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Rising Warehouse Wages Propel Demand for Automation: ITS Logistics Q2 Report

Rising Warehouse Wages Propel Demand for Automation: ITS Logistics Q2 Report
A recent report by Gartner underscores the growing importance of warehouse automation in modern logistics. The global warehouse automation...

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ITS Logistics, in collaboration with Cresa, has released the Q2 US Distribution and Fulfillment Index, revealing a significant increase in the National Industrial Real Estate Vacancy Rate. This rise is accompanied by a surge in warehouse wages, which has led to a growing demand for technology and automation to reduce labor costs. The report also highlights the intensifying competition for talent in key regions, driven by rising wages influenced by inflationary pressures. The economy is currently growing, with inflation moderating as consumer spending supports underlying momentum. The improvement in Consumer Sentiment is seen as an encouraging indicator for businesses. ITS Logistics offers comprehensive network transportation solutions across North America and provides omnichannel distribution and fulfillment services to 96% of the U.S. population within two days. For more information, visit the ITS Logistics website.

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