Industrial Property Vacancies Hit Record Low As Rents Surge JLL

Industrial Property Vacancies Hit Record Low As Rents Surge JLL

JLL reports that the US industrial real estate market hit a record low vacancy rate of 4.8% in Q2, with rents soaring to $6.62 per square foot, a 5.1% year-over-year increase. The logistics and distribution sector led leasing activity, accounting for 24.9% of total leased space in the first half of the year. Despite active construction projects, net absorption exceeded deliveries, potentially leading to a supply shortage in the long term. Businesses need to carefully select industrial space, and landlords should pay close attention to market changes.

01/28/2026 Logistics Industry Insights
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Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Races to Sell Long Beach Terminal Amid Deadline Pressure

Hanjin Shipping's sale of its Long Beach terminal assets is nearing completion. After Korea Line relinquished its priority purchasing rights, HMM and MSC jointly bid. Creditors are pressuring Hanjin to expedite Korea Line's decision to avoid bankruptcy. This transaction impacts the Port of Long Beach's operations, shipping competition, and global trade. Quantifying throughput, industry consolidation, competitor strategies, and legal risks is crucial from a data-driven perspective. The outcome will significantly reshape the landscape of container shipping and port operations in the region, potentially influencing global supply chains.

01/29/2026 Logistics
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Oracle Updates Partner Program to Boost Logistics Tech

Oracle Updates Partner Program to Boost Logistics Tech

Oracle's new OPN program empowers partners and facilitates the digital transformation of logistics companies. It provides cloud solutions to optimize supply chains, reduce costs, and improve customer satisfaction. This initiative aims to equip partners with the necessary tools and resources to deliver cutting-edge cloud-based logistics solutions. By leveraging Oracle's technology and partner expertise, logistics businesses can streamline operations, enhance efficiency, and gain a competitive edge in the rapidly evolving market. The program fosters collaboration and innovation, driving mutual success for Oracle, its partners, and their customers.

01/29/2026 Logistics
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Global Logistics Training Boosts Corporate Competitiveness

Global Logistics Training Boosts Corporate Competitiveness

The University of Denver ITI's multimodal transportation study seminar enhances participants' global logistics perspective and strategic thinking through European field studies and exchanges. Participants generally believe this experience increases their value to their companies and express their intention to apply what they have learned to their actual work. Data indicates a significant return on educational investment, suggesting that companies should prioritize talent development to enhance competitiveness. The program provides valuable insights into international best practices and fosters a deeper understanding of the complexities of global supply chains and multimodal transport solutions.

01/29/2026 Logistics Industry Insights
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US Trucking Demand Outweighs Driver English Proficiency Rules

US Trucking Demand Outweighs Driver English Proficiency Rules

Despite increased scrutiny of truckers' English proficiency by the US government, data suggests a limited impact on overall capacity, with no significant fluctuations in trucking rates. Pre-tariff demand and the supply-demand dynamic remain the primary market drivers. The long-term effects of English proficiency enforcement require further observation. While concerns existed about potential capacity reductions and subsequent price increases, these have not materialized in the short term. The market appears to be more influenced by broader economic factors and trade policies than by the stricter language requirements.

01/30/2026 Logistics Industry Insights
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DHL Enhances US Imports with Integrated Customs Service

DHL Enhances US Imports with Integrated Customs Service

DHL Global Forwarding introduces an integrated customs clearance service designed to simplify US import processes and address trade complexities. This service streamlines customs procedures, reduces costs, and enhances efficiency, empowering retailers to navigate the evolving trade landscape and capitalize on e-commerce opportunities. Its core strength lies in its global air freight network and deep customs expertise, providing customers with compliant, door-to-door, comprehensive solutions. This aims to help businesses navigate the complexities of US import regulations and optimize their supply chains for faster and more reliable delivery.

01/30/2026 Logistics
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Retailers Face Holiday Strain As Port Strikes Threaten Imports

Retailers Face Holiday Strain As Port Strikes Threaten Imports

The National Retail Federation (NRF) reports that US import volume remains high as retailers proactively prepare for potential port strikes on the East and Gulf Coasts. July imports increased by 21% year-over-year, with August projected to reach a new high for the year. The NRF urges labor and management to return to the negotiating table to avoid a strike that would disrupt supply chains and the economy. Full-year import volume is expected to increase by 12.3%, while retail sales are projected to grow by 2.5%-3.5%.

01/30/2026 Logistics
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Toyota Material Handling Raymond Merge to Lead North American Market

Toyota Material Handling Raymond Merge to Lead North American Market

Toyota Material Handling and The Raymond Corporation announced their integration into Toyota Material Handling North America (TMHNA). This aims to leverage the strengths of both companies to provide more efficient and comprehensive material handling solutions. TMHNA will maintain the independence of both brands while integrating product lines, R&D capabilities, service networks, and supply chains. This integration seeks to improve efficiency, create greater value for customers, and lead industry development. The combined entity will offer a broader range of solutions and enhanced support for customers across North America.

01/30/2026 Logistics
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Malaysiaphilippines Sea Freight Costs and Timelines Analyzed

Malaysiaphilippines Sea Freight Costs and Timelines Analyzed

This article provides an in-depth analysis of sea freight costs from Malaysia to the Philippines, covering cost components, influencing factors, and common issues. It aims to help readers understand sea freight costs, optimize logistics plans, and maximize trade profits. The article details basic freight, surcharges, and port handling fees. It also explains the impact of factors like transportation distance, cargo type, and market supply and demand. Furthermore, it addresses common questions regarding shipping times and port selection, providing a comprehensive overview of sea freight between Malaysia and the Philippines.

01/30/2026 Logistics
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BMC Shipping Leads Middle Eastindia Trade with Enhanced Logistics

BMC Shipping Leads Middle Eastindia Trade with Enhanced Logistics

BMC Shipping is a leading integrated shipping company in the Middle East, deeply rooted in the Middle East-Indian Subcontinent route. It has established a dense transportation network connecting 20 countries and 50 ports. With its unique advantages in cold chain transportation, multimodal transport, and localized services, coupled with continuous technological innovation and excellent customer service, BMC Shipping has become a benchmark enterprise in the regional logistics market. The company provides comprehensive shipping solutions and consistently strives to enhance its service offerings to meet the evolving needs of its clients.

01/07/2026 Shipping Company Encyclopedia
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