In April 2020, at the start of the COVID-19 pandemic, logistics warehouse giant Prologis Inc. estimated U.S. inventories would increase by 5% to 10% in coming years as businesses built up buffer stock near their end markets to avoid potential supply chain disruptions.
That estimate has been raised. Speaking Wednesday at a Prologis (NYSE: PLD) global supply chain event in San Francisco, CEO Hamid R. Moghadam said U.S. inventory levels will increase by 10% to 15%. Prologis, which is the world’s...
https://www.freightwaves.com/news/us-inventories-to-rise-10-15-in-coming-years-prologis-ceo