To summarize a long month of logistics news and events released in the month of March, Georgia Logistics compiled a set of facts and figures for an easy and quick read. GL broke it down into general U.S. economic conditions, trucking, air freight, ocean freight, warehousing and distribution, rail, and multimodal.
Here are a few more significant figures from the article:
- In trucking, February orders were 4% higher than the previous month, and 3.5% higher year-over-year.
- Global air freight traffic in January increased 5% from one year ago.
- The unemployment rate in America decreased to 7.7% in February 2013 as there were 236,000 net new jobs.
- For warehousing and distribution, the U.S. average industrial vacancy rate was 8.7% during Q4 2012, down from 9% in the previous quarter.
Georgia Logistics’ synopsized “March 2013 Logistics Market Snapshot” pdf article can be found by following the link at the green button below.
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