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The Indicator from Planet Money

Full (ware)house

The Indicator from Planet Money

NPR

Business

4.79.5K Ratings

🗓️ 4 January 2022

⏱️ 10 minutes

🧾️ Download transcript

Summary

Although there are more warehouses in the U.S. than ever before, these warehouses are running out of space. Today on the show, we go behind the scenes into the warehousing world to understand why warehouses are running out of space.

Transcript

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0:00.0

NPR.

0:03.0

This is the indigate from Planet MONEY I'm Darien Woods.

0:14.0

And I'm here with NPR Business correspondent Alina Seljuk.

0:17.0

Hey Alina.

0:18.0

Hello.

0:19.0

You're here to take us on the world's most industrial adventure ride I hear.

0:23.0

I am calling it warehousing world.

0:26.0

Fantastic.

0:28.0

I hear it.

0:30.0

You're the sound of a seed bug clicking on an I don't know forklift maybe.

0:35.0

I guess we're writing a forklift today.

0:37.0

Yep, yep, yep.

0:38.0

So put on your ear flags.

0:40.0

We are going on one of Disney's loudest and most juttering theme park rides.

0:45.0

There are shelves and conveyor belts and robots and literally everything you've ever bought in your life, Darien.

0:52.0

Your computer, your phone, your desk, your carpet, the ceiling tiles.

0:56.0

That's Doug Kiersee.

0:58.0

He's the president of Germany properties which owns warehouses used by some of the country's largest retailers.

1:04.0

It all came out of the greater distribution network.

1:08.0

Or not coming out these days I guess.

1:10.0

It's not coming out as quickly as we would like, is.

1:13.0

The supply chain crisis.

...

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