Please click here to download the lastest edition of Logistics Market Snapshot as published by the Georgia Center of Innovation for Logistics.
Encouraging statistics from May's edition are as follows:
- The USDOT's freight transportation services index rose 1.7% in March 2015. The index's reading of 122.9 was 3.1% higher than March 2014 and was the index's second highest level ever. (Source: U.S. DOT)
- In March, the U.S. imported $197.6 billion of cargo, increasing 8.9% from February 2015. This is the largest increase on record. (Source: US Census)
- Intermodal traffic in April 2015 was 5.1% higher, year-over-year. A weekly average of 276,663 intermodal units in April was the highest for any month ever. (Source: AAR.org)
- The U.S. average industrial vacancy rate fell for the 20th consecutive quarter to 7.1% in Q1 of 2015. This is the lowest level in 14 years. (Source: NGKF)
- The Labor Department reported weekly applications for unemployment dropped 34,000 to 262,000, the lowest level since April 2000.
