Why Warehouses Are Taking Over The U.S.

The U.S. is facing a warehouse shortage, with 1 billion square feet of new industrial space needed by 2025 to keep up with demand, according to commercial real estate services company JLL. More e-commerce activity and faster delivery is driving up demand and shifting local economies, like in the Lehigh Valley region of Pennsylvania. Now, open land is scarce, forcing real estate developers to find unconventional spots, like a scuba diving center, if they want to keep building.
For every Cyber Monday purchase, there is a warehouse employee packing up those soon-to-be presents.
The big online shopping holiday comes amid a warehouse shortage across the United States as distribution center vacancy rates are at all-time lows. Nearly 96% of existing industrial space is in use, according to commercial real estate services company JLL.
The U.S. may need an additional 1 billion square feet of new industrial space by 2025 to keep up with demand, JLL estimates.
“The industry is effectively sold out through the next year,” Chris Caton, managing director of global strategy and analytics at Prologis, told CNBC.
Rents are at all-time highs and pre-leasing rates have skyrocketed, which is when warehouses are leased before construction is even complete.
“The leasing volume is almost triple in some cases to what’s being built every year,” Mehtab Randhawa, senior director of industrial research for the Americas at JLL, told CNBC.
For example, another nearly 190 million square feet of warehousing space was under construction in North America during 2020, and more than 43% of the buildings were pre-leased, according to CBRE.
This demand is driven by retailers beefing up e-commerce operations amid the online shopping boom, and investing in faster delivery thanks to consumer expectations. Retailers are also securing more storage space in the U.S. to mitigate the impact of future supply chain shocks, like those caused by the coronavirus pandemic.
Plus, e-commerce and logistics take up three times as much space as brick-and-mortar retail.
The expansion of warehousing has shifted local economies, like in the Lehigh Valley of Pennsylvania.
The rapid growth has created controversy over land use because the warehouse boom is tightening the supply of land.
“Our folks ... are very upset about the warehouses, and they’re very upset about the truck traffic that it’s creating,” Northampton County Executive Lamont McClure told CNBC.
That’s pushing industrial developers to get creative and find more unconventional spots, like a Lehigh Valley aqua park and scuba diving center if they want to keep building.
Lehigh Valley native Stuart Schooley told CNBC that he and some friends tried to stop the construction of the first warehouse on their street.
“We realized we couldn’t stop it ... [and it] just started a progression of one warehouse after the other. We were the last property,” Schooley, owner of Dutch Springs, a diving center and aqua park in the Lehigh Valley, told CNBC.
Now, Schooley is selling the land so he and his wife Jane can retire.
Real estate developer Trammell Crow is purchasing the property and looking to build two warehouses on the land.
“We used to be quite welcome, and the worm has definitely turned, especially in places like the Lehigh Valley, where I think people feel like when is enough, enough?” Andrew Mele, managing director in Trammell Crow’s Northeast metro division, told CNBC.
So, what do all these warehouses mean for American consumers and business people from Wall Street to Main Street?
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Why Warehouses Are Taking Over The U.S.

Пікірлер: 1 200

  • @cstnfacu
    @cstnfacu2 жыл бұрын

    America went from being a coast to coast shopping mall, to a coast to coast warehouse.

  • @Ctasker5

    @Ctasker5

    2 жыл бұрын

    Honestly - that’d be a great use of all the closing malls no?

  • @nightlightabcd

    @nightlightabcd

    2 жыл бұрын

    Much of it from China!

  • @user-do5zk6jh1k

    @user-do5zk6jh1k

    2 жыл бұрын

    @@Ctasker5 The architecture doesn't really work.

  • @Ctasker5

    @Ctasker5

    2 жыл бұрын

    @@user-do5zk6jh1k You’re right - I can see that being a problem. I was just thinking in the terms of massive space they occupy.

  • @user-do5zk6jh1k

    @user-do5zk6jh1k

    2 жыл бұрын

    @@Ctasker5 For sure. Especially with those massive parking lots they have, you can build a more on those plots of land.

  • @oxdhaoxt3694
    @oxdhaoxt36942 жыл бұрын

    The sad part will be when these warehouse become 90% automated and all the people in those town are left with nothing

  • @heydennisha

    @heydennisha

    2 жыл бұрын

    There are already a lot of warehouses transformed into automotive warehouse in PA. 5 people can totally run a warehouse like that.

  • @jimflagg4009

    @jimflagg4009

    2 жыл бұрын

    They can sell their land to the Warehouses. LOL

  • @ideologybot4592

    @ideologybot4592

    2 жыл бұрын

    The tax breaks that are given to industrial facilities now are contingent on job creation. If people aren't employed by the warehouse, then they will be taxed to fund government benefits. Any public official who doesn't see to this is incompetent.

  • @heydennisha

    @heydennisha

    2 жыл бұрын

    @@ideologybot4592 they can only hire per diem or part timer. That is still count as creating jobs . The big dogs always have tons of ways to avoid tax if they want to. They have the whole CPA team to back them up.

  • @ideologybot4592

    @ideologybot4592

    2 жыл бұрын

    @@heydennisha hey, believe who you want to believe and blame who you want to blame, man. I don't care enough to argue about it.

  • @SomeUserNameBlahBlah
    @SomeUserNameBlahBlah2 жыл бұрын

    Instead of paving over farmland, they should buy old factories and tear them down then rebuild. Most of these warehouses will be abandoned in 50 years.

  • @weirdshibainu

    @weirdshibainu

    2 жыл бұрын

    No kidding. Look how much room would be available in places like Detroit.

  • @shyguy1630

    @shyguy1630

    2 жыл бұрын

    Like in the rust belt.

  • @Jolly-Green-Steve

    @Jolly-Green-Steve

    2 жыл бұрын

    logistics. too far away. this land is in a huge population zone didn't you pay attention during the video?

  • @MMay2099

    @MMay2099

    2 жыл бұрын

    Just like when a big box store decides to move locations a few miles because it's cheaper to build a bigger more appealing site and leave the eye sore to pollute a community while going unused.

  • @Jolly-Green-Steve

    @Jolly-Green-Steve

    2 жыл бұрын

    @@MMay2099 eyesore? like old people can really see good anyways. ha. you make me laugh. if Matrix was here he'd laugh too.

  • @UToobin75
    @UToobin752 жыл бұрын

    I temped at a warehouse (twice) in the 2000's. Low pay, mandatory overtime, no climate control during the summer, dirty and dusty, poor safety protocols, a**hole management, clocked every minute, on your feet all day, physically demanding. Just as we're warehousing products, we're warehousing people. The future of non-college educated work is depressing, though I suppose it always was.

  • @johniii8147

    @johniii8147

    2 жыл бұрын

    Yeah no AC would definitely be a deal breaker.

  • @user-uc9fx4ru7p

    @user-uc9fx4ru7p

    2 жыл бұрын

    Truth is there are probably a lot of college grads working jobs like this.

  • @UserName-ts3sp

    @UserName-ts3sp

    2 жыл бұрын

    i work at a warehouse and there's almost never mandatory overtime. outside of coming in an extra day during the peak season

  • @ZackScriven

    @ZackScriven

    2 жыл бұрын

    Create content. No college degree required

  • @ivt2696

    @ivt2696

    2 жыл бұрын

    Automation will be the solution

  • @bettyvanderhooven-schmaasc4235
    @bettyvanderhooven-schmaasc42352 жыл бұрын

    I just joined a "buy nothing" group. So tired of consumerism.

  • @SoapinTrucker
    @SoapinTrucker2 жыл бұрын

    I can't speak for others, but as a former truck driver of 28 years, I was extremely glad to see all the new warehouses being built, because the aged ones were/are a pain in the butt to get into, old docks, no where to park, etc!!!!!

  • @manictiger

    @manictiger

    2 жыл бұрын

    Nonono! You're supposed to hate warehouses and embrace the new siege and soon-to-be famine that these MSM and billionaires are waging on America! -50 Social Credits

  • @williamhaynes7089

    @williamhaynes7089

    2 жыл бұрын

    I used to love backing a 53ft trailer into the Kroger warehouses with INSIDE the building docks, that was built for 48ft w/a cab over

  • @improvisedsurvival5967

    @improvisedsurvival5967

    2 жыл бұрын

    I peddle and still a lot of awful docks in the north east

  • @robertl.fallin7062

    @robertl.fallin7062

    2 жыл бұрын

    @@manictiger You are a wise man Mr. manictiger. 👌

  • @SoapinTrucker

    @SoapinTrucker

    2 жыл бұрын

    @@improvisedsurvival5967 Out West they have been getting better and better!!! :)

  • @jcarey568
    @jcarey5682 жыл бұрын

    What this video didn't address is that the Lehigh Valley and Northern Berks County have some of the best farmland in the country, if not the world (I know, Lancaster County, that's a bold statement right there...). Pennsylvania German settlers really knew how to spot great soils. Once that's paved over, it's gone and the breadbasket of the Eastern US is no more. That's the most heartbreaking thing to see as I travel through that area. It's awful that farming can't ever compete with short-sighted development.

  • @TKUA11

    @TKUA11

    2 жыл бұрын

    What makes you think that there isn’t enough land for farms and warehouses

  • @johannes7434

    @johannes7434

    2 жыл бұрын

    @likexbread what do you mean?

  • @jcarey568

    @jcarey568

    2 жыл бұрын

    @likexbread I have not, but I'm assuming that you're adding it to the list of places with some of the best soils in the country. If so, thank you! :-)

  • @sebas1707

    @sebas1707

    2 жыл бұрын

    @@TKUA11 I live in the Lehigh valley. It’s not the fact that there isn’t enough space. More so where they choose to build their warehouse. Makes thing very inconvenient for Lehigh valley residents. PA roads are known to be terrible and living here it seem like every few weeks a new industrial complex gets built in or around residential areas. Making the roads worse, traffic worse and taking away a lot of the natural beauty we are used to seeing and enjoying. I don’t think people would be as upset if warehouse divided to build a little further away from residential areas.

  • @jesusislord6545

    @jesusislord6545

    2 жыл бұрын

    Repent to Jesus Christ! “Cast all your anxiety on him because he cares for you.” ‭‭1 Peter‬ ‭5:7‬ ‭NIV‬‬ J

  • @BenShutUp
    @BenShutUp2 жыл бұрын

    Old dude said, I’m cashing in and traveling before I kick the bucket.

  • @davidanalyst671

    @davidanalyst671

    2 жыл бұрын

    im kinda sad that he put everything hes got in that business but now hes selling cause the land is expensive. thats gotta be frustrating.

  • @jtkm
    @jtkm2 жыл бұрын

    I have mixed feelings. These warehouses that have been taking over the farmland in southcentral PA, where I live. Yeah its disgusting a gray, yet at the same time, these warehouses have brought so many good jobs, and I myself am currently benefiting from this. I work at these warehouses. My final verdict, these warehouses are "mostly" good because they gave rust belt areas like mine, a second chance, and gave me and my friends good stable incomes.

  • @TheOak12345

    @TheOak12345

    2 жыл бұрын

    I agree with your point. You could also look at some warehouses growing food in vertical farms to supplement the fact of lost farmland.

  • @jtkm

    @jtkm

    2 жыл бұрын

    @@TheOak12345 Well, the thing is, the reason why lots of farmland is being sold is because farmers kids don't want to farm, so they sell it instead of having family assets laying around being wasted. So, the idea to have that type of farming won't be sucessful unfortunately. Not to mention, most of our farmland was being used for corn, soybeans, and alfafa, not even produce. I still appreciate your input!

  • @TheOak12345

    @TheOak12345

    2 жыл бұрын

    @@jtkm Yes I know. I lived in SW Ontario outside of London, 90 minutes east of Detroit. Farmland everywhere and yes the "next generation" does not want to farm so big companies or larger conglomerates are buying up the properties. There is a lot of corn for ethanol and soybeans - shipped to other markets. It's mostly year to year as no one controls the weather and I know that's what scares a lot of ppl out of farming or continuing with the family farm. It's hard to turn down high 6 figure or even 7 figure offers.

  • @jtkm

    @jtkm

    2 жыл бұрын

    @@TheOak12345 precisely, I have friends who's grandparents profited off of selling their land for warehousing. Living in SW ON, I assume the area is similar to southcentral PA in terms of economy and climate, being in rural areas within close proximity of various large metropolis'.

  • @pavelimani

    @pavelimani

    2 жыл бұрын

    A warehouse doesn't have to be ugly. It can get a nice exterior ("skin"?).

  • @codywright2840
    @codywright28402 жыл бұрын

    I witnessed this warehouse boom first hand as a civil engineering intern at Kimley Horn in Fort Worth Texas this summer. Practically every project I worked on was a massive industrial warehouse somewhere in Dallas Fort Worth. Absolutely nuts.

  • @mandisaw

    @mandisaw

    2 жыл бұрын

    Civil engineering used to be a great profession in the US - housing, infrastructure, transportation. Then it all shifted overseas, which was still okay if you didn't have family or medical needs back home. Now we're creating the final nails to shut the coffin on the "manufacturing" class. We're in for a tough next 30yrs.

  • @mkb5984

    @mkb5984

    2 жыл бұрын

    Yep. That's my city and that's what's happening.

  • @genkiferal7178

    @genkiferal7178

    2 жыл бұрын

    i am in your area. Is there a shortage or warehouse workers? I quit that business because only temp agencies hired, so you'd NEVER get hired full time - got crappy pay with no benefits. I am wondering if that changed. Some warehouse jobs are awesome - depends on who you work for.

  • @industrialize
    @industrialize2 жыл бұрын

    This video is really well done. Bonafide experts were interviewed and some real challenges in the industry were identified. Considering the US industrial real estate market is comprised of over 20 billion sq ft and has an aggregate value of over $1.5 Trillion, I'm surprised it's taken this long for the industry to enter the spotlight.

  • @davidanalyst671

    @davidanalyst671

    2 жыл бұрын

    they said lehigh valley a hundred times, but avoided saying allentown or bethelehem, the cities where the water park is. other than that, its a great vid

  • @industrialize

    @industrialize

    2 жыл бұрын

    @@davidanalyst671 I caught how often Lehigh was said too! I'd also disagree that a warehouse is defined as a distribution center over 200,000 sq ft. There are many buildings smaller than that which would still technically be warehouses, but I understand the point they were trying to make.

  • @dtnel

    @dtnel

    2 жыл бұрын

    @@davidanalyst671 so when they say Lehigh Valley I'm sure it's more than one city based on my 13 1/2 yrs of over the road trucking I've been dang near to every corner of the united states, Ontario and Quebec.

  • @shacktime

    @shacktime

    2 жыл бұрын

    This is part and parcel of the push to resurrect company towns.

  • @stompthedragon4010

    @stompthedragon4010

    Жыл бұрын

    Exactly

  • @54032Zepol
    @54032Zepol2 жыл бұрын

    Buy warehouses and lease them to companies

  • @tycooperaow

    @tycooperaow

    2 жыл бұрын

    They do this already

  • @CarlosG2288

    @CarlosG2288

    2 жыл бұрын

    You’re about 2 years late for that, Prologis and Amazon have been buying them up for years

  • @Sacto1654
    @Sacto16542 жыл бұрын

    Reason: a company called Amazon. They need warehouse space on an unprecedented scale, and are grabbing warehouse space as fast as possible. No wonder we're seeing major warehouse construction near railroad yards and even near airports.

  • @TheBooban

    @TheBooban

    2 жыл бұрын

    Because of imports! Logistics is crap jobs compared to manufacturing.

  • @johniii8147

    @johniii8147

    2 жыл бұрын

    @@TheBooban Manufacturing has been long gone for a long time now. Not coming back. Amazon actually pays low skilled workers very well. $18.00 is common plus benefits. Much better than the average the retail job.

  • @TheBooban

    @TheBooban

    2 жыл бұрын

    @@johniii8147 You can't say it's not coming back. It's due to politics. Factories move from country to country all the time depending on costs. Put the tariffs up to make it more costly to import like before WTO, and they will come back.

  • @johniii8147

    @johniii8147

    2 жыл бұрын

    @@TheBooban Yes i can pretty confidently say it's not coming back back in any large scale. I'm a realist. Manufacturing that is done here is not the the high paying gig it use to be decades ago. No unions, no pensions, paying $15.00-$20.00 and hour with high healthcare costs.

  • @hillbillyintheasia6122

    @hillbillyintheasia6122

    2 жыл бұрын

    @@johniii8147 18 usd a hour is crap, min wage in California is 15 hour. sounds a slave worker.

  • @ubermenschen3636
    @ubermenschen36362 жыл бұрын

    What is not said: as modern retail sales turn to e-Commerce which in turn drives demand for warehouse, the demand for traditional retail stores and shopping malls will decline. Essentially, these warehouses cannibalize retail floor space.

  • @236715238221

    @236715238221

    2 жыл бұрын

    I think this trend is happening globally in other countries too! COVID situation has accelerated e-commerce business worldwide as people forced to stay at home and purchase from the comfort of their homes and they have become so used to it now… Some people even order just erasers, clips etc. from e-commerce sites and get delivered to their door steps… I reside in Singapore and working in 3PL industry and the demand for warehouse space has skyrocketed here too…

  • @Redmanticore

    @Redmanticore

    2 жыл бұрын

    of course. yeah? so what? the golden age of traditional shopping malls was the 80s. what, are you a shopping mall enthusiast, or something?

  • @chrisfrisch1347

    @chrisfrisch1347

    2 жыл бұрын

    seems to me they aught to be building these warehouses on the sites of all the shuttered malls and closed stores, or are we just going to turn the malls back into residential sites?

  • @dvferyance

    @dvferyance

    2 жыл бұрын

    @@236715238221 I think most people want to move on from covid. Covid is not going to be an issue forever.

  • @rj9617

    @rj9617

    2 жыл бұрын

    @@Redmanticore 😂

  • @anyone150
    @anyone1502 жыл бұрын

    Don't need touch rural areas. A lot of the empty office parks, dead malls, vacant big box stores etc can be converted into warehouses. The described demand for warehouse space is a reflection of changes in the times.

  • @johniii8147
    @johniii81472 жыл бұрын

    Just use the closing malls for a lot of them. The enclosed mall is going away so relocate the space.

  • @jascrandom9855

    @jascrandom9855

    2 жыл бұрын

    The design of closed malls is not very good for comercial warehouses.

  • @chrisdionne2871

    @chrisdionne2871

    2 жыл бұрын

    Malls are in commercial zoned areas. Warehouse needs and transport infrastructure require their own industrial zoning. Not to mention, a warehouse placed where a mall was is most likely to be an eyesore.

  • @DeadAir21

    @DeadAir21

    2 жыл бұрын

    Most malls aren’t situated where it would make sense for a warehouse. Malls are typically in the middle of retail sectors of towns which means a lot of cars go through it daily. Adding s bunch of trucks to that would be a nightmare logistically and for traffic. Warehouses are best suited away from heavy traffic.

  • @johniii8147

    @johniii8147

    2 жыл бұрын

    @@DeadAir21 Actually many of them are well situated near the major highways out in the burbs. Already seeing amazon converting old Sears/JCP etc to distribution centers.

  • @TKUA11

    @TKUA11

    2 жыл бұрын

    They are not zoned properly for that plus the truck routes aren’t favorable for that

  • @calcrappie8507
    @calcrappie85072 жыл бұрын

    This is not industrial "production". These are jobs paid for in miles of empty store fronts, shopping malls and domestic manufacturing. So now we pave over farm land for the convenience of sitting at home and clicking a mouse.

  • @communistpootisbirb

    @communistpootisbirb

    2 жыл бұрын

    Exactly

  • @717FTE
    @717FTE2 жыл бұрын

    Warehouses are a necessary evil. One of the biggest issues is the truck traffic and no where for drivers to park to get proper rest and services. These towns want the tax revenue but expect drivers to disappear after loading or unloading.

  • @vmobile890

    @vmobile890

    Жыл бұрын

    I’m not a trucker but feel there needs to be rest areas near or at big warehouses for truckers to have proper rest for safer driving .

  • @Mango_B
    @Mango_B2 жыл бұрын

    I'm for minimal regulation, but this is getting excessive. Needs to be reigned in. There is plenty of space available in many run-down sections of many cities, and oh, there is also plenty of land available in mid-size airports to build on and around the property. Let's take advantage of that, push those areas, before we destroy virgin land or worse, take away farmland that we won't get back.

  • @communistpootisbirb

    @communistpootisbirb

    2 жыл бұрын

    Already killed every ounce of farmland in my home town. Sad to see a once beautiful small town of farms and local restaurants become pavement, traffic and ugly sun blocking bricks.

  • @jiminfested
    @jiminfested2 жыл бұрын

    As much as I'd hate to lose a water park, can't be upset by a 70 something trying to retire. If the community wants to match the offer then should. I'm pretty certain he'd even discount it for the town

  • @jiminfested

    @jiminfested

    2 жыл бұрын

    @morpheus01736 Who is "we" though. If your 70 year old family member wanted to retire would you tell them not to sell? If you wanted to retire at 70, you either work until you are dead or sell the land, what would you do

  • @jiminfested

    @jiminfested

    2 жыл бұрын

    @Raoul Duke Who would pay for it?

  • @RealLifeFinance

    @RealLifeFinance

    2 жыл бұрын

    Thats what I was thinking. 10% discount to anyone who signs keep as is for at least next 3 years

  • @CUMBICA1970
    @CUMBICA19702 жыл бұрын

    When I hear warehouses I remember the fire that burned down an online retailer's big warehouse northside of Tokyo in 2017. 70,000 square meters (or 750,000 sq feet) in floor space packed with office supplies worth 200 million US bucks in retail value. It took 12 days to completely extinguish the fire.

  • @oggyreidmore

    @oggyreidmore

    Жыл бұрын

    One fire 5 years ago. This is definitive proof that warehouses are too dangerous, so we should ban them so society can be devastated when there's a supply chain problem lasting more than a couple days.

  • @gbb82
    @gbb822 жыл бұрын

    People complain about the loss of manufacturing jobs, but then complain when jobs show up near their backyard.

  • @matthew8153

    @matthew8153

    2 жыл бұрын

    @bobcat baldfat drunkbeater In 1996 the minimum wage was $4.75 and you could buy a house on that wage.

  • @jack_brooks

    @jack_brooks

    2 жыл бұрын

    @@matthew8153 I was working at a office supply store in 1996 for that wage. I don't recall being able to even consider buying a house (even a crappy one) with it and remaining solvent. And that was in upstate NY with cheap real-estate. It was enough to buy a used car as a teenager.

  • @iceman18211

    @iceman18211

    2 жыл бұрын

    @@matthew8153 The game is the game, play or get left behind.

  • @samuelmitchell5937

    @samuelmitchell5937

    2 жыл бұрын

    @@matthew8153 someone failed economics

  • @matthew8153

    @matthew8153

    2 жыл бұрын

    @@samuelmitchell5937 This from the guy who probably never even took an economics class.

  • @danielhockersmith5235
    @danielhockersmith52352 жыл бұрын

    Boomer complains about warehouses then quickly sells his land to warehouse company.

  • @HENERlKO

    @HENERlKO

    2 жыл бұрын

    I think you missed the point

  • @nemeanlioness

    @nemeanlioness

    2 жыл бұрын

    green

  • @Mrcharles.

    @Mrcharles.

    2 жыл бұрын

    You can thank Amazon for the warehouse boom.

  • @nemeanlioness

    @nemeanlioness

    2 жыл бұрын

    @@Mrcharles. and anyone that buys online.

  • @iam.miikey

    @iam.miikey

    2 жыл бұрын

    Why not! 😂

  • @harrylerwill8915
    @harrylerwill89152 жыл бұрын

    Supply chain disruptions impact JIT processes, so industry is reverting to CRP II modalities, which requires inputs be stored locally.

  • @utistudent099

    @utistudent099

    2 жыл бұрын

    Perhaps paying over the road truckers better could help? Heck , it's hard enough to get someone into plumbing and electrical.

  • @JeffersonMartinSynfluent

    @JeffersonMartinSynfluent

    2 жыл бұрын

    The mall was probably a smaller scale warehouse in its own right. Now Bezos is buying up dying malls for storage space. What goes around, comes around.

  • @3089280288

    @3089280288

    2 жыл бұрын

    Local as in a store?

  • @thunderb00m

    @thunderb00m

    2 жыл бұрын

    All this is well and good till a few years down the line when everything goes back to normal and some executives cut back on this, show investors that they reduced cost and get fat bonuses. JIT is the most efficient and we will return to that eventually.

  • @TKUA11

    @TKUA11

    2 жыл бұрын

    Please speak like a normal human being

  • @krysatheo
    @krysatheo2 жыл бұрын

    We need to reduce our consumerism...

  • @johniii8147

    @johniii8147

    2 жыл бұрын

    Agreed. People buy a bunch of stuff they don't need. The storage places have been a boom industry for several years now because people can't fit all the stuff they don't use or need in their homes. There is one on every other block where i live.

  • @alazarou
    @alazarou2 жыл бұрын

    People want all their online shopping to be in stock and there the next day but complain when companies need warehouses to make that possible.

  • @JogBird
    @JogBird2 жыл бұрын

    they should solar panels on their roofs

  • @SA2004YG

    @SA2004YG

    2 жыл бұрын

    @Yummy Spaghetti Noodles I don't think that's how it works. If the price of electricity goes down there will be a lot more use hence driving the price back up until a new equilibrium

  • @lavalampluva55401

    @lavalampluva55401

    2 жыл бұрын

    Right! Solar could just about pay off most of their operating costs.

  • @112313

    @112313

    2 жыл бұрын

    One would think that the huge roof area of warehouses are a surefire place to put in solar panels...but noooooo....no such sensible luck.

  • @franwex

    @franwex

    2 жыл бұрын

    The do here in California.

  • @davidanalyst671

    @davidanalyst671

    2 жыл бұрын

    @@SA2004YG go google the price of electricity in california. Its right there, smacking you in the face

  • @benzynowypiotrek
    @benzynowypiotrek2 жыл бұрын

    Everything bought online. To have almost no consumer electronics store (best buy still there, but come on) in Silicon Valley is unthinkable. Same goes for photography equipment. Moving to Taiwan where literally everything is at your fingertips, 15 minutes away from you ready to pick up while still having the option to deliver quickly was refreshing.

  • @vividesiles3763

    @vividesiles3763

    2 жыл бұрын

    So true! I saw so many electronics over there and the cities are amazing

  • @JeffersonMartinSynfluent
    @JeffersonMartinSynfluent2 жыл бұрын

    Why is a warehouse considered industrial space given that nothing is actually made or created there?

  • @slomo4672

    @slomo4672

    2 жыл бұрын

    Anything not offices, homes, parks, shops or restaurants are classified as industrial?

  • @noammusk519

    @noammusk519

    2 жыл бұрын

    What would you suggest a better classification should be?

  • @gothnate

    @gothnate

    2 жыл бұрын

    Because having an area designated as an industrial zone will keep people from building homes in the area. Would you want to live next to a warehouse with all the lights, sound, and smells coming from them? Most people don't, but there would be some that wouldn't mind it, until they did. Then lawsuits start. Plus, keeping industrial zones further away from housing means less interference with schools, churches, and any accidents are minimalized and away from nearby neighborhoods.

  • @DM-cg7mw

    @DM-cg7mw

    2 жыл бұрын

    Trucks in, trucks out, 24/7 every day. Industrial...

  • @TheBooban

    @TheBooban

    2 жыл бұрын

    @@noammusk519 China distribution zone.

  • @dontknowjack596
    @dontknowjack5962 жыл бұрын

    He has a right to retire and sell his investment as he wishes. Good for him.

  • @kentharris7427

    @kentharris7427

    2 жыл бұрын

    You can always deal with the devil as long as he pays cash! 😀

  • @davidanalyst671

    @davidanalyst671

    2 жыл бұрын

    its sad that he built all that stuff and hired people and put money into it, and all he gets out of it is the land his business sits on.

  • @segasys1339

    @segasys1339

    2 жыл бұрын

    Noblesse oblige my friend. He also has a responsibility to his neighbours and duty to preserve and improve his community. At the very least he should take some of the money to retire and reinvest the rest back into the community.

  • @Rootkit_69

    @Rootkit_69

    2 жыл бұрын

    His retirement ironically is coffin in few years. & His money will go to some young.

  • @emmanuel6282
    @emmanuel62822 жыл бұрын

    Great watch! Definitely learned a lot

  • @billsteinly8105
    @billsteinly81052 жыл бұрын

    Pennsylvania's new nickname: The State of Logistics

  • @TOMMY-xc6ou
    @TOMMY-xc6ou2 жыл бұрын

    Worked at amazon in 2015. It was just fine. Until they let us go for making too much money, they called it budget cuts. That was before the 4 day/10 hour a day, work week. If you're a CDL driver its great tho, money hand over fist. Plus piece of mind.

  • @alphonsobutlakiv789
    @alphonsobutlakiv7892 жыл бұрын

    I've been thinking about warehouses ever since I started working on an automated delivery system project. Planing the first delivery polls along a test track and was thinking of how to link my apartments, store and wearhouses as part of the test sight. Seeing how these are placed for short delivery distance, would be interesting to look into how to set up for these new locations.

  • @jesusislord6545

    @jesusislord6545

    2 жыл бұрын

    Repent to Jesus Christ ! “Cast all your anxiety on him because he cares for you.” ‭‭1 Peter‬ ‭5:7‬ ‭NIV‬‬ N

  • @alphonsobutlakiv789

    @alphonsobutlakiv789

    2 жыл бұрын

    @@jesusislord6545 Is there something wrong with delivery polls? Is this quote reference to how they are like crosses that care for you?

  • @vincentanguoni8938

    @vincentanguoni8938

    2 жыл бұрын

    Really? Jesus who!!! I'm Buddhist!!!

  • @alphonsobutlakiv789

    @alphonsobutlakiv789

    2 жыл бұрын

    @@vincentanguoni8938 what dose any of this have to do with warehouses and delivery polls?

  • @maxheedrum100

    @maxheedrum100

    4 ай бұрын

    ​​@@alphonsobutlakiv789It has to do with every affair of man!

  • @johng5295
    @johng52952 жыл бұрын

    Thanks in a million. Great content. Awesome. Grade: A++💥

  • @skyearthocean5815
    @skyearthocean58152 жыл бұрын

    Two ideas: Start building warehouses underground, build sustainable communities and or parks above them. Above ground warehouses should all be covered in solar panels, so much acreage for energy production!

  • @SBK2480

    @SBK2480

    2 жыл бұрын

    digging out and creating an underground facility is incredibly expensive to build and operate - think of all the additional air conditioning, ventilation, lighting etc. needed. It's more likely that warehouses will become multi-storey (meaning stacked on top of each other) , like how they are in places like Singapore and Hong Kong.

  • @robertmccully2792
    @robertmccully27922 жыл бұрын

    If you buy overseas you must have warehouses to store the container loads of products coming in. Compared to product made in USA can be shipped direct from manufacture .

  • @charlottemia9362
    @charlottemia93622 жыл бұрын

    Then you'r certainly going to get liquidated in 90% of your trades. Yeah that's the bitter truth. For a start you need a good and experienced hand to guide you or even manage your account while you copy the same trades Trust me, trading isn't difficult as we see it. With the right information and guider you are sure to always place the right trade and make profit.

  • @luisdaniela4624

    @luisdaniela4624

    2 жыл бұрын

    Hello, I'm new to Bitcoin trade and I've been making huge losses but recently I see a lot of people earning from it. please can someone tell me what I'm doing wrong?

  • @juanfrancisco285

    @juanfrancisco285

    2 жыл бұрын

    Trading by yourself is not a good idea what tells you to buy or sell? Okay what tells you the trend is done you must exit please tell me that?

  • @jesusavila3918

    @jesusavila3918

    2 жыл бұрын

    All you need now is a professional trader else you will continue making losses

  • @emiliobracamontes9484

    @emiliobracamontes9484

    2 жыл бұрын

    I will advice you should stop trading on your own if you keep losing and start trading with Mrs Caroline trading services

  • @kevinhelen3587

    @kevinhelen3587

    2 жыл бұрын

    As a beginner who don't understand how Bitcoin trade really works and you really want to make profit from it. I will advise you to first start working with a professional broker

  • @hr2079
    @hr20792 жыл бұрын

    Great report. Thank you for sharing

  • @zaeempuente6470
    @zaeempuente64702 жыл бұрын

    Honestly warehouse work is hot and sweaty but I felt more self respect in my 6 months of warehouse work than I ever have in my 4 years of retail work

  • @arghyadeep5738
    @arghyadeep57382 жыл бұрын

    Even in India new warehouses are under construction every where mostly from flipcart and amazon , and it creates more than 10k + local jobs near its facilities , which is a much needed thing in a country like India

  • @AS-ug2vq

    @AS-ug2vq

    2 жыл бұрын

    Meanwhile local shops are also shutting down as they fail to get the margin they need to survive from the customers who now have ability to lookup prices online.

  • @arghyadeep5738

    @arghyadeep5738

    2 жыл бұрын

    @@AS-ug2vq That's a matter of concern too but Indians still prefer offline shops to purchase daily grocery items , consumer products , and bigger electronic items ... but still this warehouses are good for the development of rural and suburban areas

  • @michaelgil3224
    @michaelgil32242 жыл бұрын

    Loaded up on STAG during the pandemic and made good returns/monthly dividends. One of the best REITs for industrial warehouses IMO!

  • @zomgoose

    @zomgoose

    2 жыл бұрын

    Prologis

  • @zomgoose

    @zomgoose

    2 жыл бұрын

    STAG looks really good too. Good job on the purchase.

  • @tomaxxamot2016
    @tomaxxamot20162 жыл бұрын

    Couldn’t take my eyes off the reporters sneakers

  • @abcdefgh-rq3gq

    @abcdefgh-rq3gq

    2 жыл бұрын

    Probaby a product placement. 😂

  • @andrewbanonis
    @andrewbanonis2 жыл бұрын

    As someone who lives in the Lehigh Valley, the pictures they showed are very little compared to how much is here. Crazy stuff! (And a good video from CNBC for once!)

  • @nick-ns5uk
    @nick-ns5uk2 жыл бұрын

    This might be a good thing if these warehouse jobs were not so exploitative, or maybe its just amazon that is, idk.

  • @nathontailor1352

    @nathontailor1352

    2 жыл бұрын

    Don’t worry robot’s are coming to take those jobs, then you will whine about something else.

  • @TheBooban

    @TheBooban

    2 жыл бұрын

    Don’t be naive. Its not a good thing. You have warehouses because you have no more manufacturing and it’s all imported. Manufacturing is where the money is. You are just getting the breadcrumbs.

  • @-_-GT350

    @-_-GT350

    2 жыл бұрын

    nope there all like that soo theyll all be automated by robots with no emplyees these companys dont care about workers just money

  • @jarjarbinks6018

    @jarjarbinks6018

    2 жыл бұрын

    In my area amazons beginner warehouse pay seems quite appealing. I have heard about the working conditions not being favorable though and I wouldn’t want to support a warehouse that willingly puts its employees at risk of hurting themselves

  • @CarpeDiem13x

    @CarpeDiem13x

    2 жыл бұрын

    @Will Swift go crypto , be smart ? LOOOL ( the earth is flat, be smart )

  • @jarjarbinks6018
    @jarjarbinks60182 жыл бұрын

    I can’t say I’m against it if it brings good paying jobs, especially in regions that haven’t seen that kind of thing for a long time (the rust belt)

  • @kingjames4886

    @kingjames4886

    2 жыл бұрын

    idk what the issue is... it's a thing people want. the journalists will always find an issue with everything.

  • @kevn99

    @kevn99

    2 жыл бұрын

    Generally speaking most warehouses are non union and don’t pay very well. Not terrible but not great either.

  • @kevn99

    @kevn99

    2 жыл бұрын

    Generally speaking most warehouses are non union and don’t pay very well. Not terrible but not great either.

  • @kevn99

    @kevn99

    2 жыл бұрын

    Generally speaking most warehouses are non union and don’t pay very well. Not terrible but not great either.

  • @LAFan

    @LAFan

    2 жыл бұрын

    These are NOT good paying jobs.

  • @jimflagg4009
    @jimflagg40092 жыл бұрын

    Part of this new shipping problems is the warehouses. The prices are sky rocketing to the point where no one will keep things in a warehouse and only ship from Factory direct which mean you have to wait for your product when it is made instead of storing a stock so it can be shipped right away.

  • @qolspony
    @qolspony2 жыл бұрын

    Covid 19 gave us a wakeup call of how vulnerable we are. We had to outsource to China to supply us with needed medical suppliers. So these warehouses is not only about the consumer, it is about the public as a whole.

  • @bernardweaver2416
    @bernardweaver24162 жыл бұрын

    I bet most of these people are temp or contract workers. It's much cheaper than hiring full time, and if someone gets hurt it's the temp agency that has to pay out.

  • @NilaMatters
    @NilaMatters2 жыл бұрын

    After the Amazon warehouse collapse in Illinois after the tornado a few weeks ago; I worry for workers and their safety.

  • @dvferyance

    @dvferyance

    2 жыл бұрын

    It's why there is not a chance in the world I will buy from Amazon again. They are a corrupt company.

  • @100brucebrown
    @100brucebrown2 жыл бұрын

    Very interesting

  • @brianregan1914
    @brianregan19142 жыл бұрын

    I'm very sad to see Dutch Springs go. It would be nice to keep access to the water for diving, but the facility as a whole was a gem that holds some great memories.

  • @MrNeptunebob
    @MrNeptunebob2 жыл бұрын

    How in the world did Sears and Montgomery Ward stay in business as long as they did without these super warehouses? Especially since they sold a lot of bulky appliances and tools taking up a lot of space. Even UPS did not have as many warehouses as the ones that are being built now. Humanity got along fine without Amazon, why do we need these places?

  • @ogdriver5334

    @ogdriver5334

    2 жыл бұрын

    "Humanity got along fine without Amazon" then COVID hit. I never ordered by catalog or online until COVID. Now everything I buy comes to the door and realistically I don't see myself going back.

  • @nofacemechanic2328

    @nofacemechanic2328

    2 жыл бұрын

    Thank you someone who finally get’s it I don’t like any of this. Very sad what happened to seeing the beautiful green earth when driving on a road trip. Now it’s literally warehouses every second.

  • @MrNeptunebob

    @MrNeptunebob

    2 жыл бұрын

    @@nofacemechanic2328 I wish more people would "get it". Near where I live we are trying to fight an Amazon warehouse from being built in Churchill, a residential area outside of Pittsburgh. Best strategy might be to keep putting it off until Amazon loses interest. How did Sears get along without so many?

  • @nofacemechanic2328

    @nofacemechanic2328

    2 жыл бұрын

    @@MrNeptunebob Keep on fighting the good fight. Sears is something one Sears that was like a mega Sears you can say closed down two years ago in Houston. It then turned into a BMW dealership but that Sears been open longer then I’ve been alive I’m twenty-two. Warehouses are nothing I pray that Jesus Christ returns soon so I can see the beautiful grass on the new earth. Don’t know if your a Christian but put your belief and faith in Christ and repent and I tell you brother we’ll be looking at the wonderful outdoors from a far much better view.

  • @MrNeptunebob

    @MrNeptunebob

    2 жыл бұрын

    @@nofacemechanic2328 The place Amazon wants has a lot of outdoors, like the scuba diving place does (did). I am Catholic, so I have repented many times. People who love Amazon seems like a cult, almost like Amway. They say "I want my prime!!"

  • @Ryan.zelenski
    @Ryan.zelenski2 жыл бұрын

    I live in the Lehigh Valley.. People just need to chill out. The warehouses will come whether we like it or not

  • @genkiferal7178
    @genkiferal71782 жыл бұрын

    idk, i used to work in warehousing and they were way overbuilt - that was 15 or so years aog. But, thouse warehouse 'industrial parks' stayed mostly empty with partially finished warehouses, for over 10 years.

  • @ignaciodominguez3214
    @ignaciodominguez3214 Жыл бұрын

    warehouses provided lots of jobs but the work environment is toxic. snitching, lying, gossiping, rumors, disrespect, yelling, talking down, bad managent, standing all day, hawk eyes everywhere. it's ridiculous

  • @ColossalSwordFormAndTechnique
    @ColossalSwordFormAndTechnique2 жыл бұрын

    Wait! Listen up. Make rate every 10 seconds. No rest at all. Only when you are allowed. Managers and pg and pa will intimidate you on a day you’re not feeling good and you are slower than usual. Everyone doesn’t realy care when you are top 10 employees. If you’re too fast. You’ll be assigned to a new work station. Not just once, not just twice, not just thrice. But pretty much the faster you are, the more work they’ll give you. They don’t like it when their best fastest employees want a 1 or 3 minute breather.

  • @qolspony
    @qolspony2 жыл бұрын

    It could be why prices have gone up, because of the lack of warehouses. So besides hiring more people, it can effectively help to lower prices for the consumer.

  • @cesartorres1998
    @cesartorres19982 жыл бұрын

    My thing is while we keep growing the numbers of warehouse, our trucking retention is declining. What are we going to do to fix this? Automation?

  • @Jolly-Green-Steve
    @Jolly-Green-Steve2 жыл бұрын

    Why are the springs gonna go away? you can't build warehouses on water. just because he is gonna sell the surrounding 100 acres shouldn't mean the water park has to close.

  • @RTDice11
    @RTDice112 жыл бұрын

    I'm all for more warehousing and industrial space, I just wish they were more judicious about the locations! It's great seeing them turn dead malls and plazas into useful warehouses, not so great seeing them plop warehouses in the middle of towns where we desperately need more housing.

  • @genkiferal7178

    @genkiferal7178

    2 жыл бұрын

    the way products are kept and moved around/transported are often extremely inefficient, though. if done right, far less warehouse space would be needed. Also, may are only open 9 to 5, M- F. That is part of the ineffiency. Many are filled with products that are rarely touched - crap made for events that came and went, stuff no one wants, stuff a big co. forgets it even has. That might be 10 to 15% of all inventory in the USA. Some warehouses throw away a lot of stuff, because it is cheaper than fixing the torn plastic covering (might be unable to do that in most warehouses, so would have to be sent back to manufacturer). Also, I worked at a NJ-owned warehouse that had a HUGE number of illegals in one half of the warehouse. At night, they'd sneak into the half I worked in and steal stuff. SO, at 4 pm, our staff had to hide boxes by using forklifts to put the pallets on 2d or third section. many times, the illegals would climb to the 2nd level of racks and cut open boxes.

  • @brybryguy6314
    @brybryguy63142 жыл бұрын

    It's the future of retail. Instead of seeing big box stores or retailers or retail outlets, your just gonna see warehouses distribution centers.

  • @dvferyance

    @dvferyance

    2 жыл бұрын

    I doubt the day will ever come that retail will be all online. You really want to buy something like toothpaste online?

  • @brybryguy6314

    @brybryguy6314

    2 жыл бұрын

    @@dvferyance well. I do buy toothpast online with one day delivery. I can get 3 tubes of toothpaste for just a little more money then buying one tube.

  • @michaelhorn4540
    @michaelhorn45402 жыл бұрын

    I work for a major grocery store chain in the southeast in their distribution center and just the warehouse alone is over 1 mile long

  • @bigphillyed
    @bigphillyed2 жыл бұрын

    I have been diving at Dutch springs for years, gonna miss it.

  • @AQuietNight
    @AQuietNight2 жыл бұрын

    Housing costs have also gone up nicely in the Lehigh Valley.

  • @calcrappie8507

    @calcrappie8507

    2 жыл бұрын

    They've gone up nicely almost everywhere in the country. So have rents. California is just ahead of the game. Homeless everywhere. Homes rented out with cars spilling onto the streets for parking because very few people can afford to rent a home without lots of room mates. Since there are warehouses as far as the eye can see, there is no room to build more homes. Enjoy the money.

  • @joehodgson2815
    @joehodgson28152 жыл бұрын

    We can all do something about this: just stop buying so much cr*p that we don't need and that doesn't really make us happy.

  • @SA2004YG

    @SA2004YG

    2 жыл бұрын

    As if that will happen

  • @joehodgson2815

    @joehodgson2815

    2 жыл бұрын

    @@SA2004YG it's actually rather easy to cut back on several tonnes of co2 per person every year. Consume fewer frivolous items, cycle more, take public transport more, fly a bit less, eat less beef. We can all do our bit. It's incredibly hard to get to carbon zero, but we can all very easily reduce our co2 by a couple of tonnes each per year, which makes a gigantic difference if we all do it.

  • @SA2004YG

    @SA2004YG

    2 жыл бұрын

    @Joe Hodgson it's only easy in theory, in practice getting people to do anything is harder than going to the moon. Especially if its all people or even majority

  • @rzxkp7none275
    @rzxkp7none2752 жыл бұрын

    Great video. All they need to add is public transportation to these warehouses (jobs)

  • @JamesJ30t
    @JamesJ30t2 жыл бұрын

    @11:45 -- I figured with the closing of different malls that would balance out to some degree the need for more warehouse space.

  • @Crismodin
    @Crismodin2 жыл бұрын

    She takes trench coats to a new level.

  • @Redmanticore

    @Redmanticore

    2 жыл бұрын

    if she were a guy wearing that, people would call him a school shooter. but because its a woman, she just has awkward taste in clothing.

  • @SD-tj5dh
    @SD-tj5dh2 жыл бұрын

    A lot of jobs, but none that are going to give you any living standard.

  • @kkirschkk

    @kkirschkk

    2 жыл бұрын

    45k for a high school diploma holder is a dam good standard of living lol

  • @johnsamuel1999

    @johnsamuel1999

    2 жыл бұрын

    if you don’t have a college degree , then it’s a decent job with decent living standards

  • @kkirschkk

    @kkirschkk

    2 жыл бұрын

    @@johnsamuel1999 I mean you can live on 45k in most places, so ya when the average high school degree holder makes half of that its good

  • @aphantasiagreyman8445

    @aphantasiagreyman8445

    2 жыл бұрын

    No one gives you a living standard, you work for it by making yourself more valuable. Where did we lose this concept?

  • @LAFan

    @LAFan

    2 жыл бұрын

    These jobs do not pay well. $14 an/hr. 😂

  • @scotthammond3230
    @scotthammond32302 жыл бұрын

    In the warehouse replacement parts business. We cant keep up with demand, growth is crazy.

  • @GarrickPinon
    @GarrickPinon2 жыл бұрын

    Fascinating.

  • @englishbest
    @englishbest2 жыл бұрын

    Consumerism has been pushing the ecosystems of our planet to their limits and the US has by far the highest waste of natural resources per capita as well as the highest CO2 footprint per capita. Your obession to consume and waste energy is killing us.

  • @kkirschkk

    @kkirschkk

    2 жыл бұрын

    I mean the US doesnt have the highest by far, for wasted natural resources look towards China, and our CO2 foot print has been falling for years verses China's and India's

  • @TheBooban

    @TheBooban

    2 жыл бұрын

    Yes, but before that, population. Go covid!

  • @Redmanticore

    @Redmanticore

    2 жыл бұрын

    US has by far the highest waste of natural resources per capita canada is number #7 as a first western country, its because canada is cold country, they need to heat their houses a lot and long.

  • @neilpuckett359
    @neilpuckett3592 жыл бұрын

    I drive long distance and I see the huge warehouses going up everywhere,for storage of made in China crap. I haven't seen one manufacturing facility being built.

  • @jo-vf8jx

    @jo-vf8jx

    2 жыл бұрын

    The small city I live in is building a lot of warehouses and tearing down a lot of wildlife habitats to make room for more businesses that some of the “ new” shops being built can be found in the next city 10-15 minutes away.

  • @mandisaw

    @mandisaw

    2 жыл бұрын

    That's partly because manufacturing requires trained, drug-free workers who will stick around for several years. Many are still covered under a union, so it's mostly FT/benefits (though it's iffy in "right to work" States). Lot of capital investment in machinery and infrastructure (electrical, transport, etc). Warehouses are comparatively cheap to put up & lease out, and the business is reliable - no matter what the actual products are, the landlord still gets paid. We're only gonna see manufacturing jobs in the States if Americans decide they want to start those businesses, *and* if it costs as much to hire overseas + shipping costs, as hiring workers here. Even then, a lot of it is already getting automated, so I don't know if most mfg is ever coming back.

  • @DM-cg7mw
    @DM-cg7mw2 жыл бұрын

    One hotel/convention property in Las Vegas has a cool million sqf of mostly empty convention space under roof. Will conventions be back? One has to wonder...

  • @calihiker7980
    @calihiker79802 жыл бұрын

    Y’all should see the Central Valley of Cali east of the Bay Area… nothing but warehouses and orchards that are probably going to become warehouses

  • @friedeswide
    @friedeswide2 жыл бұрын

    Online shopping is become bs. Just replacing malls and lowering our quality of life

  • @jthalheimer137
    @jthalheimer1372 жыл бұрын

    Retailers are excelerating going online. More difficult to loot the web.

  • @scotttaylor8498
    @scotttaylor84982 жыл бұрын

    I deliver parts all day long for vehicles and I'm in a small pickup the amount of semis with logistics on the back of their truck is incredible there are thousands and thousands and thousands of trucks out there hauling freight from Warehouse to Warehouse and there's a shortage it's weird how that works

  • @vernonbowling5310
    @vernonbowling53102 жыл бұрын

    There is good argument on both sides of this issue. Highrise warehouses perhaps?

  • @cyberlux
    @cyberlux2 жыл бұрын

    You refer to warehouses as “industrial” space. They’re not. They’re “post/industrial” space; a symptom of the short-sighted and ill-advised outsourcing boom of the ‘90s and ‘00s. Every one of these warehouses is another Chinese beachhead in our domestic economy.

  • @chrisfrisch1347

    @chrisfrisch1347

    2 жыл бұрын

    absolutely, why are we not building manufacturing facilities instead? because companies can pay asians pennies on the usd and force them to work 7 days a week 12 hrs a day

  • @Seedcadets
    @Seedcadets2 жыл бұрын

    “Affordable area”, yeah right lol 😂. When stuff like this happens it no longer becomes “affordable”.

  • @DaneRates
    @DaneRates2 жыл бұрын

    Started building this new more modern style warehousing Facilities in the late 70s -early 80s with easy access to the majors highways. A article on who influenced and innovative this system of sutigitly demographically place wear houses would be interesting.

  • @JamesSmith-pc6bh
    @JamesSmith-pc6bh2 жыл бұрын

    The problem with this is, we are warehousing other countries goods instead of building factories to produce our own.

  • @communistpootisbirb

    @communistpootisbirb

    2 жыл бұрын

    Factories introduce air pollution and still need a place to store product. No thanks.

  • @Subjectiveopinion.
    @Subjectiveopinion.2 жыл бұрын

    Man we need manufacturing back so we are not so dependent on countries who hate us for products we as nation need.

  • @victoriancu7358

    @victoriancu7358

    2 жыл бұрын

    Its hard, because some products just simply can't be made in the usa. The US just doesn't have the raw materials or specialized machines to produce it here. This is why trade exists.

  • @Rootkit_69

    @Rootkit_69

    2 жыл бұрын

    Like what? What products?

  • @victoriancu7358

    @victoriancu7358

    2 жыл бұрын

    @@Rootkit_69 l Natural paint brushes use pig hair for the bristles. The special breed of pig used to get these hairs are farmed in China. China is a very big consumer of pig products, so they harvest the hair as a raw material for to make brushes for trade.

  • @ft7126
    @ft71262 жыл бұрын

    The warehouses brought jobs, sure but it also brought in more people than the cities and townships can handle. Too many people caused rents and house prices to rise beyond being affordable. We desperately need new home construction and road Expansion. Commuting anywhere is completely abysmal. Especially since the new people are not from here so they don't care how they drive. Stoplights and stop signs don't matter to these people. Deaths from crashes or road rage are on the rise. Trucks are everywhere, especially where they're not supposed to be. Too much property damage from new truck drivers with sh*t experience. Stress is on the rise. I can go on and on about how bad this overbuilding of warehouses has made it living here.

  • @binarysignals9593

    @binarysignals9593

    2 жыл бұрын

    Isn't capitalism great!

  • @sirpieman300

    @sirpieman300

    2 жыл бұрын

    just build more public transportation, rails, bus's etc

  • @luketongs
    @luketongs2 жыл бұрын

    Whoever this girl is that talks on these pieces, please don’t let her go. She nails it.

  • @googleuser868
    @googleuser8682 жыл бұрын

    The best thing about this is more products readily available at lower prices and free shipping. If I am familiar with the product and don't need it in a hurry it is becoming my choice way to buy higher ticket items. I can save over $100 on a single item sometimes or get items not readily available locally. Know what your buying and it works pretty good. No way I would order groceries for fear of getting almost stale or poor quality items.

  • @FinancialShinanigan
    @FinancialShinanigan2 жыл бұрын

    As long as the warehouse helps the local economy, that's great news.

  • @tommash.r.2606
    @tommash.r.26062 жыл бұрын

    Make it a requirement for all new industrial/commercial space to have solar planels on them if possible!

  • @SomeUserNameBlahBlah

    @SomeUserNameBlahBlah

    2 жыл бұрын

    You won't get much use out of them in PA.

  • @matthew8153

    @matthew8153

    2 жыл бұрын

    What a way to waist recourses and increase energy prices.

  • @Redmanticore

    @Redmanticore

    2 жыл бұрын

    i am not sure if i would recommend it. right now, they are expensive, not that efficient, expensive to replace once broken in a natural disaster or just on an extraordinarily windy day. maybe rather increase nuclear power, until uranium, plutonium, thorium runs out in about 100-150 years. after nuclear power runs out, then solar panels have advanced enough in technology to be efficient.

  • @ahmedshahab4105
    @ahmedshahab41052 жыл бұрын

    Mr. Schooley is such a sweet man. May he live long and happy.

  • @ruthlessmofo

    @ruthlessmofo

    2 жыл бұрын

    He doesn't really have much time lol

  • @ThomasDiy
    @ThomasDiy2 жыл бұрын

    The biggest issues regarding warehouse is his most small town Fire departments. Don't have the capability to deal with warehouse fires. Considering warehouse are built extremely cheaply. They are essentially deathtraps.

  • @rosemarierobuck9474
    @rosemarierobuck94742 жыл бұрын

    Why are they not putting solar panels on all those acres of roof?! Looks like a missed opportunity!

  • @davidanalyst671

    @davidanalyst671

    2 жыл бұрын

    solar panels only really make sense if your state is pushing electricity prices up like California does

  • @oldtwinsna8347

    @oldtwinsna8347

    2 жыл бұрын

    because the idea is to lower prices on items, not raise them just to benefit corporate social welfare, which is what solar is.

  • @mebfab2239
    @mebfab22392 жыл бұрын

    You would think some of these dead malls and empty big box stores could get used. Also if you ran rail lines directly into the warehouses you wouldn't need as many trucks clogging the roads. Side note, how many of these warehouse sites where forests and farms? In other words where are the wild things going to live and where are we going to grow food?

  • @missdeeva2266

    @missdeeva2266

    2 жыл бұрын

    And that should concern us all! Where are we going to grow our food because these warehouses our built on farmland!

  • @remybeleno5816
    @remybeleno58162 жыл бұрын

    Thanks I don’t have ideas wonderful god blessed

  • @patrickthurs5342
    @patrickthurs53422 жыл бұрын

    Just a few years ago they where pushing lean manufacturing. No warehousing of product, that just does not work.

  • @johnf6687
    @johnf66872 жыл бұрын

    Some of these officials did receive money from developers that’s a fact

  • @johniii8147

    @johniii8147

    2 жыл бұрын

    They tend to give out far more of the taxpayer money in tax breaks in the name of new jobs.

  • @Erik-Vadee-Veechee
    @Erik-Vadee-Veechee2 жыл бұрын

    Keep them warehouses coming America it helps me and the team of Construction workers busy. I've built nothing but warehouses for a few years now and appreciate how this trickles down to my well being. I see no reason to switch things up and the workforce it contributes to is A TON of different industries not even recognized or spoke about. Keep US busy! 🇺🇸

  • @johndorilag4129
    @johndorilag41292 жыл бұрын

    America is an import and consumer economy. China and many countries in Asia are manufacturing and exporting economies.

  • @harrybryan9633
    @harrybryan96332 жыл бұрын

    It is a follow on to the death of "just in time" inventory. JIT only works if every part of the shipping industry works perfectly.