Logistics Market Snapshot – May Edition

Martijn Graat
Martijn Graat

GEORGIA125Each month the Georgia Center of Innovation for Logistics publishes a Logistics Market Snapshot with key Logistics and Supply Chain figures and statistics. Included are several Multimodal, Trucking, Rail, Air, and Ocean Freight Indexes, Industrial Vacancy and Rent Rates and general economic indexes. Please find a few encouraging statistics of this month’s edition below:

May Logistics Snapshot

E-commerce sales are expected to reach $414 billion by 2018, up from a projected $294 billion in 2014. Of the $294 billion this year, $87 billion of online transactions will come from mobile devices. In-store purchases are expected to grow by $300 billion by 2018. (Source: Forrester Research)

U.S. railroads originated 570,722 carloads of coal in April 2014, up 6.4% over April 2013 and the best year-over-year gain for coal since January 2011. U.S. railroads also originated 104,946 carloads of grain, up 27.6% over the previous year and the largest year-over-year gain on record. (Source: AAR.org)

Worldwide sales of semiconductors reached $78.47 billion during Q1 2014, the industry’s highest-ever first quarter sales. March 2014 had an increase of 11.4% from the same month last year marking the industry’s largest year-over-year increase in more than three years. (Source: WSTS.org) 

House and Senate negotiators have agreed on a bill that authorizes billions of dollars for water projects over the next decade, from flood protections in California to port deepening in Georgia’s rapidly growing Port of Savannah. Lawmakers released details Thursday of the Water Resources Reform and Development Act (WRRDA), a week after they announced they had reached an agreement on blending House and Senate versions of the bill. The House and Senate are expected to vote on the bill next week. (Source: Associated Press)

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