Logistics Market Snapshot :: February Edition
U.S. exports of goods and services reached a record $2.2 trillion in 2012. Exports in 2012 outpaced the growth in imports for the first time since 2007. Exports as a share of U.S. GDP were 13.9% in 2012 . (Source: BLS)
- Intermodal container volumes hit a record high in 2012 with 13.1 million moves, a 5.9% increase year-over-year. Domestic container shipments topped 5 million for the first time, reflecting a growth rate of 12.2% over 2011 activity. International containers accounted for 52% of the total volume. (Source: IANA | intermodal.org)
- Saia, the Georgia-based truck carrier, reported a 2012 profit of $32 million, jumping 181.8% from $11.4 million in 2011. Yearly revenue was $1.1 billion, up 6.7% from $1 billion the previous year.
- Import volume through major U.S. container ports is expected to increase 8.5% in February. (Source: NRF/Hackett Associates)
- In December, housing starts rose 12.1% to an annual rate of 954,000 units, the fastest growth since June 2008.