Vacancies for US Industrial Space Lowest Since 2000

EFT

Vacancies in the US industrial sector, which includes warehouses, distribution centres and other facilities, dropped by 10 basis points (bps) to 7.2 percent in the second quarter of this year, the 32nd consecutive quarter of declining supply and the lowest point since 2000, according to industry sources. down 430 bps), Tucson (down 310 bps), Sacramento (down 260 bps), and Jacksonville, (down 220 bps).

Van and Reefer Operators Give Thanks for Rate Increases

DAT Solutions

Late harvests are beginning the journey to your Thanksgiving table, via food processing plants and distribution centers. Outbound rates increased in key California markets, including Sacramento, where rates rose 14¢ last week, to an average of $2.20 Twin Falls, Idaho is a great source for outbound reefer loads, prior to Thanksgiving. Thanks in part to seasonal food items, rates are finally trending back up for vans and reefers.