Of the 31 largest U.S. metro areas Atlanta has the lowest transportation and factory lease costs, and the lowest effective corporate income tax rate of any large U.S. city.
The Southeast region of the U.S. got more good news in March when the Georgia Ports Authority achieved its highest month on record in March, moving 2.61 million tons of cargo, a 15.5% increase year-over-year. The Port of Savannah moved 260,539 TEUs in March 2014, a 12% increase over the same month last year.
This news comes courtesy of the latest Logistics Market Snapshot, from the Georgia Center of Innovation. Other highlights from this report:
• Railroad bulk carload freight in March 2014 rose 2.5% from February 2014. Freight traffic in March rose 3.5% from March 2013, the largest year-over-year increase since December 2011. Carloads excluding coal increased 4.3% over the previous year.
• Intermodal rail traffic in March 2014 was 9.9% higher than in March 2013, and rose 1.8% from February 2014. Intermodal loadings have experienced year-over-year gains for 52 straight months.
More on logistic statistics on Material Handling & Logistics.
Material Handling & Logistics is an NED companion site within Penton’s Manufacturing & Supply Chain Group.