Last Mile

Why Chicago Stands to Benefit from Last Mile Logistics Growth

Market’s central location, comparatively low costs, deep labor pool and diversified economy make it ideal for eCommerce and logistics companies CHICAGO, Aug. 7, 2019 – As eCommerce continues to grow, companies that make, sell, store and transport goods are increasingly focused on the “last mile,” or the final leg of delivery to the end user. Already accustomed to two-day deliveries, today’s consumers are demanding shorter delivery times – including same-day and next-hour services – making Chicago a key market for last mile expansion due to a confluence of factors, including low costs relative to coastal markets, the availability of skilled labor, an extensive transportation network and centralized location, with more than 48 million potential consumers within a six-hour drive of downtown. Cushman & Wakefield, the top industrial agency leasing firm in Chicago based on data from CoStar Analytics, has released “Go the Last Mile,” an infographic report with key stats [...]

2019-08-07T17:12:21-06:00August 7th, 2019|Tags: , , , , , , |