b'38American Journal ofTransportation ajot.comWarehouses are moving closer to ports to better serve Last-Mile customersPortsthe key to site location for new wave of ware-house construction.By Debra N. Phillips, AJOTWarehousespacewasscarce,markets that are not constrained are and leases were high during the mid- growing at double the pace.pandemicyearsof2021and2022.Miami,thetoptradingpartner Companies reacted to the pandemicswith Latin America and the Caribbean, supplychaindisruptionandemptyisconstrainednotonlybyavailable storeshelvesbycarryingadditionalspacetobuildwarehouses,but inventory, often referred to as just inphysical barriers as well. Ryder leases case product, rather than just-in-timeandoperateswarehousesonbehalf fulfillment. This led to an excess ofof customers using a team approach, warehouse space in 2023. The supplyaccording to Haber.anddemandforwarehousespaceAcombinationofrealestate began to stabilize in 2024, and someandconstructionprofessionalswill analystspredictthatdemandfromsurveythemarketforthemost certain market sectors, such as manu- suitable and competitive options andWA R E HO U SI N G& facturing, will rise in 2025. bringthoseoptionstothecustomer However,thewarehousesoffor evaluation, he explained. OnceD IST R I BU T I ON 25todayarealsoevolving,drivenbyawarehouseisselected,Ryderwill market dynamics and changing con- (CLOSERcontinued on page 40)sumerbuyingpatterns.In2025, there will continue to be an increase in warehouses being built near U.S.A T Iseaports.TheneedtoofferfasterE B R NdeliverytimeswhileminimizingE L GcostsassociatedwithhighvolumesCofimportedgoodsisafactordriv-ing this trend. The continued growth in e-commerce is also impacting the1 0-2020designofwarehouses,andtechnol- 92ogy is enabling the speed and accu- OF SE ICEracy required by todays consumers. RVw arehousesa rei ncreasingly SUCCESS STARTS WITH A WINNING TEAM!B eingl ocaTedn earP orTsWarehousesnearportscanact as strategic hubs, providing a bufferSince our establishment in 1920, we haveWE OFFER OUR CUSTOMERS:againstdisruptionstoglobalsupply chains in times of port congestion orbeen providing our global customers aOn-site Storage and Multi-modalweather-relateddelays.E-commercepremier level of service through superiorDistribution Serviceshas helped to create a global market- handling and performance, technologicalCustomer Access to 24 hour Inventory Trackingplace for companies of all sizes, fromadvancements, and a perpetual eyestart-upstoestablishedFortune500on customer satisfaction. Also, we offer oneStandard Berths and Ro-Ro Ramps are availablebrands.Locatingwarehousesnearof the most cost effective and reliable laborSpecially engineered Lifting Gearports provides access to more marketsforces in the North Atlantic.Container Transloading from / to Rail or Truckthan ever before. We have the ability to accommodate aOn-site service provided by 2 Class IA recent research study conductedvariety of automobile, breakbulk, bulk,Rail CarriersbyCoStar Analytics,acommercialcontainer and forest products. OurEfficient Distribution to Two Thirds of the realestateanalyticsfirm,indicatesdistinction, is based on our ability to closelyUnited States and Canadian populations within thatthenumberofportswithincoordinate your Stevedoring, Warehousing48 - 72 Hours 30minutesofaporthasincreasedand Distribution Logistics. by9.7percentin2025.According toCoStar,evenintheareawithin a30-minutedriveofthePortof LosAngeles,wherethedensityof existingpropertieshaskeptnew warehouseconstructionlimited,the totalsquarefootageofindustrial spaceavailableforleaseisatthe highest level in recent history. FOR MORE INFORMATION Miami, a major hub for global trade,hasawarehousingcapacityCONTACT US AT:of277millionsquarefeet.RyderJH STEVEDORING, INC. System Inc., a supply chain services2147 South Columbus Blvd. provider,workswithcustomersPhiladelphia, PA 19148inthetechnologyandlast-mileTEL: 215-218-3060categories in Miami, facilitating theFAX: 215-218-3078distribution of computer equipmentWEB: www.jhstevedoring.comand home delivery of furniture and exercise equipment. PENN WAREHOUSING & DISTRIBUTION, INC. Despite a more balanced alignment2147 South Columbus Blvd. betweendemandandsupplyofPhiladelphia, PA 19148TEL: 215-218-3000warehouse space, some markets andFAX: 215-218-3043ports, like Miami, are still constrained.WEB: www.pennwarehousing.comJoshHaber,GroupDirectorof RealEstate,Construction,Building Maintenance&FuelServices forRyderSystem,Inc.,stated, Warehousespaceisabiteasierto take down than it was a few years ago, but Miami is still limited compared to the rest of the country. Similar-sized'