On its fourth-quarter earnings call Tuesday, management from logistics real estate giant Prologis Inc. (NYSE: PLD) said strong demand from the second half of 2020 has continued into the new year. “We entered 2021 with optimism and confidence,” commented CFO Tom Olinger.
The positivity stems from broad demand from the bulk of its customer base, with only hospitality suppliers struggling. Verticals touching consumer products, food and beverage, electronics, and health care are thriving. Management...
https://www.freightwaves.com/news/need-for-logistics-space-remains-high-says-prologis