Topic: Warehouse

Greenwich, Conn.-based global contract logistics services provider GXO Logistics Inc. reported a company record for quarterly revenue, in its third quarter earnings announcement earlier this week. Revenue, at $3.4 billion, saw an 8% annual gain, with organic revenue up 4%, and net income, at $60 million, rose 42% annually. Adjusted earnings per share, at $0.79, was flat, topping Wall Street expectations, at $0.77.

For 2025, NRF said it is calling for total holiday season spending to come increase between 3.7%-to-4.2% annually, coming in between $1.01 trillion-to-$1.02 trillion. In 2024, holiday sales saw a 4.3% annual gain, to $976.1 billion.

The October Services PMI, at 52.4 (a reading over 50.0 or above represents expansion and below 50 indicates contraction), increased 2.4% over September's 50.0 reading, which was preceded by expansion in 13 of the previous 14 months before September.

The report’s benchmark reading, the PMI, at 48.7 (a reading of 50 or higher indicates growth), was off 0.4% compared to September, contracting, at a faster rate, for the eighth consecutive month, with the overall economy growing, at a slower rate, for the 66th consecutive month.

The live event in Nashville, Tenn., featured 60-plus leaders, and also honored several companies with awards for supply chain excellence.

In this podcast, LM Group News Editor Jeff Berman interviewed Susan Spence, Chair of the Institute for Supply Management's (ISM) Manufacturing Business Survey Committee.

The Federal Reserve said yesterday that it lowered the target rate, for the federal funds rate, which comes from its Federal Open Market Committee (FOMC) for the second consecutive month, dropping it by 0.25%, to 3.75%-to-4.0%, its lowest rate level since 2022.

The report, entitled “JLL’s U.S. IND Market Dynamics Q3,” stated that third-quarter leasing volume reached 146.2 million square feet (MSF), marking the highest level of leasing activity since the first quarter of 2024 (and 387.1 MSF year-to-date).

Quarterly consolidated revenue, at $21.4 billion, fell 3.7% annually, and basic earnings per share, at $1.74 (topped Wall Street estimates of $1.29), fell $0.24, or 13.4%, annually. Total operating profit, at $1.8 billion, was off 9.1% annually. 

A key thesis in the report was focused on how the pairing of strong leasing and a decline in new construction held the overall quarterly vacancy rate at 6.6%, which the firm said reversed a stretch of quarterly losses that had been intact going back to the second quarter of 2022.

Any signs of progress being made on the trade front between the United States and its second-largest trade partner, Canada, appear to be squelched, based on a social media post issued by President Trump last night.

Volatility is no longer the exception — it's the norm. Between shifting order volumes, labor shortages, and supply chain disruptions, warehouse leaders are under pressure like never before. But here's the twist: smart, data-driven teams are turning disruption into advantage.

Kenco, GEODIS, Sysco, Maersk, and other logistics leaders will join the program at the 2025 NextGen Supply Chain Conference to showcase AI, automation, and strategies reshaping global logistics.

A panel of industry experts across different areas of the supply chain provided a detailed overview of market trends and themes this week in a session at the Council of Supply Chain Management Professionals (CSCMP) EDGE annual conference, which was held in National Harbor, Maryland.

The 30th Annual 3PL Study reveals how evolving partnerships and emerging technologies are reshaping the supply chain landscape amid disruption, cost pressures, and labor gaps.

The September Services PMI, at 50.0 (a reading of 50.0 or above represents expansion and below indicates contraction) was below a 52.0 August readng, which topped July by 1.9%. This reading is 2.0 below the 12-month high of 52.0 set in August and 0.1% above the May 2025 low of 49.9.

As global trade has seen significant shifts in a short time across 2025, coupled with the ongoing need for supply chains to build resilience and speed and become ever more agile, the role of the supply chain has subsequently evolved to being able to respond in short order to various things.

As e-commerce sales surge toward $8 trillion, third-party logistics providers (3PLs) are evolving to handle higher order volumes, tighter delivery windows, and complex returns using automation, AI, and integrated warehouse management systems (WMS). By offering scalable fulfillment, reverse logistics, and real-time visibility, 3PLs help shippers of all sizes optimize operations, cut costs, and enhance customer satisfaction in a rapidly changing digital marketplace.

The report’s benchmark reading, the PMI, at 49.1 (a reading of 50 or higher indicates growth), was up 0.4% compared to August, contracting, at a slower rate, for the seventh consecutive month, with the overall economy growing, at a faster rate, for the 65th consecutive month.

At Prologis’ Groundbreakers event, CEO Hamid Moghadam and Secretary Doug Burgum emphasized the urgent need for abundant, reliable energy to power AI growth, digital infrastructure, and next-gen supply chains