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Is retail now facing a warehouse crisis?

August 11, 2022


With supply chain bottlenecks easing, a scarcity of warehouse space is promising to replace shipping container shortages as the biggest headache in the global supply chain.

Logistics real estate giant Prologis recently predicted an additional 800 million square feet of U.S. warehouse space will be required beyond earlier projections to handle excess inventories.

NPD’s recent monthly “Global Port Tracker” report indicated that a slowdown in cargo from Chinese factories facing pandemic-related lockdowns gave West Coast ports a chance to clear built-up congestion.

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