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.
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 details how to effectively leverage ThomasNet, a long-established North American industrial sourcing platform, for customer acquisition. It outlines a three-step process: precise searching, refined filtering, and proactive contacting, to help B2B companies identify target customers and expand into the North American market. The article also shares ThomasNet platform usage tips and suggests further reading on B2B cross-border e-commerce, aiming to empower businesses to succeed in the North American market. It provides practical guidance for generating leads and building relationships within the industrial sector.
The article discusses the collaboration between the World Customs Organization (WCO) and various UN agencies, focusing on how improving customs procedures and policies can facilitate and secure international trade, thereby enhancing global economic connectivity.
Maqinchao Airport (SAVQ/MQD) is located in Argentina and serves as a new air hub aimed at enhancing regional connectivity and economic development. Its construction will promote growth in tourism and business, benefiting local residents in various ways.
Pohang Port, located in Gyeongsangbuk-do, South Korea, is a significant industrial port with an annual throughput exceeding 30 million tons, primarily serving the POSCO steel complex. The port is well-equipped with various functional zones that facilitate the efficient import and export of raw materials and finished products, providing robust support for South Korea's shipping logistics and international trade development.
The Singapore Port Authority has signed a memorandum of understanding with Hainan Port International to enhance connectivity between Singapore and Yangpu Port. This initiative aims to improve logistics efficiency between South China and Southeast Asia, thereby promoting regional economic growth.
Ain Arnat Airport, an important air hub in Setif, Algeria, offers direct flights on multiple international routes. Airlines such as Air Algeria and Aigle Azur operate from this airport, providing travelers with flexible travel options and promoting connectivity and cultural exchange.
Antonio B. Won Pat International Airport is the main international airport in Guam, located near Hagåtña. As an important aviation hub, the airport features modern facilities and convenient transportation, supporting numerous domestic and international routes, thereby enhancing the region's international connectivity.
The article analyzes the shortcomings facing intermodal transport in China, such as poor infrastructure connectivity and imbalanced pricing between road and rail. It emphasizes the need to enhance efficiency and service quality through strengthened infrastructure connections, cargo organization, and transportation services.
