In some respects logistics is one of the most inefficient activities in the world. There. I said it. And yes, there is also a lot of efficiency, but not when it comes to assets. Warehouses are built, bought, and leased based on peak level need. Outside of the peak demand period, large parts of these warehouses are empty and unused. And trucks. In Europe more than 25% of the trucks driver around empty. But I’m saving the trucks for later. This post is about warehouses.