Net effective industrial real estate rents increased by a record 17.6% in 2021, with gateway locations recording the fastest rent growth, led by California’s Inland Empire at 58%, the industrial real estate giant Prologis reported last month. Markets near…
Third-Party Logistics warehouse operations will continue to thrive throughout this year as customers search for solutions to the supply chain service and costs issue, according to CBRE Group, the world’s largest commercial real estate services and investment…
Ecommerce grocery sales reached a total of $97.7 billion for 2021 as more than 70% of households (93 million) received at least one or more online orders during the year. The survey was conducted by Brick Meets Click, the analytics and strategic insight…
December’s weak retail sales numbers and other economic indicators have caused concern because they seem to show a national economy that could be tottering on the edge of a major decline. Throughout 2021, it looked like the economy was progressing but was…
After a year of unprecedented increases, imports at the nation’s major retail container ports are expected to return to normal growth rates in 2022 but volumes will remain high, reports the National Retail Federation U.S. ports handled 2.11 million TEU in…
Worldwide Warehouse Management Systems revenues are expected to reach $10 billion by 2030 largely because of ecommerce growth, according to the high-tech consulting firm ABI Research. “The warehousing sector has been forced to ramp up its digitization…
In 2022 the industrial real estate market is expected to continue experiencing a shortage of space and high rents while the industry works to create more warehouse stock to meet the growing need. Robust demand and construction delays slashed the overall…
Chemical production expanded in 2021 as post-lockdown spending boosted demand for chemicals and the other goods and materials that contain them, the American Chemistry Council says. “While risks for the global economy remain, the U.S. chemical industry is in…
Home delivery, supply chain digitalization, and the need to develop strategies for dealing with inflation will create growing challenges for the grocery retail business in 2022, according to Bill Bishop, the chief architect of the grocery consulting and high…
Covid 19 had a major impact on trucking costs, according to the 2021 Analysis of the Operational Costs of Trucking published annually by the American Transportation Research Institute. “The various line-item cost centers clearly document the numerous impacts…
According to Deloitte research on consumer fresh food purchasing trends, frozen products are gaining an advantage in the food fight to capture growth in at-home consumption. “Consumers are worried the fresh food on store shelves isn’t as fresh as it used to…
A survey of chief financial officers by Gartner, Inc. found that 60% of employers experienced wage inflation in the second quarter – almost double the amount reported to the previous quarter. Nearly three in four of the CFOs polled cited the risk of lower…