As larger U.S. retailers continue to close underperforming stores with more customers choosing to shop online from their own homes, big-box store vacancies have increased in recent years. But with online sales only increasing and more small shop spaces mimicking the online sales environment, the biggest impacts are being reflected in warehouse space and logistics.
Mainfreight USA, a global supply-chain and logistics services provider, has added two warehouses to its North American logistics network, in Newark, N.J., and Dallas.
Damco, a third-party logistics provider, has launched two Verified Gross Mass (VGM) services to support implementation of new regulations from the International Convention for the Safety of Life at Sea (SOLAS).
One of the major findings from the 27th Annual State of Logistics report is that "gaps" in infrastructure and "accelerating trends for speed" will increasingly put pressure on a logistics system not designed for e-commerce driven "last mile, last minute" delivery service.