U.S. companies are so inundated with inventory that some are renting truck trailers to use for storage space, parking them on warehouse lots or behind storefronts to hold goods until a surge in imports is cleared from crowded distribution hubs.
As The Wall Street Journal reports, transportation equipment lessor Milestone Equipment Holdings launched a “mobile warehousing and storage” business this year to accommodate more customers seeking trailers to hold goods, many of them pulled in from China during 2018 to get ahead of impending tariffs.
The company says Home Depot is among several major retailers and manufacturers using the service.
“It’s like a warehouse on wheels,” says Sarah Johnson, who heads up the new mobile storage business at Milestone. “We now think about our trailers as more of a real estate alternative than just a trailer.” Read the full story.