Prologis Reports Surge in Logistics Real Estate Demand

Prologis Reports Surge in Logistics Real Estate Demand

The Prologis IBI index indicates a rebound in logistics real estate demand. Market activity recovered in Q3, with increases in net absorption, new lease signings, and project pipeline. Companies are responding to trade uncertainties by increasing supply chain investments, leading to improved utilization rates and market conditions. Vacancy rates are stabilizing in the short term, but construction is slowing, potentially accelerating rental growth. Businesses should closely monitor market dynamics and develop flexible logistics strategies.

Kroger Invests 400M in Kentucky Logistics Hub

Kroger Invests 400M in Kentucky Logistics Hub

Kroger plans to invest nearly $400 million in Franklin, Kentucky, to build a high-tech distribution center. This initiative aims to enhance supply chain efficiency, optimize store replenishment capabilities, and create approximately 430 jobs in the local community. This project is a key component of Kroger's supply chain transformation strategy, demonstrating its commitment to community engagement and social responsibility. It also reflects Kroger's determination to innovate and adapt in a highly competitive market.

01/15/2026 Logistics
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Prologis Report Indicates Logistics Real Estate Demand Shift

Prologis Report Indicates Logistics Real Estate Demand Shift

The Prologis IBI Index indicates a turning point for logistics real estate demand in Q3, with net absorption, new leases, and project pipeline all surpassing the 2024 average. Companies are actively addressing trade uncertainties and optimizing operational efficiency. Tightening market supply suggests a new wave of growth. This positive shift reflects increased resilience and strategic adaptation within the logistics sector, signaling a potentially stronger performance in the coming quarters despite ongoing economic challenges.

WCO Workshop in Baku Boosts Customs Evidence Collection

WCO Workshop in Baku Boosts Customs Evidence Collection

The 2nd WCO COPES Regional Workshop was held in Baku, Azerbaijan, aiming to enhance evidence collection capabilities of customs administrations in the region to combat transnational crime. Through interactive training and experience sharing, the workshop strengthened the professional skills of customs officials from various countries and laid the foundation for future international cooperation. The COPES project will continue to strengthen international cooperation, focus on emerging forms of crime, and contribute to building a safer world.

Guinea Boosts Trade Efficiency with Stakeholder Partnerships

Guinea Boosts Trade Efficiency with Stakeholder Partnerships

With support from the Swedish-funded WACAM project, Guinea, in collaboration with the World Customs Organization (WCO) and the World Bank, has strengthened communication among stakeholders in trade facilitation. Through training initiatives and the establishment of a port advisory committee in Conakry, the aim is to improve customs efficiency and promote collaboration among all parties. This effort seeks to enhance the implementation of the Trade Facilitation Agreement (TFA) and foster Guinea's international trade development.

Gambia Revenue Authority Adopts Strategic Dashboard for Performance Management

Gambia Revenue Authority Adopts Strategic Dashboard for Performance Management

With support from the World Customs Organization-West and Central Africa Capacity Building Project, The Gambia Revenue Authority has launched the development of a strategic dashboard to improve performance management. By identifying key performance indicators (KPIs) and establishing monitoring mechanisms, the dashboard will provide senior management with an overview of organizational performance, facilitating decision-making and organizational development. This initiative represents a significant step for The Gambia in advancing modern tax administration.

Algeria Studies Dutch Customs Labs to Enhance African Trade

Algeria Studies Dutch Customs Labs to Enhance African Trade

Algerian customs experts visited the Netherlands to study customs laboratories, aiming to learn advanced practices for building a modern laboratory in their country. This visit is part of the EU-World Customs Organization HS-Africa project, which focuses on improving customs management and promoting trade facilitation in Africa. The study tour covered laboratory design, technical equipment, workflow, and tariff classification. The insights gained will provide valuable references for the construction of the Algerian customs laboratory.

Lima Airport Expansion Nears Completion Eyes South American Hub Status

Lima Airport Expansion Nears Completion Eyes South American Hub Status

The Peruvian government has rejected a request to modify the Lima airport expansion plan, insisting on the original design. This aims to increase airport capacity, improve service quality, and enhance technological capabilities. The project seeks to reposition Peru as a leading aviation hub in South America and stimulate national economic growth. This decision has received support from the airport operator and users, who see it as crucial for future development and connectivity.

Construction Firms Tackle Soaring Costs Amid Supply Chain Crisis

Construction Firms Tackle Soaring Costs Amid Supply Chain Crisis

The construction industry is grappling with soaring raw material prices. Multiple factors, including the pandemic, supply chain bottlenecks, trade policies, and natural disasters, have caused significant price increases in key construction materials like steel and lumber, impacting project costs and timelines. Construction companies should adopt strategies such as material substitution, shortening bid validity periods, and negotiating contract terms. Embracing innovative technologies like lean construction and prefabricated building is also crucial to navigate this 'cost winter'.

Ryder Terminal Industries Deploy AI to Streamline Logistics Yards

Ryder Terminal Industries Deploy AI to Streamline Logistics Yards

Ryder partners with Terminal Industries to optimize logistics yard operations using AI technology. The pilot project leverages computer vision and machine learning to achieve precise vehicle information recognition and automated inventory capture, significantly improving efficiency and reducing costs. The collaboration plans to translate the pilot experience into commercial applications, leading the intelligent transformation of the logistics industry. This approach aims to streamline processes, enhance visibility, and ultimately create a more efficient and cost-effective supply chain ecosystem.

11/03/2025 Logistics
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