Distribution facilities must increasingly be near end consumers: Prologis VP - The Future of Logistics Real Estate
The coronavirus pandemic has solidified the status of e-commerce in the global economy while becoming even more a part of modern life, said Melinda McLaughlin, vice president, global head of research for Prologis.\n\u201cWhat happened really was COVID-19 pulled a lot of adoption that would have happened and customers were, frankly, planning for over three, five, to 10 years, but pulled it all into one year,\u201d McLaughlin said. \u201cSo when we emerge from this crisis, it\u2019s not like we go back on that trajectory that we were pre-COVID; a lot of that adoption stays and is persistent.\u201d\xa0\nFreightWaves\u2019 chief strategy officer JT Engstrom talked with McLaughlin during the FreightWaves Future of Logistics Real Estate Summit\nWatch\nApple Podcast\nSpotify\nMore FreightWaves Podcasts\nVisit FreightCasts sponsor: Convoy makes it easy to get your full truckload freight covered by high-quality carriers at competitive rates. To get an instant quote and 100% tender acceptance guarantees, click here.\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices