Logistics operators with roots in China are taking on more warehouse space across the U.S. amid broad changes in sourcing, manufacturing and global trade flows. Prologis, the world’s largest industrial real-estate operator, said it estimates China-based third-party logistics providers and e-commerce companies accounted for 20% of net new warehouse leasing across the U.S. this year through the third quarter, which …
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Nyla Olsen’s eyes moisten with rage as she recalls the day in early October when a surge of putrid water rolled out of the Dominguez Channel and turned life in Leeward Bay Marina into “a horror movie.” Fish were gasping for oxygen at the surface of the water or floating belly up, she said. “I felt utterly helpless.” Nyla Olsen …