Analysts predict increased container traffic will be diverted to West Coast Ports due to issues affecting Asia to East and Gulf Coast trade.
In 2023 we experienced both positive and challenging situations. Here is a recap of some of the Top Stories of the past year.
The CEOs of five of the largest Ocean Carriers issued a declaration calling for IMO regulations to stop building new fossil fuel-only vessels.
Prologis has acquired the 170-acre Airpark Logistics Center in Goodyear, AZ from seller Creation Equity for $184 million.
The bidding war for the real estate portfolio of brankrupt LTL Carrier Yellow Freight escalated when Estes Express Lines increased its offer.
Prologis announced the pending acquisition of nearly 14 million sq ft (MSF) of industrial properties from Blackstone Real Estate.