Global Industrial and Logistics: Last Mile \ City Logistics January 2017
Urban areas around the world are evolving towards a more dynamic level of material transport as city logistics comes into play. Consumer demands are fueled by e-commerce and its ability to provide same-day delivery options at little-to-no expense to the consumer. This has become the single largest disrupter to the logistics industry, creating a supply chain arms race, completely changing the way we think about industrial real estate, and transforming the last-mile scheme. This isn’t a new phenomenon, and yet it isn’t a fleeting trend either. Companies are now using industrial real estate as a strategic differentiator, which has led to strong market fundamentals in global hubs. In this report, we explore the last mile and city logistics on a global scale, looking at the implications to the physical supply chain and what it means for industrial owners and occupiers.