Growth in online grocery shopping drives demand for industrial cold storage and speculative construction to new heights
US sees 3.3 MSF of speculative development, up from just 300,000 SF in 2019
Air Canada slumps in biggest drop since March on flight cuts
Air Canada shares dropped the most in almost three months after the company said that it will make “meaningful” reductions to its summer flight schedule…
Airlines rejected by US Supreme Court on California rest-break law
The US Supreme Court refused to insulate airlines from California’s meal and rest break requirements, leaving intact a ruling that Alaska Airlines Inc. said will…
Delivery and return logistics platform Veho expands last-mile package solution to five Midwest markets
Veho, the customer-first logistics platform that powers next-day delivery for e-commerce brands, is expanding its premium last-mile delivery and returns solution further into the Midwest,…
Total recoverable oil worldwide is now 9% lower than last year, threatening global energy security
Following publication of BP’s annual Statistical Review, each year Rystad Energy releases our own analysis of the global energy landscape to provide an independent, data-based…
NRF says economy is slowing but recession is unlikely in near term
The U.S. economy’s rate of growth is slowing, but consumers remain financially healthy and the nation is unlikely to enter into a recession during the…
Developers plan to add 6 gigawatts of US offshore wind capacity through 2029
Power plant developers and operators have reported plans to install more than 6 gigawatts (GW) of offshore wind capacity at sites mostly along the U.S.…
SA Recycling hits milestone in iron ore exports
The SA Recycling terminal in the Port of Long Beach has topped a total of 2.5 million tons in exports of iron ore since October…
DHL opens second mobile pop-up store in Austin
• Demand from existing Austin mobile store sparks addition of second pop-up unit
• Local customers benefit from more accessible and fast shipping options
Realterm acquires fully leased final mile warehouse in Dallas-Fort Worth
Realterm announces the acquisition of a 186,344-square-foot, state-of-the-art, last-mile distribution facility in the Dallas-Fort Worth industrial market. The newly upgraded facility is located on 15.52…
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