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May 26, 2014

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Page 24 of 99 THE JOURNAL OF COMMERCE 23 TOP 100 IMPORTERS AND EXPORTERS By Greg Knowler @rupertport | RESPONSIVE. The Port of Prince Rupert has a proven ability to listen and respond to shippers' unique needs. Visit us at RILA in booth 410 to learn more about the advantages of North America's fastest-growing container gateway. JoC half-page ad Jan 22, 2014.indd 1 1/22/2014 8:48:53 PM Taxes China's Warehouse Space New facilities are coming, but their location near primary hubs exposes a big logistics challenge: a population on the move THE R APID GROWTH in China's e-com- merce ma rket is exposing a n acute shortage of quality warehouse and dis- tribution center space that developers and governments are rushing to address. Existing international quality logistics stock, including that in Tier 1 cities such as Shanghai, totaled only 140 million square feet, barely equivalent to the warehous- ing stock of Boston, Stuart Ross, head of industrial real estate in China for Jones Lang Lasalle, said in a recent report. Sixty percent of that stock was in Tier 1 cities, E-Commerce Boom

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