In the United States, prime rents have been driven by both strong demand for facilities, and in some markets, limited new supply.
July 20, 2017
U.S. industrial hubs posted the strongest growth in prime logistics rents for the past year, and Asian markets remained the world’s most expensive, as demand for top-quality warehouses and distribution centers continued to outpace supply globally, according to a new report from CBRE, Los Angeles.
With this acquisition, Lineage adds over 101 million cubic feet of temperature-controlled capacity to its network.
June 15, 2017
Lineage Logistics, LLC, a Colton, Calif.-based warehousing and logistics company sponsored by Bay Grove Capital LLC, San Francisco, acquired Partner Logistics, a European cold storage provider.
Houston was targeted due to it having one of the highest metropolitan GDP’s in the country and being one of the chief beneficiaries of the recently expanded Panama Canal.
May 4, 2017
Polaris Logistics Group, Toledo, Ohio, opened an office in Houston, Texas, to keep up with the upturn in manufacturing.
AIT-Monterrey provides a complete array of logistics products, including freight forwarding and consolidation for both air and ocean lanes, customs brokerage, cargo insurance and project cargo services.
May 1, 2017
AIT Worldwide Logistics, Itasca, Ill., continued the ongoing expansion of its global network with the opening of a new office in Monterrey, Mexico.