Recently, President and CEO Darrel Lyell was interviewed for the publication, The Lane
Report about the booming demand in the global logistic sector and how this demand is outpacing access to manpower.
Darrel shared the following:
“The past year has been absolutely wonderful for us,” he said. “Over the past year we’ve seen an increase in business, so it’s been a blessing.”
IPS, which has a presence at the Port of Cincinnati, handles about 30,000 parcels weekly, according to its website, and has more than 100,000 e-commerce customers. Its East Coast location is in Ford, N.J., with international partnership locations in Ireland, London and Hong Kong."
“E-commerce orders have increased,” Lyell said. “A lot of those age groups who weren’t as familiar with ordering products online learned over the pandemic how to do that. Now that they understand how much easier that is, I think e-commerce is going to continue exploding.”
About The Lane Report:
Commercial real estate specialist Ed Lane began producing a fact sheet about the Lexington area in 1985 in response to requests from commercial site selectors for analytics about the dynamic and growing metro area.
The Lane Report grew from three issues the first year to six issues the following year. By the third year, The Lane Report had expanded to become a monthly magazine covering business news across the Central Kentucky region. In the late 1990s, Lane decided to take the magazine statewide, making The Lane Report the only publication in Kentucky to cover business news throughout the commonwealth – a distinction that remains to this day.
The Lane Report is proud to have served Kentucky’s business community for 35 years and looks forward to being there to report the latest in economic trends and developments for many more years to come.