By Zach Smith, Research Intern and James Flick, Vice President, Research and Marketing
Shortly after the Top 10 Drivers of Industrial Real Estate Development: Panamax article was posted, I stumbled across an appropriate article in the Real Estate Issues, published by the Counselors of Real Estate. The article, submitted by K.C. Conway, covers the major issues and opportunities facing the Panama Canal’s expansion and its effect on real estate in the U.S. In particular, Conway writes about the key information being given to select markets, including Cincinnati.
In July 2012, the Department of Agriculture first started producing the Ocean Shipping Container Availability Report (OSCAR). This report gives detailed statistics for distributors and logistics companies to better handle valuable information associated with container movement across the United States. The OSCAR provides future data of containers for an advanced three week period, giving logistics companies an idea of freight moving across the particular cities at any given time, as well as future movement. This will allow them to better prepare for peak seasons and keep their product moving effectively from the ports to the inland. There are 18 cities selected to receive these reports; the criteria to be selected as an OSCAR city include: