• Port volumes rebounded in 2024 as shippers pulled freight forward due to labor strikes and tariff concerns.

• Cargo rerouted amid disruptions from work stoppages, extreme weather, and infrastructure failures.

• Rising vacancy rates, especially in emerging markets, as overcapacity pushes rents down.

• Shifting trade patterns driven by policy changes and climate-related disruptions.

• Industrial real estate near key ports faces volatility, with growing gaps between core and secondary markets.

The full report dives into market-level trends, infrastructure capacity, and the evolving risks and opportunities across North America’s 15 busiest ports.