Explore the latest technology development trends in the logistics industry and understand how innovative solutions drive industry transformation
The Q2 report on the U.S. industrial real estate market shows stable net absorption, driven by the resilience of the logistics sector which boosts demand for new warehouses. Despite challenges, companies are optimizing supply chain management through modernized facilities. Looking ahead, the stable market outlook presents opportunities for businesses.
According to the latest report, the net absorption of the U.S. industrial real estate market reached 29.9 million square feet in the second quarter, indicating an outperforming market, particularly driven by the continued demand for newly constructed logistics facilities, showcasing the industry's resilience and stability.
In the second quarter of 2023, the U.S. industrial real estate market demonstrated stable resilience with a net absorption of approximately 29.9 million square feet. The demand growth was driven by new logistics products, despite rising vacancy rates and consolidation pressures in some regions. By 2025, new supply is expected to exceed absorption, while absorption is projected to surpass supply by 2027.
According to a report by Cushman & Wakefield, the U.S. industrial real estate sector demonstrated stability in Q2 2023, with net absorption remaining consistent with Q1 levels and an increase in demand for logistics products. However, the western markets are facing challenges, leading to gradual changes in overall rents and construction activity.
The Cushman & Wakefield report indicates that in the second quarter of 2023, the U.S. industrial real estate market remained stable, driven by logistics resilience. There was strong demand for new warehousing facilities; however, the western regions faced negative absorption pressures. It is expected that in the coming years, new supply will continue to exceed absorption until 2027, when the market is forecasted to reverse.
This article offers the ultimate guide for selecting a suitable Warehouse Management System (WMS), covering project milestones, creating a shortlist of vendors, tips for vendor comparison discussions, and implementation advice. It helps you effectively identify the best solutions that meet your business needs.
The ProMat 2025 Innovation Awards have just been announced, featuring award-winning projects across various categories including forklift battery systems, sustainable tires, warehouse control systems, and mobile robots. This award aims to promote new technologies and innovative applications in the material handling industry, enhancing industry standards.
The winners of the ProMat 2025 Innovation Awards have been announced, featuring various categories such as Best Existing Product, Sustainability Innovation, and IT Innovation. The winners showcase cutting-edge technologies in the material handling industry that drive the sector towards increased efficiency and sustainability.
The 36th Annual Logistics Report reveals how the logistics industry responds to challenges under economic and geopolitical uncertainties through technological innovation, resource integration, and adaptability, while exploring sustainable development pathways.
The voice-controlled picking solution enhances warehouse efficiency through integration with multiple systems via voice commands. Coupled with wearable devices and autonomous mobile robots, Numina Group's RDS BatchBot solution achieves efficient logistics management. Additionally, improved voice recognition technology simplifies the training process for new employees, promoting the adoption of voice control technology in high-turnover industries.
