Global Research Brief

The global economy clearly lost considerable strength this year. Global real GDP growth is tracking to come in at 3.0% for 2019—its slowest pace since the global financial crisis. Although commercial real estate (CRE) leasing fundamentals remain broadly stable, it is also evident that the pace at which businesses were gobbling up space decelerated against[…]

Sam’s Club Tests Retail Space at eCommerce Fulfillment Center

Sam’s Club last week reintroduced retail space to a former store in Tampa, Florida that the company had converted to an eCommerce fulfillment site, according to local reports. The store shuttered last January as part of the company’s sweeping closures and began filling online orders several months later. The retail space, located in what was[…]

Jacksonville ranks #1 for large cities

Axios recently published an article ranking the top 5 Counties for attracting job talent based on population. Duval County, Florida (Jacksonville) ranked number 1! The article notes that Jacksonville’s job growth has been bolstered by the introduction of Amazon and Wayfair distribution centers. Read the full article here! 

Where Do Robots Fit in Tomorrow’s Supply Chain?

Honeywell recently announced the opening of its new advanced technology center of excellence, Honeywell Robotics. Located in Pittsburgh, the new center is focused on innovating and developing artificial intelligence, machine learning, computer vision and advanced robotics for use across supply chains. In ramping up the new center for excellence, the vision is to provide fully[…]

Cold Storage – Niche Assets: Well-Positioned for Growth

Niche assets offer investors focused exposure to a range of long-term drivers, including demographic change, affordable housing challenges as well as changes in technology and consumer behavior. Investors should consider the following: Transaction activity has exploded in recent years and should continue to grow, particularly among emerging concepts In each of the last two recessions,[…]

2019 Industrial Logistics Report

Cushman & Wakefield’s Florida Industrial Logistics Report explores the state’s unique network for moving goods from entry points to markets. The report also explores how Florida’s combination of ports, rail lines and highway systems play an integral part in supply chains that service customers. We follow a by the numbers approach in the report that[…]

2019 North American Ports Outlook Report

As U.S.-China trade continues to dominate headlines and uncertainty looms for numerous industries, many eyes stay turned to the ports and intermodal sector. Today, consumers from all over the world want to receive goods faster, no matter where the product comes from, and that expectation is not going away anytime soon. The ports and intermodal[…]

Global Supply Chain Startup Funding at Over $12B For the Year

The amount of money going toward supply chain and logistics startups in 2019 could surpass 2018 totals considering the amount of funding already raised, according to an analysis by CB Insights. These startups raised more than $13.59 billion in 2018 and have already raised $12.47 billion in 2019, the report found. There have been 416[…]

Equity, Debt & Structured Finance Capital Markets Update

Market Commentary Treasury yields and major US equity indices moved higher for a second straight week as US and China officials announced plans to hold face-to-face meetings in Washington in “early October.” The optimism of a trade war is outweighing concerns of a slowing global economy temporarily. The increase in rates has meant slightly higher[…]

Walmart Tests Shipping Goods from Third-Party Vendors, The Better to Take on Amazon

Retail giant Walmart Inc. is testing a service that will store and ship products for third-party vendors, something that mega-retailer Amazon has done for over a decade. Currently Walmart only uses its vast logistics infrastructure to supply its own stores. The move by Walmart would not only allow it to compete for online sales against[…]

How Drone Attacks Impact Shipping: Crude Tanker Fallout

The drone attacks on Saudi Arabia’s oil facilities could have far-reaching consequences for ocean shipping. There are broader implications for all vessel types – on fuel pricing, chartering sentiment and possibly even trade politics – but crude tankers are most directly in the line of fire. Financial analysts’ views on how crude-tanker companies will be[…]

Florida’s Industrial Evolution

The industrial sector is undergoing a rapid transformation and Florida is at the forefront. The e-commerce boom, supported by a strong economy and growing population, has positioned Florida as a target market for new construction and tenant expansion. In the first half of 2019, over 7.3 msf was delivered with 15.3 msf currently under construction.[…]

Thinking Outside the Box: How SafeTraces Tracks Food, Not Packages

During a 2011 listeria outbreak involving cantaloupe, 33 people died and 137 were sickened. While Anthony Zografos was not one of them, the story caught his eye. And the thing that concerned him the most was the weeks it took to pinpoint the source of contamination. Many consumers may have had those melons in their[…]

UPS: No Residential Peak Delivery Surcharges For 2019 Holiday Season

UPS announced August 16 it will not be applying additional peak surcharges for residential deliveries during the 2019 holiday season, which runs approximately October 1, 2019 through January 4, 2020. The carrier said it would leverage cost savings from its expanded air freight network and automated sortation “super hubs,” passing it on to customers. Other[…]

Schneider Shuts Down First to Final Mile Delivery Due to ‘Poor Operating Performance’

Schneider National is shuttering its First to Final Mile (FTFM) service due to the poor operating performance. The FTFM service handles deliveries of home goods and bulky items. The shutdown is expected to be completed by Dec. 31, 2019. Large last-mile deliveries, also known as big and bulky, have become more prominent in recent years[…]

IBM Launches Blockchain Supplier Management Platform

IBM launched a new blockchain-enabled supplier management platform called Trust Your Supplier. The service will digitize and secure various manual and/or paper-based supplier information, qualifications, onboarding and management processes, which IBM Procurement believes could reduce its own supplier onboarding time by 70% to 80% and administrative costs by 50%. Trust Your Supplier creates a digital[…]

Welcome to Jacksonville! Two New Companies Lease Space in Jax

Jacksonville has two new industrial tenants. The industrial leasing team of Tyler Newman and Jacob Horsley recently assisted in the leasing of International DC 1 and International DC 5 to Mygrant Glass and Priority Tire in the Jacksonville International Tradeport. Together, they have leased a combined 112,000 SF. Developed by Jackson-Shaw, International DC 1 and[…]

Tariff Whiplash is Already Taking a Toll on Retail

Welcome to the era of trade chaos for retail. Beginning in May, retailers lived with the official reality that a huge swatch of Chinese goods — known as “tranche four” which covers pretty much everything that hasn’t already gone through tariff increases — would get a 25% tariff. Retailers and analysts from nearly every sector[…]