The ports are a vital economic engine for the U.S. and a huge driver of demand for industrial real estate. The Ports industry remains essential to the supply chain process and will continue to evolve to meet the increased demand for goods. The U.S.-China trade tensions had an impact on container volumes, especially for West Coast[…]
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[…]
Rolls-Royce is partnering with Intel to conquer the immense amount of data required to make autonomous container ships a reality. With shipping, the data from these sensors are at greater scale than in other autonomous vehicle applications, which is why Intel processors are being added to the ships and data centers on land. This collaboration[…]
Perishable goods are particularly at risk when supply chains are delayed, and U.K. and EU food producers are on edge as the clock ticks down to the planned date of Brexit next March. Under current trade agreements, food products can move quickly between the European mainland and the U.K. For example, salad greens can go[…]
Click on the photo for an interactive map to view the top 13 U.S. ports in more detail.
Some of the priciest logistics hubs are located at U.S. seaports, and distributors and equipment providers may be willing to pay a premium in these coveted areas. As the eCommerce world continues to impact all areas of industrial real estate, landlords of these port properties and the potential occupiers see benefits to these port locations.[…]
Aided by a rising economic tide, the Jacksonville Port Authority posted record numbers for shipping automobiles and cargo containers during the fiscal year that ended Sept. 30. The port authority’s terminals broke through the 1 million mark for cargo container units, posting a 7-percent annual increase in shipments of the metal boxes that contain a[…]
Demand for Rail-Served Industrial Facilities Remains Healthy Key Takeaway North America intermodal rail shipments eased a bit in 2016 with full-year intermodal freight volumes down 3.3% compared to 2015; however, 2016 still ranked as the second highest full-year volume on record, according to the Intermodal Association of North America (IANA). Despite the slowdown, demand for[…]