Just a few short years ago, FreightTech was a relatively unknown term. It is not anymore and venture capitalists and investors have taken notice, flocking to the space in recent years as more and more technology startups look to disrupt the freight space. In 2019, investment in supply chain technology surpassed $10.4 billion, according to Pitchbook.
Since its launch in 2017, FreightWaves has been at the forefront of the FreightTech space. That investment is now going a step further, giving...
Real Estate Roundup is a weekly rundown of developments in the world of industrial real estate used for logistics and transportation. This week: Prologis, Brookfield and Greek Development aggressively pursue industrial real estate development.
The COVID-19 pandemic has unquestionably had a negative impact on various facets of the economy, from the pace of new job creation to the value of hotels and retail stores.
What doesn’t seem to have slowed much is the appetite of large real estate...
William O’Donnell, managing partner of Prologis Ventures, the venture capital arm of the logistics real estate trust Prologis, cited a jaw-dropping stat in a discussion with FreightWaves CEO Craig Fuller on Tuesday.
According to a recent study, every 100 basis points in the shift of consumer spending from traditional retail to e-commerce equates to 46 million square feet in industrial space needs.
With the uptick in online shopping showing no signs of abating, “there is a tailwind we are riding...
https://www.freightwaves.com/news/e-commerce-drives-warehouse-tech-boom-with-video