Peak season is here
Logistics' busiest time arrives amid a severe capacity crunch. Last year’s peak season drove record demand for goods. Market dynamics shifted. Consumers bought less. Now, shippers face a different challenge—finding warehouse space.
4.8%
vacancy rate, lower than pre-pandemic rates
$9.40
per square foot for asking rent rates—a new record
172%
out of stock message increased last peak season
3.4%
average port adjacent market vacancy versus 4.8% national average