Retailers and wholesalers are driving the trend towards larger big box warehouses, according to the commercial real estate services giant CBRE. North American “big-box” warehouse transactions (defined as 200,000 square feet or larger) rose dramatically in 2021, intended to accommodate…
Confidence in the future application of intelligent robots used in warehouse automation is at an all-time high among logistics professionals, according to a survey conducted by the intelligent warehouse systems provider Covariant. Notable findings from the survey reveal a record-level…
Prism Logistics named Jeremy Van Puffelen President, succeeding his father and the company’s co-founder Jere Van Puffelen, who will continue to serve as Chairman of the Board. “Huge congratulations to the Van Puffelen family on Jeremy Van Puffelen, taking the…
A lack of willing workers is driving 3PL logistics providers who operate warehouses to adopt fleets of driverless lift trucks on a worldwide scale. Last month, the 3PL companies ArcBest and NFI Industries announced that they had invested jointly $42…
One solution to the paucity of warehouse space could come from converting unused office buildings, according to a report from the global real estate services firm Newmark. “The pandemic has only accelerated obsolescence of some older, less-amenitized product,” the company…
Logistics space in the United States is effectively sold out, according to the global industrial real estate giant Prologis Inc. Demand pushed the vacancy rate to a new low of 3.9% in the third quarter, the company reported in its…
The U.S. industrial market ended the third quarter with record-setting statistics with demand outpacing supply for the third quarter in a row. In fact, the market absorbed 140.7 million square feet (msf) in Q3 2021 -- the most space ever…
How are warehouse operators finding new employees in today’s tough hiring market? By poaching them from other employers, of course. That was the conclusion drawn from recent research conducted by Newmark, the nationwide commercial real estate sales and services firm.…
The growing wood pallet shortage threatens the availability of produce to consumers, reports the United Fresh Produce Association. The lack of pallets is adding stress to a supply chain already facing significant challenges, it says. These include a lack of…
CSX Corp. has acquired Quality Carriers, Inc., the largest provider of bulk liquid chemicals truck transportation in North America, from Quality Distribution, Inc. Founded in 1913, Quality Carriers operates the most extensive bulk tank trucking fleet in North America, with…
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About ACWI
Founded in 1911, we are a non-profit organization that matches your company – at no cost to you – to the right warehousing and logistics service provider.