Industrial Watch: August 17, 2019
“The effects of e-commerce have yet to cease. For the first time in almost a decade, the United States Postal Service reported a decline in package volume. Delivery services like UPS and FedEx are jumping on the bandwagon amidst the quick-moving era of online shopping, competing for even bigger pieces of the pie. Recently, FedEx reneged on their agreement with Amazon, leaving UPS as the last choice on the field. Will Amazon simply skip the middle man and create their own delivery service? Even so, existing delivery companies interestingly report that Amazon is not a significant enough amount of their revenue to threaten their bottom line, yet.”
-Adam Abushagur
I N D U S T R I A L N E W S
Trucks Catching Up to Trains for Shipping Costs
Connect.Media – August 13, 2019
Subcontractors Grow More Selective as Labor Market Continues to Tighten
ReBusiness – August 13, 2019
Marcus & Millichap Expands in Canada
GlobeSt – August 8, 2019
T E X A S N E W S
Sporting Goods Firm Gobbles Up New Industrial Building Near DFW Airport
Dallas News – August 14, 2019
Plans for Uber’s Major Regional Hub in Dallas Move Forward
CoStar – August 12, 2019
Hillwood to Develop Two Industrial Spec Buildings Totaling 1.3 MSF in Fort Worth
ReBusiness – August 9, 2019
M I D W E S T N E W S
Melton Machine Moving into 367,000-Square-Foot Home in Missouri
ReJournals- August 15, 2019
Stock Markets Slide as Bonds Signal Rising Concern about Growth
Kansas City Business Journal- August 14, 2019