b'10American Journal ofTransportation ajot.com(EXPANDScontinued from page 6) inUScontainervolumeinthesix-along the corridor.decade history of container shipping. This project represents a para- Imonlyawareoftwoperiodsof digm shift in transportation with ourannual declines - during the financial largesttradingpartner,saysMitchcrisis and the [COVID-19] pandemic Carlson,CEOofGreenCorridors,- and both proved to be short-lived.the company behind the project.TheimpactonUSportsofthe The Green Corridors project is notTrump administrations tariff war with supported by government funding. TheChina cant be understated. Cushman company is backed by a consortium ofWakefield in their June report entitled private-sectorleaders,infrastructurePortMarketsReacttoTradePoli-partners, and logistics innovators.cies ran a chart of top US container Thecompanyanticipatesbreak- portsbasedonCountry-of-Origin ing ground within the next 36 months,TEUs(twenty-footequivalentunits) withoperationsstartingin2031,while others are deploying all avail- shifted the market into neutral.in 2024. All of the major US ports, noting that Green Corridors is poisedable mechanisms to capture revenue. John D. McCown, a keen observerirrespective of coast, named China as tobecomethemostadvancedover- UltimatelyrealestateanalystsofcontainerporttrendsintheUS,the largest Country-of-Origin ranging land freight infrastructure deploymentlargely agree the investment in logis- wroteinhisrecentlyreleasedJuneinpercentagefromthePortofLos in North America. tics real estate is all about the freightMcCownReport,ThetenlargestAngeles at 63% to the Port of Miami flows and that begins with the nationsUSportsshoweda7.9%yearoverat 20%. In 2025 the fall off of inbound containerports,whosetraffichasyear drop in inbound volume in June.containersfromChinahasalready ( TARRIFIED continued from page 8) turnedonandofflikeasinkfaucetThis was the second straight month ofbeen noted in many ports, especially with demand gradually improving andwitheachWhiteHousetariffpro- declinesandwasaboveMays6.6%on the West Coast. supply falling rapidly. For tenants, thenouncement. For investors and tenantsdecrease. Both of those decreases wereFromalogisticsrealestateper-next 6 to 12 months may present thealike, the unpredictability of the tariffssharp reversals from Aprils 9.6% gain.spective, the question that this rapid bestopportunitytosecurefavorableand their impact on international tradeOutbound volume in June was downfall in inbound TEUs raises is whether lease terms. flows makes it difficult to determine5.0%, extending on declines of 2.3%thisisalong-termtrendatrend Theunpredictabilityoffreightwhether this downturn is the beginningin May and 1.3% in April.that lasts beyond the Trump termflowalsohasimpactsfarbeyondof a long-term trend or just a monetaryMcCownalsopointedoutthator an aberration. It is difficult to see theports. AndyDyer,CEOof AFSblip of an otherwise strong market. forthe2 nd quarterof2025inboundportvolumes,andthusthedemand Logistics, a 3PL with a strong pres- volumewasdown1.8%,amajorfor logistics real estate near to ports, ence in the LTL side of the truckingus p Orts and theC hInas yndrOme contractionfromthe9.6%quarterlyremaining high without volumes from business,wrote,DespiteplentyofLogisticsrealestateintheUSgain in 1Q25. And that that inboundChina. Simply put, second tier export-international travel by world leaders,had been booming around the majorvolume has been in a downward quar- ingnationslikeVietnam,Indiaand trade policy remains an unsettled pic- USports.Theneedforsupportingterlytrendoverthelastfourquar- othersatthisstagearentlikelyto ture, and businesses are opting for afacilitiesforwarehousingandothertersFrom these declines McCownreplacetheinboundvolumesfrom wait-and-seeapproachanddelayinglogisticsfunctionscoupledwithwrote, it is now most likely that thereChina. This in turn could change the spending decisions. He commented,more manufacturing and distributionwillbeadeclineinoverallannuallogistic real estate market in the US Withnocatalysttoignitedemand,movingintotheseportareasliftedinbound volume in 2025. He addedas demand falters. It is this long-term some carriers are buckling under thereal estate values and leasing costs thatthiseventwillbeoneofthepossibility that has the port and related pressure of unrelenting low volumesat least until the tariff announcementsmorestrikingyear-to-yearchangesindustries terrified in 2025.Superior ServiceTailored Solutions Learn More www.coreindrealty.com 630-786-2424 1211 W. 22nd St, Suite 529, Oak Brook, IL 60523'