Companies nationwide are facing a shortage of warehouse space – a challenge that can result in problems throughout the entire supply chain. Growing businesses need reliable warehouse space to support their inventory needs. Yet available square footage is dwindling even as e-commerce continues to expand.
Exegistics, a veteran-owned (VOSB) industry leader in 3rd party logistics (3PL), supply chain, and operational staffing, has recently expanded its warehouse space in the Chicago, Dallas, and Southern Indiana markets. The company already provides flexible warehousing and distribution management solutions for clients ranging from mid-sized organizations to Fortune 50 companies. This expansion in four markets will allow Exegistics to accommodate long or short-term regional warehousing needs for diverse clients including subscription fulfillment and direct response fulfillment (DRTV).
“In the U.S., it’s increasingly more competitive to find available warehousing real estate,” said Stephen Olds, Founder and CEO of Exegistics. “Industrial real estate availability has been plummeting for years. In Q4 of 2018, it dropped to the lowest level since 2000. Business leaders need space that can meet their demands, and Exegistics is ready to rise to that challenge.”
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