Logistics Market Snapshot – March 2014

The Georgia Center of Innovation for Logistics publishes a monthly update on the global logistics market. The March 2014 Logistics Market Snapshot is available here.

Highlights:

In December, the U.S. exported nearly $192.5 billion of cargo. January U.S. exports have increased 0.6% in terms of value over the previous month and rose 3% year-over-year. (Source: US Census)

The state of Georgia has experienced a record increase in both exports and imports for the fourth consecutive year. According to the Census Bureau, the state moved up one position ranking in both exports and imports in 2013. Georgia increased to the 11th largest exporting state from the 12th. The state also increased from the 9th largest importing state to the country’s 8th largest importing state.

The Port of Savannah moved 259,159 TEUs in January 2014, a 12.5% increase over the same month last year. Freight moved across all terminals totaled 2.45 million tons, a 7.3% increase year-over-year. (Source: GPA)