TikTok has entered the logistics sector and is preparing to sell their own products in the U.S. With the recent full rollout of TikTok Shop in the U.S., the company’s next phase includes establishing its own supply chain, referred to as “Fulfilled By TikTok,” and venturing into product creation. Fulfilled By TikTok The initial indications…
Category: Warehouse
Industrial real estate to grow within the next years
In 2019, 336.3 million square feet (msf) of industrial space was added to the North America market. Between this year and next year, industrial real estate supply is expected to be a 573.4 msq with 459.9 msq being sold. Industrial rent is also expected to increase by the end of this year to USD $6.95…