Retailers are gearing up for the busiest time of the year but despite efforts to move inventory quickly, the current transportation capacity crunch is taking a toll.
Fifty-six of the 100 largest warehouse leases in the first half of 2018 were signed by e-commerce and third-party logistics companies, according to CBRE.
After decades of being denied a physical presence in New York City by unions claiming the mega-retailer takes advantage of its workers, Walmart has finally wormed its way into the Big Apple.
Retailers and logistics companies are gearing up for a huge shopping season in light of a solid economy and high consumer confidence, which translates into more jobs added for seasonal hiring.