What is in this article?:
- U.S. Trade Deficit Lowest since January 2010
- Transportation Indexes:
- Rail:
- Warehousing:
This country’s most recent logistics numbers (from the Logistics Market Snapshot, courtesy of the Georgia Center of Innovation) show growth in international trade.
• 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)
• Import volume through major U.S. container ports is expected to increase 8.5% in February. (Source: NRF/Hackett Associates)
• The U.S. trade deficit decreased by 20.7% in December to $38.5 billion, the lowest deficit since January 2010. Exports rose 2.1% to $186.4 billion and imports fell 2.7% to $224.9 billion.
(Source: US DOC & Census Bureau)
Here are the other market highlights:
