The reshoring of manufactured goods from Asia to North America is bound to take some import business away from U.S. ports. But there are other developing threats to the continued dominance of gateways like Los Angeles-Long Beach - specifically, a couple of upstarts to the north and south.
When many doubted needed HIV/AIDS commodities could be delivered timely and qualitatively to hard-to-reach areas of Africa, an innovative approach to healthcare logistics proved them wrong.
Professor Yossi Sheffi, director of the MIT Center for Transportation and Logistics, describes the development of logistics clusters and their considerable economic advantages, which include the creation of steady, well paying jobs for both blue- and white-collar workers.
What does it take to convince a manufacturer to locate a plant in the U.S.? How about in California, one of the most highly regulated and difficult states in which to operate? (It ranked 40th in CNBC's latest survey "America's Top States for Business." What about the San Francisco Bay Area, with its prohibitive cost of living, high population density and even more onerous regulatory environment?
To help fuel its rapid geographic expansion, specialty value retailer Five Below has signed the lease for a new distribution center in Olive Branch, Miss. The 600,000 square-foot facility is the retailer's second DC and will allow the company to more quickly and efficiently supply stores in the South and Midwest with its range of products all priced at $5 and below.
European industrial real estate values have declined 21.9 percent from the pre-crisis peak in 2007, and have subsequently only recovered by 1.3 percent on average. Current values are attractive relative to replacement costs and the pattern of value recovery in the U.S. following the global financial crisis.