The Business Times
business-time-50

US warehouses get bigger, taller and faster

google-preferred-sourceAdd BT as a preferred source
Published Fri, Dec 1, 2017 · 09:50 PM

New York

THOSe boxes piling up on your doorstep over the holidays don't ship from Santa's workshop.

As Americans spend more money shopping online, real estate developers are sinking record amounts of money into new warehouse space, building bigger, taller structures to meet the needs of e-commerce - and the robots that help it along.

TRENDING NOW

Facebook co-founder Eduardo Saverin retains his title as Singapore’s richest individual despite a US$10.1 billion drawdown.

Wealth of Singapore’s 50 richest diverges as OCBC, Sheng Siong boom offsets tech slide

The Johor royal family has owned land in an area known as Tyersall Park for more than a century. 

Massive tax bill clouds sale of Singapore land by Malaysian king’s son

Canadian Prime Minister Mark Carney speaking at a press conference in Ottawa, on Aug 22, after trade talks with the US collapsed.

Canada’s fight with the US has far bigger stakes than trade

“I consider myself lucky. I don’t consider myself successful,” says Ng Yih Pyng, the second-generation leader of Tomei Consolidated.

What’s luck got to do with it? Everything, says Malaysian jewellery king Tomei’s chief

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More