Industrial Real Estate News

Third-party logistics providers and shippers aren’t waiting for a full economic recovery to take stock of their warehousing and distribution strategies.

Kuehne+Nagel has launched a new customized spare parts logistics hub “solution” for the aerospace industry in Singapore.

Geodis Wilson has opened a new logistics center in southern Vietnam to meet rising demand.

DHL Supply Chain has opened a new multi-user warehouse in Indonesia to meet thriving demand for logistics services from the technology sector.

Geodis Wilson has opened a new logistics center in Singapore’s Jurong harbor.

Crowley Maritime’s Caribbean logistics unit has nearly doubled its distribution center space in Puerto Rico with the acquisition of a warehouse adjacent to Crowley’s existing 70,000-square

U.S.

Footwear sales in the U.S. were up 7.9 percent in March, rising to a near-record $2.41 billion, just short of the $2.45 billion record set in February.

With transportation representing the biggest cost factor in the domestic supply chain, retailers are locating their inland distribution facilities as close to rail ramps as possible, an industrial rea

Kerry Logistics is further expanding its logistics footprint in the interior provinces of China as OEM customers move inland in search of lower land and labor costs and to better serve the booming dom

Siemens and DB Schenker have signed a framework agreement, which covers the global contract logistics relationship between the two German companies.

A federal grand jury in Miami indicted 11 men for sale and distribution of $100 million in stolen freight, including $75 million in pharmaceuticals taken in the brazen burglary of an Eli Lilly & C

Vos Logistics’ revenue grew 5 percent in 2011 from a year ago to $333 million as the Dutch trucking and logistics group benefited from sharply higher domestic and international freight volumes i

Target Corp.

Pantos Logistics is further expanding its partnership with Coca-Cola and has signed a new logistics contract with the beverage giant in Indonesia.

Family Dollar Stores’ plan to increase inventory up to 20 percent by adding new products and opening up to 500 stores this year will drive business for shippers, particularly those that supply f

Best Buy plans to close 50 stores over the next year, the latest sign of how big box retailers are being undercut by e-commerce rivals.

China remains undersupplied with international-grade warehouse facilities, but the logistics real estate sector offers long-term growth prospects, according to a new report from Jones Lang LaSalle.

Growing e-commerce is making prom kings and queens out of markets typically seen as wallflowers compared to port regions.

Pantos Logistics recently opened a roughly 31,000-square-foot logistics center near the Port of Rotterdam to distribute vehicle parts across Europe.

Pantos Logistics recently opened a 32,808-square-foot logistics center near the port of Laem Cabang, Thailand, as the third-party logistics provider aims to tap the growth of nearby auto and electroni

ProLogis says its sale of 13 industrial properties in the UK totaling 3.5 million square feet will allow the logistics real estate developer to better deploy its capital.

Hong Kong-based Kerry Logistics, in the midst of a broad expansion of its Asia network, says it expects to com

The port of Busan is building a 22 million-square-foot distribution park to meet the demand for manufacturing, packaging, and assembly at the South Korean hub.

Pennsylvania plans to begin collecting sales taxes Sept. 1 by Internet retailers, including Amazon.com, that have a physical presence in the state.

Amazon.com is telling investors its heavy investment in distribution centers and other supply chain improvements to speed delivery of consumer goods likely will cut into profit in the coming months.

Rising inventories and consumer spending caused U.S. gross domestic product to expand at a 2.8 percent annual rate in the fourth quarter, the fastest growth in a year and a half.

Pantos Logistics recently opened a second logistics center at South Korea's Incheon airport, the world’s fourth largest cargo airport by volume in 2010.

Amazon plans to open a 1 million-square foot fulfillment center in Spartanburg, S.C., its second new fulfillment center in the Palmetto State in two years.

Panalpina said its new logistics center in Moscow will target shippers of high tech, automotive, high-end fashion and telecoms cargoes across Russia.

C.H.

The Food and Drug Administration cleared the first three shipments of imported orange juice tested for an illegal fungicide, but 28 shipments of juice and concentrate are still on hold pending test re

The Virginia Retail Merchants Association says it will urge state legislators this year to require Amazon.com, which will receive $4.3 million in state incentives to build distribution centers in the

Kerry Logistics will build a 753,000-square-foot logistics center in Zhengzhou, as the third-party logistics provider expands its reach in north-central China.

U.S. warehouse facilities have never played a more vital role in supply chain strategies. As the U.S.

MIQ Logistics this week opened a 70-acre logistics center in eastern Pennsylvania, the logistics firm’s eighth distribution facility opening in 12 months.

Real estate firm Clarion Partners and the real estate arm of DHL Supply Chain, with an unnamed client as partner, will develop three logistics facilities totaling 1.4 million square-feet in suburban S

Modest growth in demand will outpace expansion of warehouse and distribution center space to lower vacancy rates and raise rents this year, Grubb & Ellis said a recent report.

Many Japanese companies are still feeling the pinch of heavy flooding in Thailand because of supply chain disruptions, according to an emergency survey conducted by the Ministry of Economy, Trade and

Panalpina said its recently opened 32,800-square-foot logistics facility in North China will become the Swiss logistics group's hub in the growing region.