The January Edition of your monthly Logistics Market Snapshot is now available!
Please download your free .PDF copy directly from our website [HERE].
As always, included below are some selected encouraging statistics from this month's edition:
- The construction market for domestic transportation infrastructure is expected to grow to $135.8 billion next year, a 5% increase over 2013.
- More than 1.6 million TEU's of new ocean freight capacity are scheduled for delivery in 2014, possibly making 2014 a record-breaking year for capacity.
- U.S. auto sales in 2013 rose 7.6% over the previous year to 15.6 million autos. Ford's U.S. sales totaled about 2.5 million vehicles, accounting for a 10.8% increase, the largest of any other automaker in 2013. Nissan and Chrysler increased sales more than 9% while sales for Toyota and General Motors rose 7.4% and 7.3%, respectively. U.S. auto sales are expected to rise to 16.5 million vehicles in 2014.
- Intermodal rail traffic in December 2013 was 8% higher than in December 2012. Intermodal loadings have experienced year-over-year gains for 48 straight months, and for all of 2013, U.S. rail intermodal volume totaled a record-breaking 12.8 million containers and trailers, up 4.6% over 2012.
- More than 1.6 million TEU's of new capacity are scheduled for delivery in the upcoming year, possibly making 2014 a record-breaking year for capacity. The U.S. trade deficit decreased by 12.9% in November to $34.3 billion, the lowest trade deficit since October 2009.
- Year-over-year, housing starts and building permits in November increased 29.6% and 7.9%, respectively.
For more information, visit the Georgia Center of Innovation for Logistics website.
Posted by
LeanCor Supply Chain Group
LeanCor Supply Chain Group is a trusted supply chain partner that specializes in lean principles to deliver operational improvement. LeanCor’s three integrated divisions – LeanCor Training and Education, LeanCor Consulting, and LeanCor Logistics – help organizations eliminate waste, drive down costs, and build a culture of continuous improvement.
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15
Jan