News / Warehouse operators 'in the driver’s seat' as demand and costs keep rising

© Henadzi Pechan

Warehousing costs in the US are set to continue their ascent through this year, a new study from insightQuote has warned.

Its annual Warehousing Cost and Pricing Survey shows an average yearly increase of 5.59% for 2021, following a 3.3% rise last year.

Of the warehouse operators surveyed, 61% are raising prices this year, while last year, 69% of respondents put up their charges.

The survey is based on input from more than 600 warehouses in the network of insightQuote subsidiary WarehousingAndFulfillment.com.

According to ...