Port strikes will benefit my industry, CEO Says

By Newsweek | Oct 2, 2024 at 05:55 AM EST

Prologis CEO, Hamid Moghadam, anticipates increased demand for warehousing due to ongoing port strikes, despite concerns over economic impact and disruptions to supply chains. The strikes are expected to have a positive short-term effect on his business but may not be beneficial in the long run.

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