warehouse capacity

Blackstone group acquires 17.4 million square feet of warehouse space

Blackstone Group buys 124 logistics properties with 17.4 million square feet of space worth $2.8 billion

Blackstone Group, the New York City-based investment management company, is widening its logistics portfolio. The firm, which invests in everything from real estate to health care to IT, on Tuesday bought up a $2.8 billion portfolio of warehouse space from Cabot Properties in two separate transactions. The portfolio consists of 124 logistics properties in the United States and Europe.

The U.S. side of the Cabot portfolio was acquired by Blackstone Real Estate Income Trust, which owns properties...

https://www.freightwaves.com/news/blackstone-group-acquires-17-4-million-square-feet-of-warehouse-space

Transportation capacity falls further and faster in October

LMI above 70% for nine straight months

Transportation and warehouse capacity sank further, according to data from an October supply chain survey released Tuesday. Transportation utilization and pricing increased but at a slower rate.

The Logistics Managers’ Index (LMI), which measures activity throughout various points in the supply chain, logged a 72.6% reading in the month, 40 basis points higher than September. The LMI is a diffusion index, in which a reading above 50% indicates expansion and a reading below 50% indicates...

https://www.freightwaves.com/news/transportation-capacity-falls-further-and-faster-in-october

Transportation capacity declines accelerate in September

Some LMI metrics hit new highs in September

The rate at which transportation capacity contracted increased in September, according to a supply chain survey released Tuesday.

For 16 consecutive months, capacity has been on the decline. The latest reading of the Logistics Managers’ Index (LMI) showed the capacity component of the dataset fell 330 basis points from August to 37.2% in the month.

“The Transportation Capacity Index remains historically low, indicating continued downward pressure,” the report read. “Further, our data indicates...

https://www.freightwaves.com/news/transportation-capacity-declines-accelerate-in-september

Why are supply chains so messed up?

ship

This is the question that I am asked on a daily basis. The issue is very complex, so I usually quip with a surprising response, “They’ve always had issues, but no one was really paying attention.” Turns out, unless the person works in freight, they are very unsatisfied with this answer. After all, freight and products just seemed to automatically show up before, but that is no longer the case. 

Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature.Craig Fuller, FreightWaves founder and CEO, explains a SONAR feature.

Anyone that has been around...

https://www.freightwaves.com/news/why-are-supply-chains-so-messed-up

DOT opens probe into container, chassis shortages

The Biden administration is asking a “broad range of stakeholders” involved with moving freight to help solve the country’s container and intermodal chassis shortages while also trying to alleviate supply chain chokepoints.

In an information request to be posted in the Federal Register on Thursday, the U.S. Department of Transportation wants to get public comment on current challenges faced by the freight and logistics sector, including:

  • Current and potential future shortages and/or distribution...

https://www.freightwaves.com/news/dot-opens-probe-into-container-chassis-shortages

Transportation capacity dips further, prices keep surging

Transportation capacity declines slow in August

Transportation capacity remains on a downward trajectory while prices and utilization are “increasing at an increasing rate,” according to a supply chain survey released Tuesday.

The transportation capacity subindex of the Logistics Managers’ Index (LMI) increased 560 basis points to 40.5% in August, meaning available transportation capacity was still shrinking during the month, just at a slower rate.

The LMI is a diffusion index wherein a reading above 50% indicates expansion and a reading below...

https://www.freightwaves.com/news/transportation-capacity-dips-further-prices-keep-surging

Transportation capacity tightens further in May

Transportation capacity becoming tougher to find

Transportation capacity diminished further in May, according to a supply chain survey. The capacity subindex of the Logistics Managers’ Index fell 50 basis points from April to 32.7%, “indicating continued downward pressure,” the Tuesday report read.

The LMI is a diffusion index wherein a reading above 50% indicates expansion and a reading below 50% indicates contraction.

The overall index, which is designed to capture the rate of change in areas like transportation, inventory and warehousing,...

https://www.freightwaves.com/news/transportation-capacity-tightens-further-in-may

Will rising warehouse and inventory costs feed trucking demand?

Chart of the Week: Logistics Managers Index – Inventory Levels, Warehouse Capacity SONAR: LMI.INVC, LMI.WHCP

Inventory costs are growing at the fastest rate in years while warehouse capacity continues to shrink at a near record pace, according to the Logistics Managers Index (LMI). In 2019 shippers crammed warehouses with imports to get around tariffs, coinciding with a slowdown in the freight market. Could rapidly increasing warehousing costs and shrinking warehouse capacity push shippers to...

https://s29755.pcdn.co/news/will-rising-warehouse-and-inventory-costs-feed-trucking-demand

Supply chain radar: The box lines Super League – risking world trade?

(Note to the reader: Mr Hidden Lead, a senior executive from the global logistics community, had something to say this week. Something so strong that it couldn’t possibly pass unnoticed. If you disagree with what follows, we invite you to submit your rebuttal. You can get in touch with Premium here.)
TWELVE global football super powers (well, some more “global” than others) were taught a painful lesson this week, when their pursuit …

The post Supply chain radar: The box lines Super League –...

https://theloadstar.com/supply-chain-radar-the-box-lines-super-league-risking-world-trade/

Supply chain radar: Spoiler alert Mr Skou

One thing I’ve learnt is seldom to follow shipping company CEOs for salient insights into supply chain trades and trends.
That conclusion was reinforced when I read AP Moller-Maersk (APMM) CEO Soren Skou’s recent comments in The Financial Times (FT) which at the end of March published a story headed: “Suez blockage will accelerate global supply chain shift, says Maersk chief“.
Fair enough? All-in…
For a guy who rakes in Dkr43m all-in per annum …

The post Supply chain radar: Spoiler alert Mr Skou

https://theloadstar.com/supply-chain-radar-spoiler-alert-mr-skou/

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