November Logisitics Market Snapshot

We just received our monthly Logistics Market Snapshot from our friends from Georgia Innovation Logistics.

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:

  • Christmas is only 39 Days from now! And if you forget, remind yourself at: www.xmasclock.com
  • Nationally, about 96.7 million square feet of distribution space is currently under construction, about half of which is speculative, with an average building size of 360,000 square feet. 12% of the current total and about 30% of the demand for big boxes, is related to e-commerce.
  • Georgia has been named as the state with the #1 business climate in the Nation by Site Selection Magazine. In earning the top spot, the publication cited the state's many logistical advantages, cutting edge work-force training programs, and low-cost energy. The overall ranking is based on a survey of corporate site selectors and a set of criteria that includes the number of qualified projects and state tax burdens on companies.
  • Retail and food service sales rose in September to $425.9 billion, up 3.2% over September 2012. Non-store retailer sales were up 8.9% from last year. (Source: US Census)

 

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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