How Warehouses Are the Backbone of the E-Commerce Boom

Sometimes, innovation looks like a baby stroller/e-scooter hybrid. Other times, it resembles a giant box standing awkwardly in a New Jersey meadow.

But what warehouses lack in aesthetics, they make up for in utility. These large sheds, containing all the items you’ve ever bought online, form the skeleton of an exploding e-commerce sector.

  • U.S. consumers spent a record $850 billion during the 2018 holiday shopping season, a 5% bump over 2017 driven almost entirely by online sales.

  • Every day, more than 1.5 million deliveries are made to NYC homes, a ~4x increase over 2009.

RSK: As long as there is 1 and 2 day shipping for the last mile, this will only continue to grow. And adding to this demand is reverse logistics... that`s right... those dreaded returns of products.

- - Volume: 7 - WEEK: 49 Date: 12/3/2019 10:43:21 AM -