warehouse News Updates

Business

Warehouse Theft Nets 20,000 Cases of Beer

Crooks on March 12 stole about C$500,000 worth of beer, pepperoni and dried beef in a theft from a warehouse in Boucherville on Montreal’s South Shore. Police report the thieves are attempting to sell the haul to businesses across two Canadian provinces.

April 16, 2018
Business, Logistics

In the Age of Amazon, Warehouses Are Smart Investments

Forget your fancy office towers. The future lies in warehouses.

April 13, 2018
Business, Logistics

New Warehouses Needed to Meet E-Commerce Demands, CBRE Study Shows

The average age of warehouses in the United States is 34 years, making them ill-suited for the demands of e-commerce, according to an analysis by commercial real estate firm CBRE.

April 9, 2018
Business, Equipment

First-Ever Forklift Summit Planned for October

The forklift industry is launching its first-ever Forklift Industry Summit as growth in their deployment accelerates at distribution centers and warehouses nationwide. The summit, hosted by UniCarriers Americas Corp., is scheduled for Oct. 10-12 at the Intercontinental Hotel Miami.

April 6, 2018
Business

Americold Reports Pre-IPO Results

The owner and operator of temperature-controlled warehouses Americold Realty Trust reported fourth-quarter and full-year 2017 results, reflecting the company prior to its initial public offering that was conducted this January.

March 30, 2018
Business, Logistics

Warehouses Are Now Worth More Than Offices, Thanks to Amazon

While China slams the brakes on buying trophy properties and the retail apocalypse draws nigh, something less sexy but striking is going on in real estate.

March 28, 2018
Business

Online Grocers to Need More Cold Storage Space

The rise in online grocery sales could bring a need for more industrial cold storage space by the food industry, according to CBRE Research, a commercial real estate services firm.

March 19, 2018
Business, Logistics

Peoples Services Buys B&M Storage

Peoples Services expanded its warehouse footprint in the Southeast with the purchase of the assets of Winston-Salem, N.C.-based B&M Storage & Distribution.

January 16, 2018
Business, Logistics

Amazon Rival JD.com Built the Equivalent of Monaco in Warehouse Space in Three Months

JD.com Inc. added so much warehouse space in three months that the new construction could cover just about every inch of Monaco, a pace of expansion that rivals growth at Amazon.com Inc.

January 9, 2018
Business

Real Estate Prices Soaring for Warehouses Near Ports, Intermodal Ramps

Real estate prices to build distribution centers near major marine ports and intermodal ramps jumped double-digits in 2017, according to commercial real estate firm CBRE, as demand outstrips supply due to a retail supply chain increasingly tied to e-commerce and speed.

January 8, 2018