A new report estimates that an economic value of $2.2 trillion in goods flow through Prologis facilities worldwide.
The "Future Flow of Goods" study from independent advisory firm Oxford Economics commissioned by the logistics real estate company comes at a time when some consumers are relying more heavily on e-commerce amid the COVID-19 pandemic.
"This study shows just how critical logistics real estate is to the vitality of the global economy," said Prologis chairman and CEO Hamid R. Moghadam in a statement. "Every day, Prologis sees many of the goods that make modern life possible flow through our distribution centers, which in turn underscores the interconnected nature of global trade."
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Alaina Lancaster
Alaina Lancaster, based in San Francisco, covers disruptive trends and technologies shaping the future of law. She authors the weekly legal futurist newsletter What's Next. Contact her at [email protected]. On Twitter: @a_lancaster3
