Transportation hub investors take note: A major disruption could be in the offing for traditional logistics real estate development in the form of autonomous freight drones and other advanced air mobility passenger concepts. If the emerging trend comes to fruition, it will decentralize freight delivery and passenger travel, as well as land use around major airports.
Historically, logistics real estate clustered heavily around major international and regional airports, creating multimodal shipping hubs to minimize transit times, reduce handling costs, and provide direct access to global flight networks. This allowed freight forwarders, trucking companies, just-in-time delivery concepts and third-party logistics providers to seamlessly transfer time-sensitive cargo between air carriers and ground transport.
The impact could be comparable to past transportation disruptions, such as when air freight replaced “middle mile” river barge transportation, and when trucks b