WSJ: Chinese cargo cranes at US ports pose espionage risk, probe finds
THE WALL STREET JOURNAL reports: Chinese cargo cranes used at U.S. seaports around the country have ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
THE WALL STREET JOURNAL reports:
The U.S. warehousing market is retrenching heading into 2023, a turnaround from the pandemic-driven boom in industrial real-estate demand as companies slow down decisions on new storage and distribution space amid fears of a recession.
Companies leased 132 million square feet of industrial space across the U.S. in the fourth quarter, down 28.2% from the third quarter, according to a new report from commercial real-estate services firm Cushman & Wakefield. That was the second straight quarter-to-quarter drop in leasing.
After “the extreme acceleration we saw the past couple years, there’s just a natural kind of cooling right now,” said Carolyn Salzer, Americas head of logistics and industrial research for Cushman & Wakefield.
Amazon.com Inc. doubled the size of its fulfillment network in 24 months as its business surged. But the e-commerce giant last year started paring back growth in its warehousing operations and began to sublease some of its space as e-commerce growth slowed. Amazon on Wednesday said it is planning to lay off more than 18,000 employees, mostly in its corporate ranks, as it seeks to cut costs as online sales growth has retreated…
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