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.
Analysts indicate that although green hydrogen has not yet been widely adopted in the shipping industry, the IMO's carbon pricing mechanism and net-zero carbon fund provide potential for its application. This move will promote the green transformation of the shipping industry, despite challenges such as funding and infrastructure issues.
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.
Third-party logistics (3PL) has experienced growth amidst challenges such as geopolitical issues, tariffs, costs, and labor shortages, achieved through technology investments and industry consolidation. In 2024, the net revenue of the U.S. 3PL market is expected to grow by 1.6%. Technological innovation and resource integration are becoming pivotal for the industry to tackle these challenges.
In 2025, the global aviation industry is expected to surpass five billion passengers for the first time, projecting a net profit of $36.6 billion, which will drive global economic growth and increase employment opportunities. The IATA highlights that the recovery of the aviation sector goes hand in hand with decarbonization investments, demonstrating its vital role in the modern economy.
Yang Ming Marine Transport announced its Q1 2025 financial results, reporting revenue of $1.39 billion and net profit of $290 million. Facing the challenges of global economic downturn and slowing container demand growth, Yang Ming will continue to optimize its service network, flexibly deploy its fleet, and advance its fleet and container renewal plans to enhance operational capabilities and respond to market changes.
DHL Group is deepening its partnership with Neste to significantly reduce carbon emissions in air and land transport by using Sustainable Aviation Fuel (SAF) and renewable diesel, supporting DHL's goal of achieving net-zero emissions by 2050. This marks a significant step towards a green transition in the logistics industry, which requires the collective efforts of governments, businesses, and consumers.
The Prologis IBI Index indicates a turning point in logistics real estate demand, with the Q3 activity index reaching 53. Net absorption, new lease signings, and project pipelines all show healthy growth. E-commerce and large enterprises are driving the increase, but trade volatility introduces uncertainty. The market recovery is non-linear, and businesses need to pay close attention to international trade developments.
The GLP IBI Index indicates a turning point in logistics real estate demand, with a Q3 activity index of 53. Net absorption, new lease signings, and project pipeline all increased. The market recovery is led by large corporations and e-commerce companies, but the overall recovery is non-linear. This index provides important reference for corporate decision-making and government policy formulation.
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.
