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<img> U.S. Northeast consumers’ growing appetite for e-commerce is cooking up a “red hot” industrial real estate market around the <a>Port of New York and New Jersey</a> — a trend great for developers and pricey for shippers, the head of an industrial real estate trade association said Wednesday. The rise of e-commerce forces shippers to carry more inventory in order to meet consumers’ expectation the products they order will be available and arrive quickly. That helped drive leasing velocity — the rate at which space is leased — in the second quarter of 2015 up 22 percent from the first...

U.S. Northeast consumers’ growing appetite for e-commerce is cooking up a “red hot” industrial real estate market around the Port of New York and New Jersey — a trend great for developers and pricey for shippers, the head of an industrial real estate trade association said Wednesday.


Industrial real estate

E-commerce heating up NY-NJ industrial real estate market

ILWU Canada threatens strike at Vancouver, Prince Rupert  

UPDATE: USWC disruptions continue as ILWU flexes power amid wage, manning gap with employers 

New FMC complaint challenges ‘unlawful’ stevedoring fees in Baltimore 

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ILWU Canada rank-and-file will vote later this week on whether to issue a 72-hour strike notice, raising the unprecedented prospect of disruption on Canada’s West Coast amid job actions by labor along the US West Coast.  

The White House said it was monitoring the fast-developing situation along the West Coast, while a major retail organization urged the Biden administration to intervene and warned about the ongoing diversion of cargo to the East and Gulf coasts.

Two stevedoring companies are looking to the Federal Maritime Commission to stop what they say is an unlawful access fee at the Port of Baltimore after one of them was invoiced $1.2 million. 

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ILWU Canada threatens strike at Vancouver, Prince Rupert

UPDATE: USWC disruptions continue as ILWU flexes power amid wage, manning gap with employers

New FMC complaint challenges ‘unlawful’ stevedoring fees in Baltimore