Kenco has acquired the 3PL business of Drexel Industries along with its four warehouse locations, enhancing its logistics network in North America. This acquisition will improve Kenco's service capabilities in Canada, providing clients with a wider range of logistics solutions and integrating 100 employees from Drexel.
Cushman & Wakefield's report indicates a robust US industrial real estate market in Q2, driven by logistics demand and a preference for high-quality assets. Despite pressures in the Western region, the overall leasing market remained stable with a gradual increase, accompanied by a slowdown in supply. Experts believe that tariff easing and rental adjustments are boosting market confidence. The market is expected to continue adjusting in the future, presenting both opportunities and challenges. The report highlights the resilience of the sector and its ability to adapt to evolving economic conditions.
A JLL report reveals high last-mile e-commerce delivery costs are driving logistics real estate towards secondary markets in the US Midwest. Cities like Indianapolis are experiencing a surge in e-commerce leasing activity. Rising labor costs, omnichannel integration, and strategic realignments are key factors. Logistics real estate needs to optimize inventory, adopt automation, and strengthen partnerships to address challenges and seize opportunities. This shift reflects a broader trend of decentralization and a focus on efficiency in the face of evolving consumer demands and supply chain complexities.
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.
A CBRE report indicates that 3PL logistics dominated the US industrial real estate leasing market in the first half of 2025, surpassing retail and e-commerce in leased square footage. Increased outsourcing demand and rising supply chain complexity are key drivers. Retail e-commerce companies need to reassess their logistics strategies and collaborate with 3PLs to enhance competitiveness. The 3PL market share is projected to continue growing, potentially leading to increased demand for large warehouses. This shift highlights the evolving landscape of industrial real estate driven by the need for efficient and scalable logistics solutions.
GXO Logistics has signed a global strategic cooperation agreement with Blue Yonder to upgrade its warehouse management system, addressing customer demands for a flexible and efficient supply chain. This collaboration will enhance GXO's logistics capabilities, allowing customers to respond quickly to market changes and improve overall operational efficiency.
GXO Logistics has entered into a strategic partnership with Blue Yonder, which will become GXO's preferred provider of warehouse management systems. This collaboration aims to enhance both companies' warehousing and logistics capabilities, enabling clients to respond more flexibly to market changes and achieve quick responsiveness and inventory flexibility.
DHL Supply Chain has acquired IDS Fulfillment to expand its e-commerce logistics services, particularly targeting small and medium-sized enterprises. By integrating IDS's warehouse network with DHL's technological capabilities, the company aims to provide customers with more specialized logistics solutions to drive a new wave of business growth.
Smart warehouses, integrating real-time data, robotics, and AI technologies, are revolutionizing warehouse management. This article explores four developmental stages, the emphasis industry giants place on automation, and the critical role of AI agents in optimizing decision-making, providing valuable insights for businesses seeking to seize opportunities in transformation.
This article explores the Drop delivery model for FCL (Full Container Load) shipments, emphasizing its flexibility and efficiency during prolonged unloading wait times. By alleviating warehouse pressure and reducing costs, the Drop model offers a viable solution for businesses in modern logistics, helping to enhance overall supply chain management.
