Logistics real estate investment trust Prologis Inc. announced Thursday that it is expanding its training program to meet the growing need for logistics workers.
Through its Community Workforce Initiative (CWI), the San Francisco-based industrial warehouse operator is adding six sites to the training program: Dallas, Chicago, Las Vegas, Atlanta, and Tracy and Long Beach, California.
Through a partnership with JFF, a nonprofit organization for the workforce and education systems, the expansion will allow Prologis (NYSE: PLD) to train an additional 10,000 people for careers in transportation, distribution and logistics over the next two years.
The Prologis CWI, created in 2018, announced last year its commitment to train 25,000 people in logistics professions by 2025. So far, the program has trained 7,000 people.
Prologis plans to add nine more sites in âkey logistics marketsâ by the end of the year.
âThe needs of our customers for a skilled and ready workforce are more important than ever,â said Hamid Moghadam, President and CEO of Prologis.
The growing demand for e-commerce and the construction of the infrastructure needed to meet it has resulted in an unprecedented low for vacant homes. While the demand for logistics properties is tight, the need for skilled workers is even greater.
The press release cites data showing that employment in the distribution and logistics sectors is expected to increase by 29% (from 2019 to 2022) to a total of 1.62 million. Some 735,000 workers are expected to be added to the broader transportation and warehousing category by 2031.
âHelping people acquire sought-after skills that can translate into fulfilling careers in logistics is a benefit for workers, employers and communities,â Moghadam continued. âBeyond creating new career opportunities, the program will strengthen the communities in which we operate and contribute to a resilient and healthy logistics industry for years to come. “
The CWI provides training and placement for workers. The online training platform teaches core workforce skills as well as best practices used across the industry. The initiative also offers a supply chain warehousing certification program.
âCOVID has had a huge impact on the job market, and industry-developed training programs like Prologis CWI offer tangible opportunities to acquire skills that match immediate job openings,â said Nick Schultz, Executive Director of Pacific Gateway Workforce Innovation Network. âWe have seen the positive impact that the Virtual Education, Professional Certification and Full Service program can have on people’s lives. “
Prologis Ventures is an investor in FreightWaves.
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