ITS Logistics Distribution + Fulfillment Q1 Index: US Warehouse Rent Hikes Signal Industry Response to Evolving Market Dynamics

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This quarter the index reveals that warehousing costs are estimated to account for 13% of the total supply chain expenses, while last-mile delivery holds the largest share at 41% of the total supply chain costs."The 1.03% increase in the Producer Price Index (PPI) for warehousing and storage services from August 2024 to December 2024 reflects a modest upward trend in the costs associated with these services,” said Ryan Martin, President of Distribution and Fulfillment for ITS Logistics.

-- ITS Logistics confirms last-mile delivery holds 41% of total supply chain costs, and warehousing accounts for 13% --RENO, Nev., Feb.04, 2025 (GLOBE NEWSWIRE) -- ITS Logistics today released the Q1 ITS Logistics US Distribution and Fulfillment Index, Powered by Cresa.

The ITS Logistics US Distribution and Fulfillment Index tracks the Producer Price Index (PPI) for Warehousing and Storage and offers a regional markets overview to optimize warehousing and delivery costs.

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Article Details

Author / Journalist: ITS Logistics

Category: Technology

Markets: China

Topics: Logistics Fulfillment Increase Quarter Warehousing Index Supply Distribution Costs Services Chain

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-04 @ 17:17:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 513 words

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News ID: 25893051

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