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Chinese logistics operators are getting into US warehousing

Livemint · 7m

Third-party logistics providers and e-commerce companies from China are increasing their leasing of warehouse space in the U.S., says Prologis, the world's largest industrial real estate operator. Chinese logistics operators and e-commerce firms are estimated to have accounted for 20% of net new leasing in the U.S. through Q3 2023, a significant increase compared to previous years. These companies are expanding their warehousing presence in major logistics markets near ports in California, New Jersey, and Georgia. Chinese e-commerce giants Alibaba and JD.com, as well as logistics firms like Western Post, Lecangs, and Elogistek, are among those expanding their leasing.