News / Warehousing costs to stay aloft as capacity growth and development slumps

© Jacek Dudzinski |

Beneficial cargo owners have seen drastic drops in transport costs in recent months, and expect further softness ahead – but their storage costs are set to keep rising.

Inventory and demand may be declining, but a sharp reduction in new warehouse developments will keep vacancy rates tight and nudge rents up by more than 10% this year, according to developers.

Warehouse automation is expected to shift down a couple of gears this year, but should resume its upward trajectory in the following ...