January 17th, 2019
Area Development Online


The Changing Face of Distribution - Cushman & Wakefield

Transportation represents roughly 50% of total logistics costs. Motorway congestion, increasing regulations for CO2 emissions, congestion, labour shortages are already contributing to higher costs and inefficiencies. More »

How Shifting Costs Are Altering the Math of Global Manufacturing - BCG

A less-noticed change in the global business environment also has important implications for where the world’s goods are produced: a significant shift in the relative cost competitiveness of the world’s leading manufacturing economies. More »

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Trump Promises New Rules for Skilled-Worker Visas Soon - WSJ

President says changes could create a potential path to citizenship for H1-B visa holders. More »

Amazon chose two locations for its new headquarters. Now, we go explore them. - The Washington Post

Before mid-November, Long Island City and Crystal City were never on the same page, much less uttered in the same sentence. Though both destinations are on the East Coast (New York and Virginia, respectively) and within shouting distance of a major metropolitan center, they had little else in common. More »

Google to Lease Office Space in a Los Angeles Mall - WSJ

Search giant to move into space at Westside Pavilion, which will be redeveloped into 584,000 square-foot office campus. More »

Warehouses Test a New Breed of AI Robots - WSJ

XPO Logistics, Rakuten are among companies rolling out automation to boost productivity, increasing human-machine collaboration More »

New Jersey Governor Calls for Ending State’s Current Corporate Tax Incentives - WSJ

Audit finds economic development agency wasn’t able to accurately track whether tax-credits created promised jobs More »

Fortnite Skins Are Key to the Future of Global Trade - Bloomberg

Huge multiplayer games are true economic exchanges, but persuading governments to let data flow freely may be the ultimate battle royale. More »

HQ 2.0: The Next-Generation Corporate Center - Strategy+Business

Major companies are transforming their core and rethinking their functions. More »

The Technology 202: Technology companies turn to apprenticeships in tight labor market - The Washington Post

Seventeen companies, including IBM, Ford, Canon, Sprint, Postmates and Bosch, have committed to expand apprenticeships to thousands of workers across 20 states to help fill a shortage of trained tech talent. More »

Tech Talkin’ Govs 2019, part 1: Governors unveil broadband, workforce, and research proposals to build economies - SSTI

With 36 governors being sworn in following the November elections, 20 of those being new faces and 16 who were re-elected, this year’s inaugural and state of the state addresses promise new ideas along with proposed resolutions to existing challenges. As the governors present their plans to constituents, SSTI revisits our Tech Talkin’ Govs series. The first round of addresses presented here reveals new initiatives in education and building the workforce in Idaho, green energy initiatives in Maine, collaboration in Massachusetts, the largest economic investment in workforce in the state’s history in New Hampshire, and more. More »

CFO Signals: Tariff and Gridlock Expectations Stoke Recession Fears - Deloitte US

This quarter’s findings show that CFOs’ views are heavily influenced by their perceptions of election outcomes. More »

China hushes up scheme to recruit overseas scientists - Financial Times

US has become increasingly suspicious of China’s Thousand Talents Programme. More »

As Millennials ‘Buy Everything Online,’ Truckers Reap Riches - Bloomberg

The market for so-called last-mile deliveries amounted to $8.9 billion in 2018, up about 10 percent from the previous year, said Satish Jindel, founder of SJ Consulting Group. More »

Seattle City Council Members Visit NYC to Warn on Amazon HQ2 - Bloomberg

Two politicians from Amazon.com Inc.’s hometown traveled across the country to New York to deliver a cautionary message about the company’s expansion in the city. More »

Canada Says, ‘Give Me Your MBAs, Your Entrepreneurs’ - Bloomberg

In August, there were about 570,000 international students in Canada, a 60 percent jump from three years ago. That surge is helping power the biggest increase in international immigration in more than a century. The country took in 425,000 people in the 12 months through September, boosting population growth to a three-decade high of 1.4 percent, the fastest pace in the Group of Seven club of industrialized nations. More »

Led by Cult Bourbons, Distillers Dream of a ‘Napa-fication’ of Kentucky - The New York Times

For Kentucky, the bourbon industry’s rapid change in fortune — and its transformative effects on the state economy — is something many still find overwhelming. More »

Swamped With Inventory, U.S. Companies Turn to ‘Mobile Storage’ - WSJ

Truck trailers increasingly are being parked to hold goods as warehouses, logistics networks overflow. More »

The economy is booming, but Americans still aren't moving - Axios

Economic opportunity isn't enough to get people moving anymore. And less mobility could mean the wealthy areas of the U.S. continue to accumulate wealth, while the poorer areas will remain poor because people are less likely to move for better jobs and companies are less likely to move for cheaper labor. More »

Trade war hangs over new MBTA subway cars - The Boston Globe

The Chinese company building subway cars for the MBTA hosted a ceremony Tuesday to celebrate the completion of the new Orange Line vehicles at its factory in Western Massachusetts, as it lobbies the Trump administration for a break from the tariffs in the two countries’ ongoing trade war. More »

How Tech Market Makers Build Value - strategy+business

The fact is, a large R&D budget doesn’t always translate into big investments in innovation and new markets. In many organizations, most R&D is aimed at adding incremental features to existing products or portfolios. The funds for creating new markets, often shunted into a special projects category, are typically far too small to move the needle. Market makers set their R&D priorities differently. More »

This startup lets manufacturing companies hire skilled workers on demand - Built In Chicago

Finding skilled talent in the tech world isn’t easy. Turns out, it’s a major problem for the manufacturing industry as well. More »

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