A pandemic-driven boom in warehousing demand is showing signs of slowing, as companies grow more cautious about leasing in an uncertain economy and look to pare back the big inventory stockpiles that have swamped storage space this year.
, with some companies still storing goods on trailers outside distribution centers, but the broader figures suggest the pressure on one supply chain choke point is easing.Top news and in-depth analysis on the world of logistics, from supply chain to transport and technology.
The average warehouse vacancy rate across the U.S. inched up to 3.2% in the third quarter from 3% in the previous quarter, according to commercial real-estate services firmIt was the first increase in two years and is still far below the 5% average national vacancy rate during 2020. “Maybe the froth comes off the top, but you still have a very stable and strong leasing market for industrial. It goes from great to good,” Mr. Mele said.
China's slowing down, like Japan before it, will also cause inflation to rise globally as well of course - Cripes!
She did come get me people