Prologis Pledges to Train 25,000 Individuals for In-Demand Logistics Jobs by 2025

SAN FRANCISCO (August 19, 2020) – Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, today announced it will expand its Prologis Community Workforce Initiative (CWI) to equip 25,000 individuals with the necessary skills for jobs in transportation, distribution and logistics by the end of 2025. In partnership with JFF, a national nonprofit that drives transformation in the American workforce and education systems, Prologis will build a talent pipeline for its customers, with an emphasis on revitalizing career pathways and creating economic opportunity in the communities where it operates.

Prologis CWI will focus on two key areas:

Online training platform and logistics curriculum

• Prologis and JFF have designed a digital learning and development program to build competencies for today’s logistics workforce. Developed over the past year, the online program addresses basic workforce skills, lean principles and logistics-specific training in areas such as workplace safety and forklift operation. The courses incorporate the latest technologies, including virtual reality tools, and can be accessed at the student’s convenience using a computer or mobile device (with only a browser required).
  
  As part of the online training platform, Prologis is creating an industry-driven certification that will help more people begin their careers in logistics and serve as a standard for core skills in the transportation and distribution sectors.
  
  Training materials have been developed with the input of Prologis customers and can be customized to fit a company’s specific needs. The platform has been in trial with several customers, including GEODIS and NFI Industries, as well as community partners.

Partnerships with community-based organizations

• Utilizing JFF’s expertise as a nonprofit intermediary dedicated to strengthening education and workforce development systems, Prologis will provide funding to community-based organizations, community colleges and workforce development boards. These organizations will engage jobseekers through online training resources, connect them with regional employment opportunities and provide additional career guidance, coaching and support services to foster their success as the next generation of logistics talent.

The partnerships will begin in Miami, FL; Chicago, IL; Dallas, TX; Tracy, CA; Long Beach, CA; and Philadelphia, PA – regions with a significant and growing presence of logistics companies and corresponding demand for talent. Additional expansion to other cities is planned for 2021.

The need for skilled logistics workers has never been greater, particularly as warehousing and logistics operators strive to meet demand driven by consumers shopping online. According to the U.S. Bureau of Labor Statistics, 13 million people in the U.S. were employed in the transportation and logistics industry in 2019. Transportation, warehousing and related fields are projected to add 600,000 new jobs by 2026. In Prologis’ own customer surveys, companies have indicated that labor is a top concern.

Launched in 2018, Prologis CWI was created as an extension of the company’s commitment to deliver superior customer service while strengthening local communities. It has established partnerships in seven markets in the U.S. and Mexico.

For more information about Prologis CWI, please visit www.prologis.com/cwi.

CONTACTS

• Investors: Tracy Ward, +1 415 733 9565, tward@prologis.com
• Media: Melissa Sachs, +1 415 733 9597, msachs@prologis.com