In the wake of the supply chain crisis, warehouses across the globe are being squeezed by demand to store more goods than there is space, and to ship out products faster than their people can keep up.
The pandemic had a ripple effect on the supply chain: Demand for packaged goods soared while supply was constrained by factory shutdowns, shipping costs quadrupled, hundreds of thousands of containers were stranded and in warehouses, vacancy rates dipped below 4% while rents rose.
