uTenant Market Research Report
Company Overview
- Name: uTenant
- Mission: To make warehouse sourcing simple and provide transparent digital and physical supply chain solutions.
- Founding Information: No information is available about the exact founding date.
- Founder: Matt Sampson
- Key People: Matt Sampson assembled a diverse team of global supply chain and technology experts.
- Headquarters: No information is available.
- Number of Employees: No information is available.
- Revenue of the Company: In excess of 10 million+ 3PL revenue generated.
- Company Known For: The company's on-demand warehousing platform that connects those in need of warehouse space with logistics providers and industrial landlords.
Products
- Storage & 3PL Matching
- Description: Platform to find short or long-term warehouse space solutions.
- Key Features:
- Match the right warehouse location.
- Ability to include additional logistics services.
- Supports with 3PL tenders.
- Supply Chain Solutions
- Description: Services that create long-lasting strategies to withstand disruption in supply chains.
- Key Features:
- Strategic Network Design.
- DC Design.
- Operational management.
- Process mapping.
- Logistics sourcing.
- Property Matching
- Description: Platform to directly connect tenants and industrial landlords.
- Key Features:
- Comprehensive industrial property network.
- Custom property matching based on specific requirements.
- No need for third party agents.
Recent Developments
- 3PL Market Roundup – Q3 2024
- New Developments: The National median storage rate increased to $4.35 from $4.00 in Q2 2024.
- Market Insights: Storage rates have begun to rebound after a slow first half-year, with considerable available storage space.
- Sustainability Initiatives
- New Regulations: Mandatory climate-related reporting to begin in January 2025, leading to increased supply chain transparency and accountability.
- Industrial Warehouses
- New Features: Warehouses are being constructed with higher clearances for greater cubic capacity.
- Partner Collaboration
- JLL Partnership: Collaboration with JLL provides enhanced industrial property matching for tenants and landlords.
- Sector Contributions
- uTenant has been a significant partner in Maersk's industrial property portfolio advancement by sourcing new warehouse spaces.
Additional Observations
- Warehousing & Supply Chain Challenges: The company has emphasized the critical role of logistics team resilience in coping with increasing complexity within supply chains.
- Options for Businesses: uTenant offers insights and strategies, such as subleasing underutilized spaces, to optimize warehouse operations and costs.
_No other specific new product launches or partnerships were identified in the provided data._