News / Warehouse shortages will stay with us until 2023 as inventory gows

ProLogis Torrance Centre 5, California

US inventory levels are set to rise more than previously anticipated, driven by shippers’ change in supply chain strategy.

Warehouse capacity, already under strain, will be under further pressure as a result and is unlikely to abate until 2023, according to new predictions.

Logistics real estate giant Prologis has raised its projections of inventory levels in the US to 10%-15% above last April, when it expected them to rise 5%-10%.

This means Prologis will need to match this growth by expanding its facility ...