Logistics Market Snapshot – December Edition

GEORGIA125I’m still in the middle of the craze that is year end. And want to post several more items before this year is over, so I will keep it short and get straight to the point:

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 a few encouraging statistics of this month’s edition below:

December Logistics Market Snapshot
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E-Commerce revenue in November 2014 is up 14% year-over-year, with e-commerce orders up 15% over the same period. Mobile orders (phone & tablet) accounted for 24% of all e-commerce orders in November, up from 18% during the same month last year. (Source: Custora E-Commerce Pulse)
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U.S. imports of artificial Christmas trees are 48% higher through the month of September than the same period for 2013, totaling $189 million. Approximately 97% of artificial Christmas trees originate in China. The Port of Savannah imports 17% of the nation’s Christmas trees. (Source: Zepol)
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Online sales are predicted to be about $300 billion this year. Next year, online sales are expected to total $335 billion with online sales continuing to rise to $512 billion by 2020. (Source: FTI Consulting Inc.)
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U.S. Class I railroads originated a record 132,257 carloads of crude oil in Q3 2014, up 10.6% over the previous quarter and up 41.7% over the same quarter last year. Railroads accounted for about 11% of U.S. crude oil production in the first nine months of 2014.

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The trucking industry workforce increased by 3,000 employees in November. The trucking workforce increased 2.5% over the previous year. (Source: U.S. Bureau of Labor Statistics)

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The U.S. GDP increased 3.9% in the third quarter of 2014 according to the second estimate released by the Bureau of Economic Analysis. (Source: US BEA)

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