Click here to view the January 2015 edition of Logistics Market Snapshot as submitted by the Georgia Center of Innovation for Logistics.
A few encouraging statistics from this month's edition are as follows...
- Railroad bulk carload freight in December 2014 rose 3.8% from November 2014. Freight traffic in December rose 8.9% from December 2013, the largest year-over-year monthly percentage increase in four years. Source: AAR.org)
- Intermodal rail traffic in December 2014 was 3.7% higher, year-over-year. Intermodal loadings have experienced year-over-year gains for 61 straight months. (Source: AAR.org)
- The trucking industry workforce increased by 7,300 employees in December. The trucking workforce increased 3.0% over the previous year. (Source: U.S. Bureau of Labor Statistics)
- U.S. Class 8 truck orders in 2014 totaled 375,000 units, the second-highest order year in history, exceeded only by 2004. (Source: FTR Associates)
- U.S. ocean imports increased 6% in 2014. Total TEU's reached 19.4 million, the highest volume ever. The Port of Savannah, the fourth-largest port in the U.S. in 2014, increased imports by 17% to 1.36 million TEU's, the largest gain out of the top 10 ports. (Source: Zepol)