China is evolving from an export-driven manufacturing economy to a more balanced consumer-driven developed economy, and its logistics landscape is under pressure to adapt, according to new research by Jones Lang LaSalle. China's evolution has driven three key trends: the rise of the domestic middle class, rising wages and diminished cost advantages in manufacturing, as well as the rapid development of domestic infrastructure. And these trends are creating long-term opportunities for U.S. companies.
These clusters are agglomerations of logistics activities in a region or logistics park, and there can be huge cost-saving advantages to locating in them.
Research by Evoco Inc., a provider of design and construction project management software, has found that retail store growth, especially among retailers with 1,000 stores or more, is either steady or is positive.
The growth of U.S. exports, especially to countries such as China, has put a spotlight on the need for strategic inland ports across the United States, according to Jones Lang LaSalle. Inland ports, which traditionally focus on moving and handling imports, are also facilitating the effective movement of goods outside the U.S.
Officials at CaseStack, Inc. says its facility in Scranton, Pa., has expanded its Wal-Mart Stores consolidation program to include all 42 of the retailer's regional distribution centers.
In the supply chain and sourcing domains, companies are changing the way they source, produce and distribute goods or services to their customers, in search of reduced costs and greater efficiency.