Fremont forced a warehouse to develop in the middle of a commercial overvoltage focused on prices
Business is booming for a business in the Bay region after the Trump administration has increased prices in all areas last month and intensified the trade war with China.
Part of the supply chain which generally goes unnoticed has suddenly became extremely precious in a very different economic climate.
Francisco Garcia is the founder of Lynx Logistics, a high -tech safety warehouse in Fremont.
This fenced section, a customs warehouse and American border protection, where goods can be stored without paying prices until they are withdrawn, is hot goods.
“The demand is so high, we continue to develop,” said Garcia.
While containers from all over the world are heading towards the ports along the west coast and are finally transported by truck to warehouses, Garcia is able to extend its already existing glued warehouse.
“At that time next week, it will be filled at the rim,” said Garcia.
The elevating truck operators quickly move the inventory to make more space for expansion.
Lynx says it was approved by American customs to triple its space glued to 15,000 square feet.
“We are installing new racks. We are going to quadruple customs linked to customs to trample,” said Garcia.
Importers generally use glued warehouses to bring goods from one country before shipping them to another country, without paying prices.
But the current commercial environment changes the way these spaces are now used.
Shane Salazar is CEO of Lynx Logistics
“This allows companies to stretch their money in terms of not paying for the entire shipping at the US customs entrance and to pay while they touch it to take a box or a palette,” said Salazar.
Industrial property broker Danny Reauau de JLL, a real estate and investment management company, said that surveys for bonded spaces have gone from 1 to 2 calls in a typical 30-day period, to much more than 100 after the announcement of the so-called Liberation Day of Trump.
“Everyone through the supply chain is trying to bring their inventory here, in the United States, on the west coast market, and to protect them from these prices, in anticipation that during the next 30 to 90 days, this will be understood,” said Reaume.
Until it happens, Garcia and her team work hard.
“These are moments loaded on the phone and by e-mail. It's very little sleep lately,” said Garcia.
It is an unforeseen commercial opportunity for an expanding company like its own.
The stuck installations must meet the specific customs safety requirements and the protection of American borders.
Operating costs are higher, in particular the payment of customs bond premiums.
Reauau says that the unrelated warehouse market is extremely silent because shipments for American ports have decreased considerably.
But companies that need nearby inventory are leaping in any available space.
