US warehouse lease rates climb even as demand for space slows
Warehousing landlords are poised to make more money this year without adding to their footprint, ...
Jakarta’s Soekarno-Hatta International Airport is preparing to build a 148,000sq metre cargo village that could finally turn Indonesia into a major hub for air freight.
Construction of its fourth passenger terminal, to meet growing demand, will mean the demolition of the airport’s current cargo facility, which is bursting at the seams, due to Indonesia’s massive e-commerce growth.
Valkyn Dmello, an advisor with local firm BSA Logistics, told The Loadstar: “In Indonesia the uptake of e-commerce is incredible.
“People here really embrace it and buy everything ...
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