Today, WarehouseQuote launches the Q3’ 2023 Warehouse Pricing Index, (WPI), with national, regional, and division level warehousing insights surrounding the current costs for outsourced inventory management.
National storage costs have increased 9 percent year-over-year, according to the Q3’ 2023 warehouse pricing report. Prices remain elevated as capacity expands and inventory levels begin to stabilize across the majority of sectors.
“As capacity has become more generally available, warehouse pricing has remained elevated and consistent with 8 to 10 percent year-over-year increases over the last few quarters, nationally.” - Director of Marketing, Jacob Roseburrough
The Q3’ 2023 report also includes comprehensive insights from C.H. Robinson and S&P Global Market Intelligence. In addition, WarehouseQuote offers their perspective on the 3PL industry and future projections for the remainder of 2023.
Logistics and supply chain professionals can sign up for monthly market updates to receive Warehouse Pricing Index insights and stay ahead of today’s dynamic supply chain landscape.
WarehouseQuote is an managed warehousing solution helping middle market and enterprise businesses scale their warehouse operations with precision. Our agile warehouse network of 250+ facilities, logistics expertise, and integrated technology platform enable businesses to design efficient fulfillment networks connected by a single technology platform. Hundreds of B2B and B2C businesses use WarehouseQuote to scale, streamline, and optimize their warehouse operations.