Logistics Market Snapshot – April 2015 Edition

As recurring visitors may have noticed, I have been working on a new look for LogisticsMatter.com. It took me some more time then I thought it would, with the result that some posts have been in my draft section for too long. This is one of them, so let get to it fast:

Each month the Georgia Center of Innovation for Logistics publishes a Logistics Market Snapshot with key Logistics and Supply Chain figures and statistics. Included are several Multimodal, Trucking, Rail, Air, and Ocean Freight Indexes, Industrial Vacancy and Rent Rates and general economic indexes. Please find some statistics below, or click the image to download the full snapshot.

[ CLICK IMAGE TO DOWNLOAD ]
Employment in the Transportation and Warehousing industry increased by 9.5% in March 2015. Year-over-year, the industry saw a 3.5% increase. (Source: U.S. Bureau of Labor Statistics)
Railroad employment in February 2015 increased by 719 employees to 172,195 employees. Total Class 1 rail employment in February increased 6.1%, year-over-year. Total employment has risen each month for 13 straight months.
Georgia Legislature passed a $1 billion transportation funding plan the first week of April. The bill is expected to raise about

$945 million a year for transportation through an increased gas tax and various transportation fees. (Source: Atlanta Journal Constitution)

The Georgia Ports Authority increased containerized cargo in March by 27.8% compared to March 2014. For the first time ever, the Port of Savannah moved 333,058 TEUs in a single month. (Source: GPA)
The Consumer Confidence Index increased to 101.3 in March 2015, up 2.5 from the previous month. The three-month average of 101.3 is the highest since September 2007. (Source: The Conference Board)

 

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