On a seven-mile stretch of Arkansas roads this fall, retail giant and tech innovator Walmart began testing a new type of delivery truck: autonomous vehicles running a loop route that requires the truck to navigate intersections, obey traffic lights and merge on dense roadways. Notably missing? A driver. These trucks are the first ever on […]
Middle- and last-mile solutions are key for meeting the increasing needs and expectations of customers in urban areas expecting quick turnaround from the click of ordering products online to the knock on their door of final delivery. During a session at I.CON East, Rob Kossar, vice chairman and head of northeast industrial region at JLL; […]
In the wake of the COVID-19 pandemic, supply chain problems have become pervasive. In fact, things are getting so bad that many fear they could imperil the all-important holiday shopping season this year. “My wife came up to me and said, ‘We have to start Christmas shopping right now,’” said John Petricola, senior managing director […]
The term “supply chain” was coined on June 4, 1982, when the Financial Times published an article that used it as a replacement for “production and inventory management.” Now a permanent part of our lexicon, looking back at just how the supply chain has grown and changed over four decades is how a panel of […]
Growth in e-commerce has increased the importance of last- and middle-mile logistics as companies seek to keep up with consumer demand. Bob Andrews, senior vice president and regional manager with CenterPoint Properties, and Patrick Schlehuber, executive vice president, investments for Rexford Industrial Realty, Inc., shared their first-hand insight and experience with this unique piece of […]
Last year was challenging for everyone as the world seemed to come to a halt. But, the transition to sheltering-in-place and working from home was helped immensely by the availability of two-day or same-day shipping — powered by a robust and growing industrial real estate market. In fact, the logistical backflips necessary to meet the […]
The disruption caused by COVID-19 has accelerated the blending of brick-and-mortar retail and logistics real estate. This has resulted in the emergence of a new hybrid store model – one that takes omnichannel strategies to the next level and promises to revolutionize the retail, industrial and logistics industries. In a recent NAIOP webinar, John Morris, head of industrial and […]
