Prologis sees occupancy dipping through Q2 before sustained rebound

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Logistics facility owner Prologis provided a positive outlook for 2024 on Wednesday but noted that...

https://www.freightwaves.com/news/prologis-sees-occupancy-dipping-through-q2-before-sustained-rebound

Prologis’ Q4 results in line with analysts’ expectations

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Logistics real estate operator Prologis reported fourth-quarter results that were in line with...

https://www.freightwaves.com/news/prologis-q4-results-in-line-with-analyst-expectations

Warehousing and fulfillment startup Flexe lays off 99 workers

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Seattle-based startup Flexe has laid off 99 workers, about 38% of its workforce, according to a...

https://www.freightwaves.com/news/warehousing-and-fulfillment-startup-flexe-lays-off-99-workers

Private firm strikes $262M deal for 25-building logistics portfolio in South Florida

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Longpoint has acquired a cluster of industrial-logistics properties totaling 1.4 million square feet...

https://www.freightwaves.com/news/private-firm-strikes-262m-deal-for-25-building-logistics-portfolio-in-south-florida

Truck transportation jobs trend higher while warehouses shed workers

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Truck transportation jobs continued a slow recovery from the depths of the freight recession and the...

https://www.freightwaves.com/news/truck-transportation-jobs-trend-higher-while-warehouses-shed-workers

Kenco acquires Dallas-based warehousing company

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Third-party logistics provider Kenco said Thursday it has acquired regional warehousing provider The...

https://www.freightwaves.com/news/kenco-acquires-dallas-based-warehousing-company

Transportation capacity up again in December, prices fall faster

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Transportation metrics slid again in December with capacity increasing at a faster pace and prices...

https://www.freightwaves.com/news/transportation-capacity-up-again-in-december-prices-fall-faster

‘Not-in-my-backyard’ mindset threatens warehouse growth

Attendees at Prologis Inc.’s investors day heard pretty much what they came to hear. That included the logistics warehousing giant’s assessment of the macro environment, plans to build facilities occupied solely by data centers, its efforts to expand solar power use, and a broadening of its customer value proposition, among other things.

What they may not have expected to hear were comments from Prologis (NYSE: PLD) President Dan Letter that it is becoming increasingly difficult to build...

https://www.freightwaves.com/news/not-in-my-backyard-mindset-threatens-warehouse-growth

SoCal warehouse emissions rule, and possible impact on trucks, upheld by judge

A rule regulating emissions at Southern California warehouses, which the state’s trucking industry viewed as akin to a zero-emission vehicle (ZEV) mandate, has been upheld by a federal district court.

In a ruling earlier this month, Judge John Kronstadt of the Central District of California rejected claims in a lawsuit filed by the California Trucking Association (CTA) that a warehouse emissions rule approved in May 2021 by the South Coast Air Quality Management District (SCAQMD) was preempted...

https://www.freightwaves.com/news/socal-warehouse-emissions-rule-and-possible-impact-on-trucks-upheld-by-judge

New Calgary airport property owner shifts focus to air cargo 

A jungle gym, indoor go-kart track and other mismatched businesses will eventually be moved out of a logistics complex at Calgary International Airport in Alberta to make way for cargo operators that can utilize the airside access for its intended purpose — moving commerce — according to the property’s new owner.

Realterm, a global investment manager focused on logistics infrastructure and a developer of cargo real estate at airports, last week announced it had acquired control of more than...

https://www.freightwaves.com/news/new-calgary-airport-property-owner-shifts-focus-to-air-cargo

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