologis reports stronger than anticipated second quarter and raises outlook for the remainder of the year.
Prologis seeks to sell the largest-ever warehouse portfolio in the U.K. The deal is reported to include 22 properties valued at more than $500 million.
A research report from Prologis highlights the growing need of logistics space. The recent April downturn reversed course quickly in May, supporting the notion that any demand degradation will be “short-lived.”
Freightwaves Founder and CEO Craig Fuller discusses the impact of COVID-19 on the global supply chain with Will O’Donnell, Managing Partner of Prologis Ventures – from FreightWaves LIVE @Home
How the COVID-19 spotlight could accelerate change for global supply chain.
Prologis reports solid first quarter, but reels in guidance on COVID-19 headwinds. An uptick in demand is not likely until a vaccine is discovered.
Prologis’ update highlights strength of the logistics real estate market entering pandemic. Some clients are asking for rent relief.
Startup Baton Trucking believes it can eliminate waste and detention through a drop yard network.
Urban deliveries to overrun cities. Tier one auto suppliers to get squeezed
Food and beverage industry increased share of largest warehouse leasing deals in 2019, CBRE says
Prologis posts solid 2019 results, hikes 2020 guidance
Andy Peters provide details about happenings in the warehousing- distribution center-real estate sector.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Cross-border trucking remains strong despite ongoing violence in Mexico; Freight tech firm GuruCargo is acquired by regional company; FIBRA Prologis expands in Mexico; and Nuevo León becomes the No. 1 state in Mexico for manufacturing. Cross-border […]
Prologis closes on $4 billion deal to buy Industrial Property Trust
Prologis expands Chinese footprint with multi billion dollar investments
FreightWaves CEO Craig Fuller chats with William O’Donnell, Managing Partner of Prologis Ventures, on the set of FreightWaves LIVE in Chicago.
Real estate is benefiting from the growth of e-commerce, where the supply chain is evolving from a cost center to a revenue generator.
The transaction is worth approximately $12.6 billion.
Logistics investments are core assets for Norwegian oil fund
To reduce labor turnover, businesses will have to understand the needs of their workforce and look to innovate and optimize activities in and around the warehouse vicinity.
Prologis, the global leader in logistics real estate, has joined the Blockchain in Transport Alliance (BiTA).
Nuveen Real Estate acquires 100-property US logistics portfolio from Blackstone
The nation’s largest logistics warehouse owner, operator and developer bolsters its Los Angeles portfolio with an increasingly difficult find.
Warehousing markets have just recovered from the last round of tariffs and there is not a lot of slack.
Truckload volumes on a national basis have been trending 3% above 2018 levels for a week.
Logistics real estate company Prologis, Inc. acquires 37.5 million square feet in $4 billion deal.
Singapore’s GLP had planned a US IPO. Instead, it has dramatically downsized its US exposure by selling most of its assets to Blackstone
Prologis and Blackstone Group are both trying to acquire the U.S. warehousing portfolio of GLP.
Company posts stellar 2018 results. CEO says prudence is key amid uncertainty.
Demand for trained workers is growing, but few educators know how to teach the fundamentals of logistics as it is practiced today.
At Marketwaves18, Eric Berdinis said the industry can all benefit from a greater level of cooperation.
Can the multi-level warehouse model catch on?
Prologis is making further investments in the communities it has developed by launching an internship program for high schoolers from under-served areas to enter the logistics industry.