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Drilling Deep: Money pours into supplying new warehouse space

John Kingston
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Photo: Jim Allen/FreightWaves

On this week’s Drilling Deep podcast, Thomas LaSalvia of Moody’s Analytics REIS looks at the market for warehouse space additions being driven by the growth in e-commerce. And he finds that even as demand for it is soaring, the supply of new space is keeping up and it’s keeping rents relatively soft.

Also on this week’s podcast, host John Kingston looks at the sharp increase in oil and diesel prices in the last two weeks and wonders whether the diesel market hasn’t made a lasting turn in its current weakness.

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John Kingston

John has an almost 40-year career covering commodities, most of the time at S&P Global Platts. He created the Dated Brent benchmark, now the world’s most important crude oil marker. He was Director of Oil, Director of News, the editor in chief of Platts Oilgram News and the “talking head” for Platts on numerous media outlets, including CNBC, Fox Business and Canada’s BNN. He covered metals before joining Platts and then spent a year running Platts’ metals business as well. He was awarded the International Association of Energy Economics Award for Excellence in Written Journalism in 2015. In 2010, he won two Corporate Achievement Awards from McGraw-Hill, an extremely rare accomplishment, one for steering coverage of the BP Deepwater Horizon disaster and the other for the launch of a public affairs television show, Platts Energy Week.