Research recently issued by Los Angeles-based industrial real estate firm CBRE pointed to warehouses smaller than 120,000 square-feet, which it refers to as “light-industrial” properties, as growing in demand, due largely in part to continued e-commerce growth. Source: logistics Mgmt
DHL Supply Chain, a subsidiary of Deutsche Post DHL Group, formally announced a $100 million capital outlay to build a Dorchester, County South Carolina-based distribution and warehouse park. Company officials said that this facility is expected to create around 450 jobs and its first phase is expected to be completed in the first quarter of 2020. Source: logistics Mgmt
On the heels of a slight gain from October to November on the heels of two mild sequential declines, manufacturing output for the month of December finished 2018 on a downward slide, according to the monthly manufacturing Report on Business, which was released today by the Institute for Supply Management (ISM). Source: logistics Mgmt
Sizing Up IMO 2020 CSPDailyNews.com Source: Google Shipping News