Ecommerce reshaping logistics industry, facilities
The factors contributing to growth in logistics facilities are primarily centred around ecommerce, as smaller companies continue adopting ecommerce and delivery in addition to larger companies and, with demand from smaller companies expected to continue, this will continue to drive growth into the foreseeable future, said logistics parks property company Inospace founder and CEO Rael Levitt. South Africa is in the early stages of adoption and will see further growth as online retail grows, as companies adopt new technologies and as the country's delivery economy grows, he said during a talk hosted by JSE-listed real estate investment trust Fortress REIT on September 28.