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Faced with an ongoing dearth of available capacity, warehouse operators will have to step up automation of their facilities to ease constraints.

New studies show construction has slowed sharply and inventories will remain bloated at least into the second half of this year, and likely well into 2024.

Warehouse construction shifted down a few gears this year, according to Interact Analysis, a UK-based consulting firm. On a global scale, new warehouse building has fallen by 35% from last year.

This year, the consultancy ...

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