Warehouses

E-commerce buildout supporting logistics space leasing activity

A research report from real estate investment trust Prologis said a fast-growing e-commerce segment continues to up the need for incremental logistics warehousing space. The current trend is expected to generate demand for an additional 250 million to 350 million square feet of space over the next five years, the company said.

E-commerce sales increased 8% year over year in 2024 (10% higher on an inflation-adjusted basis) versus in-store sales, which increased just 1.8%. E-commerce sales...

https://www.freightwaves.com/news/e-commerce-buildout-supporting-logistics-space-leasing-activity

Glencar appointed to construct new manufacturing HQ in Birkenhead Docks redevelopment

Grandidges Quay

Peel Ports Group has awarded the construction contract for a new warehouse at Birkenhead Docks as part of an ongoing collaboration with the wood-based panels specialist Finsa UK.

Construction of the 340,000 square foot quayside facility at the UK’s second largest port operator’s new terminal Grandidges Quay at the port will begin later this year.

The port operator has awarded the contract for the design and build of the contemporary logistics space and two-story office to...

https://allaboutshipping.co.uk/2025/02/24/glencar-appointed-to-construct-new-manufacturing-hq-in-birkenhead-docks-redevelopment/

Prologis CEO Hamid Moghadam announces retirement

Logistics warehouse operator Prologis announced Wednesday that co-founder and longtime leader Hamid Moghadam will be retiring. Prologis President Dan Letter will succeed Moghadam as CEO on Jan. 1.

Moghadam will continue to serve as executive chairman.

Photo: Prologis President Dan Letter will succeed Hamid Moghadam as CEO in 2026. (PRNewsfoto/Prologis, Inc.)

Letter joined San Francisco-based Prologis (NYSE: PLD) in 2004 and has served as the real estate investment trust’s president since January...

https://www.freightwaves.com/news/prologis-ceo-hamid-moghadam-announces-retirement

The surprising reasons why truck drivers wait hours unpaid

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Mike Nichols, a truck driver based in Wisconsin, is probably one of the lucky ones. Unlike many of...

https://www.freightwaves.com/news/the-surprising-reasons-why-truck-drivers-wait-hours-unpaid

GXO Direct launches in UK with plans for future European expansion

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Warehousing isn’t what it used to be. Today, vacancy rates are at historically low levels, and...

https://www.freightwaves.com/news/gxo-direct-launches-in-uk-with-plans-for-future-european-expansion

CoEvolution introduces multi-robot orchestration platform to US at ProMat 2023

CHICAGO — What if Apple and Android suddenly decided to join forces and offer their integrations to each other’s customers? Imagine iMessage on your PC, for example.

That hypothetical merger is unlikely to happen. But a similar form of consolidation is beginning to take place in the growing warehouse automation industry.

Hangzhou, China-based multi-robot orchestration platform CoEvolution on Monday launched its technology on the U.S. stage at ProMat. Already on the market in China, the firm’s...

https://www.freightwaves.com/news/coevolution-introduces-multi-robot-orchestration-platform-to-us-at-promat-2023

Amazon warehouse workers await outcome of another union vote

Amazon union

For the fourth time this year, Amazon warehouse workers await their fate amid a crucial union vote.

At an Amazon (NASDAQ: AMZN) facility near Albany, New York, workers over the past several days voted on whether to join the independent Amazon Labor Union (ALU). Results of the election are to be announced Tuesday, and a simple majority would be enough to secure victory pending challenges from Amazon.

The vote, if it passes, would be just the second successful union vote in Amazon’s 28-year...

https://www.freightwaves.com/news/amazon-warehouse-workers-await-outcome-of-another-union-vote

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