South Carolina Ports CEO Unpacks Increasing Pressure On Ports
The pandemic-spawned import booms, capacity shortages and shutdowns have proved again and again the rigidity of port and supply chain infrastructure. After all, the port industry plans its infrastructure decades in advance, so increasing capacity overnight is nearly impossible. Some ports more than others, however, have demonstrated agility and operational foresight. In an exclusive interview with FreightWaves, Jim Newsome, CEO and president of South Carolina Ports Authority, unpacked three causes of congestion challenges.
Inland Warehouses Overtake Landscape
The Inland Empire supply chain doesn’t just flow, it gushes.
Logistics dominate the former citrus powerhouse where almost 5 million live. For better or worse, the region’s present and future are tied to mammothwarehouses and an 18-wheeled armada connecting the fruits of overseas labor to shopping aisles and doorsteps.
High Desert is the 9th Fastest Growing Area in the US
https://www.visualcapitalist.com/fastest-growing-cities-in-the-us/
Where Are All the Truck Drivers? Shortage Adds to Delivery Delays
Truck driver Chris Wagner pulled his big rig into a grain processing plant in Sidney, Ohio, on a recent afternoon to pick up a load bound for the Chicago suburbs. He’d lost his scheduled place in line because of delays at an earlier delivery, so it was 10:45 p.m. before the plant was ready to load his trailer.
Truckers Steer Clear of 24-Hour Operations at Southern California Ports
The Biden administration pressed ports in Southern California to open 24 hours a day to help ease supply-chain bottlenecks. The move has barely made a ripple.
What’s Caused America’s Supply Chain Crunch? 60 Minutes
https://www.youtube.com/watch?v=W7jSsyQKIfE&ab_channel=60Minutes
Inland Empire Warehouse Tenants Facing Sticker Shock
Inland Empire warehouse users who plan to renew a five-year lease or move to another space in the coming months will face some of the nation’s highest rent increases, according to a new report.
Why The U.S. Will Need 1 Billion Square Feet of Warehouse Space by 2025
The U.S. is facing a warehouse shortage, with 1 billion square feet of new industrial space needed by 2025 to keep up with demand, according to commercial real estate services company JLL.
The Rise and Expansion of the Outpost Economy
“The secular shift in how we work, live, and think about our life is opening opportunities in outpost economies around the U.S.,” says Graceada Partners in a new report. These are defined as smaller cities with a quality of life that draws workers who have become untethered from their current living situation or location.
ISFs Could be the Next Industrial Real Estate Gold Rush
Institutional investors eyeing small outdoor properties that store transportation equipment.
