66% of logistics pros say talent quality — not cost — is the #1 factor in choosing a nearshore partner. Rapido's integration model explains why that's the right question to be asking.
Plus, a carrier pleading guilty to mob money laundering while still FMCSA-active, Iran's first post-ceasefire attack and what it means for diesel surcharges, FedEx Freight's first earnings as a standalone company, and more in today's newsletter.
Freight brokers are measuring their inboxes wrong. Most inbound email is monitoring, not work. And the longtail categories that look like noise are costing real margin. Here's how to audit what's actually in your inbox, and why it matters in 2026's margin-first market.
U.S. warehouse rents hit record highs in Q2 2023 despite decreasing demand; long-term leases and new premium facilities influence trends.
Despite declining demand, U.S. warehouse rents reached record highs in the second quarter of 2023, with an average asking rate of $9.59 per square foot, marking a 16.1% increase from the previous year. Several factors contribute to this trend: long-term lease agreements that disregard short-term market conditions, a persistently tight warehouse space market compared to historical standards, and newly constructed facilities with premium prices. While the demand for storage has decreased, and some developers are cutting back on new projects, experts anticipate rents to continue rising, albeit at a slower pace.
Source: WSJ
The warehousing market isn't following the script when it comes to supply, demand and pricing. https://t.co/90dFa31Omo via @WSJ
— Paul Page (@PaulPage) August 3, 2023
U.S. warehouse vacancy rates hit 11-year high as trade uncertainty and shifting import patterns reshape logistics strategies
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Lineage, the cold chain logistics leader, plans a massive $3.85 billion IPO, offering 47 million shares priced between $70 to $82 each.
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