The CFO of contract logistics firm GXO Logistics says labor costs are cooling but U.S. warehouse space remains tight.
Prologis says warehouse rents will step higher again in 2023.
The remarkably buoyant Chicago industrial real estate market faces supply shortages and elevated rents as big investors step back, Colliers says.
The number of truck transportation jobs rose in December, but following revisions of the earlier months, the fourth-quarter gain was minimal.
Ryder rolls out warehouse automation that fits your profile.
The Fed’s actions will not cool off rent growth, which is a byproduct of the supply-demand scale.
Lineage’s second big equity raise this year will support a 7% increase in the company’s global real estate capacity.
Lazer Logistics said Tuesday it has acquired the yard shuttling operations from Colorado-based Preferred Cartage Trucking Services.
Higher borrowing costs will cut all real estate asset values by 5% to 7%, according to CBRE’s 2023 outlook.
Prologis 2023 forecast says Texas will overtake California in warehouse demand, Mexico activity will surge due to nearshoring growth, and U.S. e-commerce will rebound to enjoy its second-best year on record.
