March Logistics Market Snapshot

We just received the March Logistics Market Snapshot from our friends at the Georgia Center of Innovation for Logistics.

In the spirit of celebration for St. Patrick’s Day right behind us, below are some encouraging statistics this month that seemed fitting:

Below are some encouraging statistics from the report:

  • U.S. wineries set a record for imports last year with $1.43 billion in revenues, up 2.6% year-over-year. The volume of wine shipments reached 424.6 million liters or 47.2 million cases. (Source: Wine Institute)
  • The American craft beer industry set a new record for exports in 2012. The craft beer export volume increased by 72% compared to 2011, with an estimated value of $49.1 million. Canada remained the industry’s largest export market, with shipments increasing 140% by volume in 2012.
    (Source: Brewers Association)
  • Georgia’s beer distributors have an annual economic impact of about $1.3 billion, and is tied with Washington and North Carolina at 10th in the nation for its economic impact of beer distributors. (Source: National Beer Wholesalers Association)

Or on a more traditional front:

  • Intermodal rail traffic in February 2013 was 10.5% higher than in February 2012 and 3% higher than January 2013 totals. Intermodal loadings have experienced year-over-year gains for 39 straight months.
  • The trucking industry added 5,600 jobs in February. The trucking workforce increased 0.4% over the previous month and rose 3.2% over the previous year. (Source: U.S. Bureau of Labor Statistics)
  • The unemployment rate in America decreased to 7.7% in February 2013 as there were 236,000 net new jobs. (Source: US DOL)
  • The Consumer Confidence Index increased to 69.6 in February 2013, up from 58.4 in January 2013.

…Visit www.georgialogistics.com to read the rest of the report and sign up for updates.

About the Georgia Center of Innovation for Logistics

The Center of Innovation for Logistics is the leading statewide resource for fueling logistics industry growth and global competitiveness. The Center directly helps companies to overcome challenges and capitalize on opportunities related to the movement of freight. We provide focused expertise, specific industry data, connections to state resources, and an extensive cross-sector industry network. The Center is an industry focused component of the Georgia Department of Economic Development (GDEcD) and has main offices in Savannah and Atlanta, but has activity in all parts of the State. The Center represents all segments of the logistics industry and provides a unique platform for companies to network, address industry issues and share knowledge. Simply put, the Center is a catalyst to help logistics-enabled businesses connect, compete and grow.

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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