producer-price-index

Warehouse Space to Tighten, ITS Logistics

ITS Logistics, the asset-based North American third-party logistics provider, said its second quarter U.S. Distribution and Fulfillment Index, powered by Cresa, sees a tightening of warehouse space in the second half of the year. Calling it “market recalibrating,” ITS Logistics said that tariff-driven front-loading continues to influence inventory strategy for shippers of all sizes. Vacancy rates climbed to 7.1 percent, the highest since 2014, even as warehousing capacity contracted for the first ... [+]