Industrial Updates and News

Supply Chain Solutions inks big lease at new-look Tempe industrial park


A new-to-market transportation and logistics firm is taking a big chunk out of a recently built East Valley industrial park. Michigan-based Supply Chain Solutions has signed a 156,751-square-foot lease at Sight Logistics Park in Tempe. ...

Read More

Nikola’s Rollout of Hydrogen Trucks Is Hitting Supply-Chain Hurdles


The company says supplier deliveries have been slow, pushing the manufacturer to spend more on airfreight Supply-chain shortages are slowing the rollout of Nikola’s hydrogen-powered big rigs. Steve Girsky, Nikola’s chief executive, says ...

Read More

Report: An Uncertain Economy Weighs on Embedded Finance Innovation for Marketplaces


Logistics and wholesale trade businesses exhibit robust demand for embedded finance innovations. For example, most payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are very or extremely interested in digital wallet innovations.50%: Share of ...

Read More

Delivery Drones Are Gaining a Clearer Commercial Flight Path


Recent federal approvals have retailers ramping up tests, but hurdles to consumer acceptance remain Cassidy Shorland, a council member in Logan, Australia, wanted a refreshing treat on a hot day recently, but didn’t want ...

Read More

America’s biggest warehouse owner is getting in on the data center game


Prologis, the $100 billion-plus real-estate giant, has hired a new global head of data centers and could invest more than $25 billion into the sector in the coming years. Prologis had previously driven a boom in warehouse ...

Read More