Logistics RE Firm Elion Joins Government Supply Chain Initiative
Elion Partners, a logistics real estate investment management firm, joined the US federal government’s Freight Logistics Optimization Works (FLOW) initiative to increase transparency and improve the flow of goods across the global supply chain.
Miami-based Elion is the second logistics real estate participant to join the FLOW initiative, a significant step in leveraging real estate assets to improve supply chain operations.
“As a logistics real estate specialist, Elion’s national portfolio of first and last-mile assets plays a unique and pivotal role in the global supply chain,” said Michael Stellino, senior managing director at Elion.
FLOW is an information and data-sharing initiative of the government’s Supply Chain Disruptions Task Force. The task force intends to pilot freight information exchange in response to supply chain transparency and vulnerabilities exposed and heightened during the pandemic.
Less than 60 participating public-private organizations are working with the government to develop a beta, proof-of-concept tool to ease supply chain congestion, speed up the movement of goods, and ultimately benefit end consumers through lower costs and shorter wait times.
