Cold storage trough in sight as vacancies hit 20-year high
AI-Powered Summary
The U. S. cold storage market may be nearing the end of a downturn, which was triggered by a record surge in new facility construction and slowing consumer spending. As a result of pandemic-fueled overbuilding and declining food inventory trends, vacancy rates have climbed to a 20-year high.
Original article from FreightWaves
"Cold storage trough in sight as vacancies hit 20-year high"
https://www.freightwaves.com/news/cold-storage-trough-in-sight-as-vacancies-hit-20-year-high