London Heathrow is the most expensive logistics location in the world, according to a new report by DTZ. The property solutions firm's Global Occupancy Costs Logistics 2013 report reveals that renting a logistics facility around the London airport will cost $313 per square meter a year.
A host of marketplace trends are driving logistics companies to offer more value-added services and to physically locate closer to customers in order to support continued growth, says John Ferguson, CEO of SCI Logistics, a major logistics provider in Canada.
Having spent most of his career as an executive in the chemical industry, Marv Schlanger, new CEO of CEVA Logistics, has a unique perspective on the global 3PL industry. He shares his views as "the new kid on the block" and explains why he is optimistic.
DSC Logistics has announced the expansion of their U.S. network with the construction of a state-of-the-art Food / CPG Retail Consolidation Logistics Center in the new logistics park in Moreno Valley, California. Kraft Foods Group, one of North America's largest consumer packaged food and beverage companies, will be the first customer in the building, scheduled for a late 2013 opening.
More and more companies are choosing to invest in green building practices, enjoying quick returns on investments that pay off in profit and public opinion. And the U.S. Green Building Council's LEED Certification Program is allowing companies to make their newer, greener policies official.
European occupier appetite for industrial and logistics property is expected to rise significantly in the next two years, according to a survey of senior property investors, developers and occupiers conducted by CBRE.
U.S. business executives involved with business development and corporate strategy expect their companies will invest in geographic expansion, particularly in high-growth and emerging markets, according to a recent survey by KPMG LLP, the audit, tax, and advisory firm.