Logistics real estate investment trust Prologis said it doesn’t expect the market to positively inflect until mid-2025.
Logistics warehouse operator Prologis beat third-quarter expectations even as some key metrics dipped amid a market “bottoming process.”
The Supply Chain Council has extended its executive team and plans to be a national rather than “California-first” organization.
Global warehouse operator Prologis announced its Mexican affiliate has acquired a 77% equity stake in Fibra Terrafina.
Electrification startup Synop is carving a niche for itself focused on help electric fleets return electricity to the grid and get paid for it.
The Supply Chain Council heralded its beginning with an outdoor briefing near the Port of New York/New Jersey.
California’s latest environmental logistics rule focuses on forklifts, but clean technology there has been growing already.
Logistics warehouse operator Prologis said uncertainty around interest rates and the political landscape should be resolved in the coming months, clearing a path for a more constructive 2025.
Logistics real estate landlord Prologis noted “subdued” but “improving” demand in its second-quarter report issued Wednesday.
Logistics real estate operator Prologis and Maersk subsidiary, Performance Team, launch a 96-truck electric charging station in Southern California.
Prologis modestly reeled in 2024 expectations on Wednesday as it believes the recent demand weakness is tied to near-term uncertainties.
Logistics warehouse landlord Prologis modestly lowered expectations for 2024 on Wednesday.
The company last announced its Series C raise in 2022, led by SoftBank Vision Fund 2 for $115 million, valuing the company at $575 million. Platform Science has raised $309 million since 2017.
Cross-Dock Terminal in Los Angeles
The mismatch between electric truck availability and charging infrastructure prompted Daimler, Volvo and Navistar to make a PACT.
Logistics real estate operator Prologis’ 2024 outlook calls for relative softness in the market during the first half of the year before rebounding.
Warehouse operator Prologis reported in-line fourth-quarter results and full-year 2024 guidance.
Proponents and opponents increasingly are slugging it out over the viability of warehouse developments.
Community opposition adds complexity to logistics warehouse development, the president of Prologis says.
Carter Andrus has been named COO at Prologis, effective Jan. 1. Current COO Gary Anderson will become senior adviser and retire on June 30.
The industrial outdoor storage industry is catching a fresh bid from new players.
Five years after the first multistory warehouse was delivered, questions still remain about the model’s viability in the U.S.
Logistics warehouse owner Prologis on Tuesday noted some cracks in demand, which it attributed to interest-rate policy and geopolitical fears.
Logistics warehouse landlord Prologis beat expectations for the third quarter on Tuesday.
The logistics industry continues to be a strong area of focus for government leaders hoping to reduce greenhouse gas emissions and slow the progression of transportation-related climate change. As a result, legislators are driving emission-cutting regulations forward at breakneck speeds.
Supply chains are one crisis away from seizing up again, say the CEOs of Prologis and Home Depot.
“One of the key requests that we hear from our customers is an ability to reduce charging times, and that requires both improvement of vehicle technology as well as charging technology,” Prologis’ Henrik Holland said at FreightWaves’ Net-Zero Carbon Summit.
Just as scaling McDonald’s was more about real estate than hamburgers, electric truck charging is as much about land as it is about the grid.
According to Terminal Industries, 92% of yards lack technology solutions to eliminate wasted capacity, drive down unforeseen costs and improve inventory operations, leading to $146 billion in excess transportation costs.
Logistics real estate giant Prologis beat second-quarter estimates Tuesday but lowered its rent growth forecast for 2023 as the market cools from peak activity.
In this edition: It might be time to change the password; new Container Atlas findings; and is it double brokering if it’s “responsible”?
Logistics warehouse owner Prologis announced Monday the $3.1 billion acquisition of an industrial real estate portfolio owned by Blackstone.
Prologis said the recent interest in logistics space in Mexico is just the beginning of what could be decades of demand.
Logistics real estate operator Prologis believes headwinds facing the supply side will prop up occupancy and rents into 2024.
Warehouse operator Prologis reported first-quarter results in line with expectations Tuesday.
Macro factors supporting warehouse growth remain extremely strong, Prologis’ CEO says.
Prologis says warehouse rents will step higher again in 2023.
Prologis afirma que la previsión de crecimiento del 10% de los alquileres en EE.UU. podría ser conservadora
The remarkably buoyant Chicago industrial real estate market faces supply shortages and elevated rents as big investors step back, Colliers says.
The Fed’s actions will not cool off rent growth, which is a byproduct of the supply-demand scale.
Prologis 2023 forecast says Texas will overtake California in warehouse demand, Mexico activity will surge due to nearshoring growth, and U.S. e-commerce will rebound to enjoy its second-best year on record.
Logistics warehouse operator Prologis lowered expectations for 2022 but remains confident that any macro-induced decline in fundamentals won’t keep rents from growing again next year.
Prologis posted record results during the third quarter but reeled in guidance given “an uncertain economic backdrop.”
Logistics real estate operator Prologis said Wednesday that its planned acquisition of Duke Realty has received shareholder approval.
Prologis has named Dan Letter president to run global operations, and Gene Reilly will take on a new role as senior adviser to CEO Hamad Moghadam.
The modern warehouse needs to accommodate many transportation types, but it also must be equipped with business intelligence to improve real-time performance.
Switching out lighting in warehouses with 25-foot to 35-foot ceilings isn’t simple. But LEDs pack economic, labor and environmental benefits.
Logistics warehouse capacity utilization remains extremely tight, with an additional 800 million square feet needed to ease the pressure, a Prologis report says.
Logistics real estate investment trust Prologis on Monday pointed to some moderation in demand trends but pushed its full-year financial expectations higher.
Logistics warehouse owner Prologis reported in-line second-quarter financials Monday but full-year expectations were increased on “healthy demand.”
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Exports, production of heavy-duty trucks from Mexico drop in May; Kansas City Southern de Mexico commits $120 million to new projects; Prologis building distribution warehouse in Dallas area; and Amazon opens sixth logistics warehouse in Mexico.
Real estate logistics provider Prologis set a net-zero emissions target for 2040 along with other targets in its environmental, social and governance report.
Acuerdo alcanzado tras meses de rechazo
Acuerdo alcanzado tras meses de rechazo
Logistics warehouse operators Prologis and Duke Realty have come to terms in a $26 billion deal.
Prologis’ research arm released several data points Wednesday pointing to prolonged tightness in warehouse markets.
Logistics real estate investment trust Prologis makes a $24 billion all-stock offer for competitor Duke Realty.
Logistics real estate operator Prologis beat first-quarter estimates and raised its outlook for the year. The company sees no near-term loosening in warehousing markets.
Logistics real estate heavyweight Prologis beat first-quarter expectations and raised full-year 2022 guidance on Tuesday.
More inventory requires more space. Real estate services firm JLL sees space in short supply alongside heightened rents through 2023.
Reports link Prologis as a suitor of Blackstone’s last-mile network in Europe.
DOT is leading a freight data exchange pilot project that it envisions as a long-term effort to speed cargo flow and cut costs for consumers.
A report from logistics real estate operator Prologis downplays the number of office buildings that can be repurposed to industrial use.
Logistics real estate owner and operator Prologis Inc. announced the retirement of its CFO effective April 1.
A Thursday report from logistics real estate investment trust Prologis shows market rents grew at the fastest pace recorded during 2021.
Prologis provided better-than-expected 2022 guidance on Wednesday, citing the expectation that demand will continue to outpace logistics real estate additions during the year.
Logistics real estate investment trust Prologis issued 2022 guidance ahead of expectations on Wednesday.
“We’ll see real progress as more companies have leadership at the highest levels in the company focused on sustainability and incorporating sustainability into business strategy,” said Susan Uthayakumar, chief sustainability and energy officer at Prologis.
The unit of the financial services titan becomes a big player in U.S. logistics real estate.
Blackstone’s logistics real estate unit boosted its U.S. portfolio to 440 million square feet.
Available space at the country’s most important warehousing complex drops to unimaginable levels.
Moghadam said the company will need to increase its facility footprint at the same pace.
The event will take place at Prologis headquarters in San Francisco from 11 a.m. to 2:30 p.m. PT, with the option for attendees to attend virtually.
Online growth, higher inventory levels are trends that will likely last, Moghadam says.
With business booming, the logistics warehouse titan reports better-than-expected results and raises full-year estimates.
Industrial warehouse operator Prologis Inc. said Thursday it was expanding a training program aimed at bringing 25,000 new workers to the logistics industry.
Low vacancy rate amid surges in development is unprecedented for the market
Prologis’ second-quarter results exceeded analysts’ expectations, and guidance moved higher as property rents are increasing at a record pace.
Logistics real estate investment trust Prologis announced Monday that demand for space remains robust and that operations are the healthiest in its 38-year history. The company modestly beat expectations for the second quarter and raised its outlook for the rest of 2021.
A Prologis Research report says new logistics real estate completions coming online will fall short of demand over the next decade.
Carbon-neutral construction, renewable energy installation and worker- and community-based programs are among Prologis’ sustainability initiatives.
Industrial and logistics real estate investment trust Prologis brings in an industry veteran to manage relationships with multimarket customers and expand broker relationships.
Steel costs and availability could delay projects for the rest of the year, expert says.
Prologis announced it has partnered with the Association for Supply Chain Management to launch a certification program for logistics workers.
A Prologis Research report points to strong retail sales and inventory restocking as the catalysts behind further tightening in logistics real estate markets.
Prologis launched a new LEED program, Blume Global says it will be carbon-neutral very soon, and bays are seeing ecological recovery.
Logistics warehouse provider Prologis sees the real estate market tightening further in 2021. Rents are expected to step higher by mid-single digits even as more capacity comes online.
Logistics warehouse provider Prologis reports a beat-and-raise quarter. The company is forecasting occupancy to continue to tick higher even as new properties come online.
The capital will drive volume growth and help Baton expand to new markets.
RPG has acquired a 200,000-square-foot San Diego industrial facility with plans to redevelop it to accommodate e-commerce warehousing and distribution.
Prologis Research sees the need for modern logistics space climbing by at least 3 billion to 4 billion square feet over the next cycle.
Perks, not just higher wages, may be the price for retaining qualified and high-demand warehouse labor.
In today’s edition of The Daily Dash, offering up a to-do list for new Transportation Secretary Pete Buttigieg. Plus, recapping the latest earnings and how Bezos changed logistics.
Rents on U.S. logistics real estate advance amid pandemic-related headwinds during 2020. The annual Prologis Logistics Rent Index puts a bow on the year and takes a look at what 2021 has in store.
In today’s edition of The Daily Dash, an activist investor speaks about what changes Forward Air should make. Plus, FedEx Ground is losing a key executive and why UPS Freight was no longer a strategic fit for UPS.
Prologis enters the new year with “optimism and confidence” as logistics real estate remains in high demand. Fourth-quarter financial results and 2021 guidance come in ahead of forecasts.
Logistics real estate operator Prologis reports better-than-expected fourth-quarter results as the “pandemic has pushed global supply chains to their limits.”
In today’s edition of The Daily Dash, Heartland Express announces an operating income improvement in its Q4 earnings. Plus, an appeals court says California can’t regulate a truck driver’s meal and rest breaks, and Daseke’s board chairman talks the future of the company.
The position is seen as a nod to the growing complexity of Prologis’ business.
Logistics real estate operator Prologis highlights ways automated warehouse solutions can help offset part of the growing need for logistics space.
