Is Warehouse Demand Shrinking?

On June 22nd the Journal of Commerce (JOC) published an article titled "Long-awaited US inventory drawdown spotted" where they state in the first sentence, "Lower US inventories would be a boon from coastal ports to heartland highways". The notable exception to such a boon, as they cite in the next paragraph of the article, is in warehousing demand. If US inventories are reduced we would expect warehouse demand to be reduced as well. However, economic indicators do not support such a drawdown at this time.