Alternate delivery model gains traction in US but has ways to go

Somewhere between theory and practice lies a segment of the parcel-delivery market known as “out-of-home” service.

Through parcel lockers, designated pickup locations, local stores or a combination of all three, carriers and merchants look to save time, money, cut carbon emissions and reduce porch pilferage, all the while making it as convenient as possible for end consumers to get their packages.

In theory, the concept spawns myriad benefits. By consolidating multiple packages at a central...

https://www.freightwaves.com/news/alternate-delivery-model-gains-traction-in-us-but-has-ways-to-go

Warehouse leasing forecast to fall as much as 15% in 2023

U.S. industrial and logistics leasing activity will decline by 10% to 15% in 2023, though for the 13th consecutive year more industrial square footage will be absorbed than will be vacated, real estate services firm CBRE Group Inc. said Thursday.

Industrial vacancy rates, already at historic lows, will increase just slightly next year, CBRE said.

Nationwide vacancy rates currently sit between 3% and 4% and in several top-tier markets are well below those levels. CBRE (NYSE: CBRE) classifies...

https://www.freightwaves.com/news/warehouse-leasing-forecast-to-fall-as-much-as-15-in-2023

Jeff Bezos’ logistics legacy

There are many chapters that could fill the book of what is becoming a most remarkable American business story. Yet a chapter that some might skim over is the one describing how Jeff Bezos came to transportation and logistics — and may end up dominating it — from behind.

The trailblazers before him — Leland Stanford, whose money built the transcontinental railroad; Jim Casey, whose United Parcel Service created the package delivery business as we’ve come to know it; Malcom McLean, whose...

https://www.freightwaves.com/news/jeff-bezos-logistics-legacy

Amazon to blanket the ’burbs with lots of delivery stations

Amazon.com Inc. (NASDAQ:AMZN) is coming to a suburban enclave perhaps near you.

The Seattle-based e-tailer plans to open 1,000 parcel-delivery stations in suburban U.S. locations to support local fulfillment operations, according to a report Thursday on Bloomberg.com. The report said that Amazon’s goal is to reach 1,500 stations, The report did not provide a timetable for the rollout. Consultancy MWPVL International, which closely tracks Amazon’s physical distribution program, expects 450...

https://s29755.pcdn.co/news/amazon-to-blanket-the-burbs-with-lots-of-delivery-stations

Amazon to build massive DC at old Michigan state fair site

Amazon.com Inc. (NASDAQ:AMZN) will spend $400 million to build a 3.8 million-square-foot distribution center on 70 acres of the former Michigan State Fairgrounds in Detroit, city officials said Tuesday.

The facility, set to open in mid-2022, will bring at least 1,200 jobs to Detroit, Mayor Mike Duggan said in a statement. 

The site is close to Interstate 75, providing quick access for what is expected to be an armada of Amazon vehicles of all types. Amazon will not pursue any tax breaks or...

https://www.freightwaves.com/news/amazon-to-build-massive-dc-at-old-michigan-state-fair-site

Amazon to build giant central Texas fulfillment center

New Amazon fulfillment center in Texas

Online retail logistics services giant Amazon (NASDAQ: AMZN) said it will start construction of a new fulfillment center in the central Texas city of Pflugerville, a suburb 18 miles northeast of the state capital, Austin.

The company plans to open the facility in 2021 and will hire about 1,000 new employees. Robotic systems will also be used to pick, pack and ship small items to customers, such as books, electronics and toys.

Amazon’s Pflugerville fulfillment center will be located off State...

https://s29755.pcdn.co/news/amazon-to-build-giant-central-texas-fulfillment-center