IDI Logistics’ Post

#Industrial Service Facilities (ISF) are crucial to the supply chain, ensuring the efficient transportation of raw materials and goods across the U.S. 🚛 Examples of ISF include truck terminals, maintenance facilities, container storage, and transload yards. As part of our Industrial Fund I, Black Salmon deployed capital for the #development of three truck parking lots, totaling 1,053 spaces on 35.3 acres, to serve the eastern and southeastern submarkets of Atlanta. 📍 These facilities, strategically located near major highways, railways, industrial centers, and Hartsfield-Jackson Atlanta International Airport, address the high demand for tractor trailer container parking in the area.

Lake County's supply chain can't be beat. With the nearby Waukegan Port District and Port of Chicago and the proximity of factories, warehouses and rail lines, local businesses are at a strategic crossroads for goods distribution. The region is also one of the largest rail corridors in North America. Illinois has seven class I railroads and the largest intermodal system in the U.S. #transportation #globalaccess #business #supplychain https://hubs.li/Q028vFkT0

The 70s corridor boasts a high concentration of businesses – with more than 39,000 located within a 10-minute drive of the corridor – and is home to 75% of the St. Louis region’s industrial occupiers that have more than 500,000 square feet of space and employ more than 1,000 workers. Among the region’s largest occupiers and employers located along the corridor is Boeing, which has a $1.8 billion expansion project in the works at St. Louis Lambert International Airport that will create 500 jobs. The airport is also preparing to invest $2.8 billion in a new, consolidated, single terminal that will contribute to additional growth in the region.   With plenty of real estate space available, the corridor’s accessibility to the St. Louis region and key markets around the country is a reason why developers, site selectors and businesses are recognizing it as an asset and are actively seeking to position their facilities in close proximity to the corridor.   Click the video below to hear firsthand from the researchers and real estate professionals taking a closer look at this major logistics corridor and learn why it is home to a wealth of national manufacturers, suppliers, and distributors, with room to welcome more. https://lnkd.in/gqFdFdWq

Happy to see loaded container volumes showing two consecutive quarters of annual growth and these numbers are not impacted significantly from Baltimore's Francis Scott Key Bridge incident which occurred late March. Also, a great indicator considering the contraction in 2023 volumes, that every major US port witnessed, started off with small losses on a percentage basis and peaked by the middle of the year indicating Q1 2023 volumes were not that far off 2022 record highs. Bulk demand in the Mid-Atlantic (tenant footprints greater than 400,000 s.f.) is reemerging as well as manufacturing requirements in the Mid-Atlantic's southern I-95 corridor. However, its important to note many recent bulk distribution requirements have been 3PL-based which often create a multiplying effect on demand since multiple groups are competing for a single contract in market. Nonetheless, a positive trend for Mid-Atlantic industrial and I remain cautiously optimistic along with several other local developers that broke ground on speculative product in Hampton Roads in Q2 2024. #PortofVirgnia #MidAtlantic #JLL #HamptonRoads #Seaports #Industrial #Richmond Gregg Christoffersen, Kristopher Kennedy, Muscoe Garnett, Adam Lawson, Jake Servinsky, Chris Avellana, Jimmy Appich, John Dettleff, Dan Coats, Abbot Wallenborn, Benjamin Caffey

If you haven’t had the chance to view our latest report, there are exciting updates in the Charleston Industrial Sector from Q2 2024! Here are some key takeaways: 🏬 Charleston Market surpasses 90 million sq. ft. total market size. 🚢 South Carolina Ports and INTERNATIONAL LONGSHORESMEN'S ASSOCIATION reach agreement to reopen Hugh Leatherman terminal. 💰 Capital markets active with successful forward sale in Summerville. ➕ Q2 sees positive streak with 388,179 SF of #absorption. Download the report here: https://lnkd.in/exvYjW_d CBRE Industrial Charleston: Bob Barrineau, Brendan Redeyoff, Timothy Raber, SIOR, Joseph Velazquez, Autumn Delorey | #CBRE #CharlestonIndustrial #QuarterlyReport #IndustrialRealEstate #CommercialRealEstate #CharlestonSC #MarketUpdate #RealEstateNews #Logistics #PortOperations #EconomicGrowth #Q22024

🎶 Ding Dong Ding Dong…the Liberty Bell is ringing 🎶 #LCI #LegalConcierge #CapeTrial #TrialLogistics #TrailConsulting #ProcurementSpecialist #TrialSupport #TrialTechnology #TrialPresentation #LegalOperations #TrialSite #ITNetworking #Logistics #WarRoom #LogisticsManagement #LitigationSupport #LitigationGraphics #Repographics

No timeline for Baltimore port reopening following bridge collapse The Port of Baltimore remains closed indefinitely following a tragic incident involving a Maersk-chartered container ship colliding with the Francis Scott Key Bridge, causing its collapse and leaving several construction workers missing. With the port's closure, disruptions in supply chains are expected, particularly in roll-on, roll-off cargo handling. While alternative routes are being explored, including Wilmington, Philadelphia, and Norfolk, the impact on the US economy is projected to be limited, despite rerouted traffic and increased congestion. Efforts are underway for recovery and reconstruction, with President Biden pledging federal support. The timeline for port reopening remains uncertain, with ongoing search-and-rescue operations prioritizing human safety. https://lnkd.in/gKYb-ywq

Kansas City, with its strategic heartland location and access to major rivers, has long been a key hub for trade and distribution in the central United States. The region is currently experiencing a significant industrial boom, becoming a prime choice for warehousing, manufacturing, and distribution. This growth is largely driven by Kansas City's extensive multi-modal transportation network, underpinning its status as a leading center for commerce. If you have questions about the Kansas City area and or are interested in bringing your business to Kansas City, connect with us today!  #CommercialProperty #WarehouseSpace #IndustrialProperty #RealEstateInvestment #CommercialRealEstate #IndustrialHub #LogisticsRealEstate #ManufacturingSpace #IndustrialDevelopment

🚢 Charleston Port Congestion: Key Updates 🚢 The Port of Charleston, South Carolina, is facing major congestion issues due to a mix of operational disruptions: 🛢️ System Shutdowns and Oil Spill: Recent incidents, including an oil spill, have led to increased wait times for vessels, with delays now up to 10 days. The spill required extensive clean-up operations, further complicating port activities and contributing to the backlog. 🏗️ Construction Pauses: The port has temporarily paused construction at the Wando Welch Terminal to open up more berths. This has provided some relief, but congestion remains a significant challenge. 🚢 Reopening Leatherman Terminal: To further address the backlog, the port has reopened the Leatherman Terminal, adding much-needed capacity and flexibility. These efforts are part of a broader strategy to improve port fluidity and reduce delays in the face of global shipping strains. #SupplyChain #Logistics #CharlestonPort #Shipping #GlobalTrade

Perfect opportunity Martijn Rentema #ColdStorage #Logistics #MiamiBusiness #Warehousing #SupplyChain #ColdChain #IndustrialRealEstate #MiamiWarehouse #FrozenGoods #RefrigeratedStorage #StateOfTheArt #BusinessGrowth #StrategicLocation #LogisticsSolutions #EfficientStorage #MiamiLogistics #CommercialRealEstate #LeaseOpportunity #InnovationInLogistics #ColdStorageFacility #WarehouseLease #BusinessOpportunity #MiamiEconomy