Industrial Updates and News
Supply Chain Solutions inks big lease at new-look Tempe industrial park
04-01-2024
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. ...
Nikola’s Rollout of Hydrogen Trucks Is Hitting Supply-Chain Hurdles
03-25-2024
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 ...
Report: An Uncertain Economy Weighs on Embedded Finance Innovation for Marketplaces
03-17-2024
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 ...
Delivery Drones Are Gaining a Clearer Commercial Flight Path
03-14-2024
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 ...
America’s biggest warehouse owner is getting in on the data center game
03-10-2024
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 ...