JLL Industrial Real Estate Growth to Slow in 2024

JLL Industrial Real Estate Growth to Slow in 2024

A JLL report cautions that the growth rate of the US industrial real estate market may slow down. While fundamentals remain solid, macroeconomic uncertainties, new supply pressures, and rising interest rates pose challenges. The report emphasizes that market participants need to remain vigilant, rationally view future developments, and focus on quality and efficiency. It advises a cautious approach considering the potential headwinds impacting the sector's expansion.

01/29/2026 Logistics Industry Insights
Read More
Navis Octopi TOS Helps Small Ports Digitize Operations

Navis Octopi TOS Helps Small Ports Digitize Operations

Navis acquired Octopi to provide cloud-based TOS solutions for small container and mixed cargo terminals. Octopi boasts cloud deployment, lightweight design, comprehensive functionality, real-time communication, and scalability, enabling smaller terminals to achieve efficient and intelligent operations management and enhance their competitiveness. This acquisition signifies Navis's further expansion of its product line, focusing on the small terminal market and contributing to the development of smart ports.

01/29/2026 Logistics
Read More
Cathay Pacific Acquires Air Hong Kong to Boost Cargo Operations

Cathay Pacific Acquires Air Hong Kong to Boost Cargo Operations

Cathay Pacific plans to fully acquire Hong Kong-based cargo airline, HK Express Cargo, to bolster its air freight capabilities. Facing market competition, Cathay is optimizing operations, enhancing service quality, and anticipating opportunities arising from the expansion of Hong Kong International Airport. This strategic move aims to strengthen Cathay Pacific's position in the competitive air cargo market and leverage future growth potential within the region.

01/29/2026 Logistics
Read More
UPS Expands Healthcare Logistics in Latin America with New Facilities

UPS Expands Healthcare Logistics in Latin America with New Facilities

UPS expands its healthcare services in Latin America by establishing new facilities in Mexico City, São Paulo, and Santiago. These facilities offer temperature-controlled storage and compliance assurance, covering 70% of the Latin American market. This expansion strengthens UPS's ability to provide comprehensive logistics solutions for the pharmaceutical and healthcare industries in the region, ensuring the safe and efficient delivery of critical medical products.

01/29/2026 Logistics
Read More
US Services Sector Growth Slows but Remains Resilient in May

US Services Sector Growth Slows but Remains Resilient in May

The ISM report indicates continued expansion in US non-manufacturing activity in May. The NMI registered 56.9, slightly below the previous month but still above the 12-month average. The employment index showed significant growth, with businesses generally optimistic. However, a decline in the new orders index and labor shortages remain concerns. Overall, the non-manufacturing sector provides important support for US economic growth.

01/28/2026 Logistics Industry Insights
Read More
US Service Sector Grows Modestly Amid Employment Worries

US Service Sector Grows Modestly Amid Employment Worries

The July ISM Non-Manufacturing Index edged up to 52.6, signaling continued expansion in the service sector. However, the Employment Index sharply declined to 49.3, raising concerns about the economic outlook. The report indicated robust business activity, but challenges persist due to weak business confidence and rising prices. Overall, the non-manufacturing sector faces multiple pressures including technological changes, globalization, and labor shortages, requiring careful navigation.

01/28/2026 Logistics Industry Insights
Read More
Oneroyal Names Marilena Iakovou CMO to Drive Global Growth

Oneroyal Names Marilena Iakovou CMO to Drive Global Growth

OneRoyal has appointed Marilena Iakovou as its Chief Marketing Officer. This strategic hire aims to strengthen the brand's presence and accelerate its global expansion efforts. Iakovou's expertise will be instrumental in optimizing the customer experience and driving growth across various markets. The appointment underscores OneRoyal's commitment to innovation and strategic development within the competitive FinTech landscape, positioning the company for continued success in its global ambitions.

01/28/2026 Logistics Industry Insights
Read More
Micron Expands Singapore Chip Output Amid Global Shortage

Micron Expands Singapore Chip Output Amid Global Shortage

Amidst a persistent global memory chip shortage, Micron Technology has announced plans to expand its memory chip production in Singapore to address the strained market situation. Analysts predict that the supply tightness could persist until 2027. While this expansion may not immediately resolve the shortage, it is expected to contribute to increasing the overall global supply capacity of memory chips in the long run.

01/28/2026 Logistics Industry Insights
Read More
Swazilands Lilangeni Faces Volatility Against US Dollar

Swazilands Lilangeni Faces Volatility Against US Dollar

This article analyzes the exchange rate relationship between the Lilangeni of Eswatini and the US dollar, exploring the economic factors and trends influencing exchange rate fluctuations. It emphasizes the practical impacts on investment and trade, helping readers gain a better understanding of the dynamics between the two currencies.

08/11/2025 Exchange Rate Query
Read More