Articles
EcoDev
How to Attract Megaprojects: Become a Megasite
As industrial development in the United States continues at a lightning pace, it’s essential for communities throughout North America to enhance their megasite offerings in order to meet demand. Kansas City provides an example.
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Creating a Business-Friendly Environment
At the crux of Michigan’s central expressways, five Class A rail lines, and the Detroit Metropolitan Airport, you’ll find the City of Romulus, which residents refer to as the “Home of Opportunity.” The city’s access to transportation and 3,146 acres of undeveloped land have positioned Romulus as a logistics hub for developers from Michigan and across the nation.
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How the National Freight Strategic Plan Can Benefit Shippers
The U.S. Department of Transportation (USDOT) recently announced the first-ever National Freight Strategic Plan (NFSP), a historic initiative that will benefit shippers and others buying transportation and logistics solutions by delivering more affordable, efficient, and reliable options to move cargo.
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Becoming the Next Leading Logistics Hub
More and more consumers turned to e-commerce and online grocery sales for their purchases during the COVID-19 pandemic, adding pressure on the supply chain and making the location of distribution and fulfillment centers even more important.
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4 Steps to Ensure Port Resiliency After a Critical Incident
Across the nation, seaports support more than 30 million jobs and have an economic impact of more than $5 trillion. In my home state of Florida, our ports support nearly one million jobs and have an annual impact of more than $117 billion.
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Inland Ports: An Efficient Alternative
Coastal seaports remain pivotal components of many supply chains. Yet, for U.S. manufacturers and distributors scouting new locations, nearby real estate options are pricey, scarce, and/or stuck in a web of congested roadways. One viable solution is inland ports—intermodal terminals directly connected to seaports by rail or road.
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Collaboration Grows Freight Economy
At the heart of St. Louis’ strategy to advance as a global trade hub is a focus on collaboration to strengthen and promote the region’s already robust freight network. The entire bi-state region has united behind that common goal—establishing partnerships that bridge government boundaries, public and private sector, various industries, and multiple transport modes. The effort is paying off.
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Industrial Development Returns to the Rails
The United States’ inadequate supply of Class A industrial space located close to international shipping facilities adds complexity and cost to distribution networks. With sky-high land acquisition and development costs, and limited land availability around the busiest ports, companies are forced to scatter operations in several smaller facilities or pay premium prices for adequate space. […]
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How Georgia Designed an Innovative Logistics Landscape
Industry groups need to come together and support a sustainable logistics ecosystem. State organizations play a critical role in achieving this goal, as they are often the hub that facilitates seamless interactions between businesses, government agencies, industry groups, and educational institutions. Georgia, for example, supports a robust industry that’s successful on a national and global […]
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Welcome to the Neo-Panamax Era: Big Ships, Big Opportunities
The arrival of the cargo vessel T. Roosevelt at Port Elizabeth, New Jersey, in September 2017, marked the beginning of a new era for international commerce and trade. At 14,414 TEUs, four times longer than a football field, T. Roosevelt was the largest vessel to dock at an East Coast port after traversing the widened […]
Read MoreHow to Make Your Region a Logistics Hotspot
How does a region become a logistics hotspot? Take Southern Arizona, for example: The region’s national economic impact has grown by $18.7 billion over the past decade, helping to revitalize the area, grow the population, and create thousands of jobs. Southern Arizona, with a population of 1.6 million, is one of the fastest growing mega-regions […]
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Why Global Trade Needs a Rebrand
In 2016, doubts about the wisdom of trade deals factored heavily in the UK’s vote to leave the European Union and in the outcome of the U.S. presidential election. Skepticism about the benefits of free trade has been bubbling for years. In the United States, President-elect Donald Trump has vowed to kill the 14-nation Trans-Pacific […]
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Reshoring Resources Bring It All Back Home
As U.S. firms continue to reshore, new supply chain opportunities are arising for both shippers and providers. To capitalize on these opportunities, manufacturers and their logistics service providers should understand the reshoring trend and the resources that are available to assist them with both the reshoring decision and the process of returning jobs. Since 2010, […]
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Panama Canal Expansion: Four Keys to Unlocking its Potential
The Panama Canal’s new set of locks offers the opportunity to increase ocean transportation by more than twice the number of containers on one ship, creating a potential sea change in economies of scale. Here’s what shippers need to know. Today’s global macroeconomic and cross-border logistics environment is already incredibly complex, with higher U.S. domestic […]
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How the Panama Canal Expansion Will Shake Up U.S. Shipping
The expansion of the Panama Canal, expected to be completed by the end of June 2016, will rewrite the rules of shipping, with far-ranging impacts for logistics managers, retailers, railroads, and public infrastructure across the United States. More than a decade in the making, the canal expansion not only increases the number of ships that […]
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Shippers Should See Positives from the Trade Promotion Act
When the U.S. Congress passed the Trade Promotion Act (TPA) in June 2015, debate over its benefits and how its passage would affect the U.S. economy lingered. U.S. Congress felt that the goal of TPA and its historical record were solid proof of the benefits this legislation would provide. Although TPA is not a trade […]
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Panama’s SEA Change Boosts Access to Global Markets
Panama is quickly becoming the business capital of Latin America. The country is an attractive location to the international business community due to the $5.25-billion expansion of the Panama Canal, allowing for increased access to global markets. In addition, the country’s economy is surging, and the Panamanian government is attracting foreign direct investment through the […]
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Get Ready for Trade Developments
Major developments in global trade, broad in scope and substance, are expected to play a significant role in 2016 and affect nearly every business that imports or exports. Many of these developments represent several years of negotiation or implementation phases. To stay competitive this year, companies should start planning for their implications now. To prepare, […]
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Pioneer Ports Drive Economic Development in the Inland Northwest
The Port of Lewiston, Port of Clarkston, and Port of Whitman County—also known as the Pioneer Ports—are the most inland seaports on the West Coast, located 465 river miles from the ocean in the Inland Northwest. These three ports play a critical role in driving economic vitality in the Lewis-Clark Valley and Palouse areas of […]
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Missouri Gets Shipping
Missouri’s central location, sixth-largest public road and highway system, service by all seven Class I railroads, third-largest inland port in the nation, and major airfreight centers in Kansas City, St. Louis, and Springfield might be enough to attract the attention of most nationwide shippers looking for a strategic Midwest location. But Total Quality Logistics (TQL) […]
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