Industrial Updates and News

Warehouse Rents Slipping on Declining Demand

04-14-2024

Taylor Wood says bargaining with warehouse owners for storage space is far different than during the pandemic, when demand for industrial space was red hot. “I’ve never seen a market like that, where we ...

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Third-Party Logistics (3PL) Market Poised for Growth, Expected to Surpass USD 1.59 trillion by 2028

04-06-2024

The "3PL Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)" report has been added to ResearchAndMarkets.com's offering. The Third-Party Logistics (3PL) Market, a critical component of global supply chain management, is experiencing a ...

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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. ...

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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 ...

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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 ...

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