US Service Sector Hits Record High in May Amid Demand Surge

US Service Sector Hits Record High in May Amid Demand Surge

The US Services PMI hit a record high of 64 in May, signaling a robust economic recovery. All 18 industries reported growth, driven by pent-up demand. However, supply chain bottlenecks, labor shortages, and inflationary pressures pose significant challenges. Experts anticipate a potential pullback in the future, but overall demand remains strong. Policymakers should focus on addressing structural issues to ensure sustainable growth. The strong PMI indicates a vibrant services sector, but the underlying constraints need careful monitoring to avoid hindering long-term economic progress.

01/20/2026 Logistics Industry Insights
Read More
US Industrial Real Estate Vacancy Hits Record Low Amid Ecommerce Surge

US Industrial Real Estate Vacancy Hits Record Low Amid Ecommerce Surge

CBRE reports that the US industrial real estate market continues to tighten, driven primarily by e-commerce demand. Availability rates have reached new lows, exacerbating the supply-demand imbalance and driving rent increases. The future market presents both opportunities and challenges, with continued e-commerce growth and technological innovation poised to propel the industry forward. The market's strong performance is expected to continue, although at a potentially slower pace as new supply attempts to catch up with demand.

02/04/2026 Logistics
Read More
US Industrial Real Estate Vacancy Hits Record Low As Ecommerce Grows

US Industrial Real Estate Vacancy Hits Record Low As Ecommerce Grows

A CBRE report indicates a continued decline in US industrial real estate vacancy rates, primarily driven by e-commerce demand. New supply hasn't fully met demand, but the supply-demand gap is narrowing. The decline in vacancy rates is expected to slow, but the long-term growth trend remains. Rental rate increases and market differentiation present both opportunities and challenges for investors and businesses. The future of the e-commerce-driven industrial real estate market warrants close attention.

02/04/2026 Logistics Industry Insights
Read More
US Industrial Real Estate Vacancies Hit Record Low As Ecommerce Grows

US Industrial Real Estate Vacancies Hit Record Low As Ecommerce Grows

A CBRE report indicates that the US industrial real estate vacancy rate continues to decline, reaching a historic low with demand significantly exceeding supply. E-commerce is driving demand growth, but rising interest rates and trade frictions pose challenges. Experts recommend focusing on 'pop-up' logistics spaces. The industry needs to take a long-term view and closely monitor market dynamics. The low vacancy rate highlights strong demand, but economic headwinds require careful navigation for sustained growth in the industrial property sector.

02/04/2026 Logistics Industry Insights
Read More
US Industrial Real Estate Thrives Despite Higher Rents CBRE

US Industrial Real Estate Thrives Despite Higher Rents CBRE

A CBRE report indicates record-high industrial real estate rents in the Americas, driven by demand from e-commerce, 3PL, and food & beverage sectors. Despite labor cost and availability challenges, the market continues to expand, albeit at a slower pace. The report highlights key insights including tight market supply, structural shifts in demand, and record investment volumes. This information provides valuable context for corporate investment decisions. The market's resilience and evolving dynamics are crucial considerations for stakeholders.

01/19/2026 Logistics Industry Insights
Read More
Hebei Province's Port Container Throughput Sets New Record, Exceeding 2 Million Teus

Hebei Province's Port Container Throughput Sets New Record, Exceeding 2 Million Teus

Hebei Province has made significant achievements in container throughput, reaching a total of 2.206 million TEUs by the end of November, a year-on-year increase of 34.8%. Huanghua Port has experienced the fastest growth, with an increase of 71.9%. The number of shipping routes has increased to 66, and the throughput is expected to exceed 2.4 million TEUs by the end of the year, setting a new historical record.

12/20/2023 Logistics
Read More
Overview and Importance of the Port of Seattle

Overview and Importance of the Port of Seattle

This article provides a comprehensive analysis of the Port of Seattle, focusing on its geographic location, port facilities, terminal operations, cruise services, free trade zones, and climate characteristics. As a vital commercial port in the western United States, Seattle hosts numerous container and bulk cargo terminals, playing a crucial role in international trade.

07/18/2025 Port Encyclopedia
Read More