December 2015 Logistics Market Snapshot
As 2015 draws to a close, the December edition of the Logistics Market Snapshot, collated by the Georgia Center of Innovation for Logistics, is now available online. Looking at more than 300 sources of information from external resources including NASDAQ, the US Department of Transportation and the Bureau of Labor Statistics, the Market Snapshot provides insight into rail, trucking, air and ocean freight, warehouse and distribution, multimodal and US markets trends.
Below are a few interesting highlights from the December edition:
- E-Commerce revenue was up 16.2% on Cyber Monday 2015 compared to Cyber Monday 2014. Mobile shopping (phones and tablets) accounted for over a quarter (26.9%) of online shopping, and e-mail marketing drove 22.1% of orders on Cyber Monday 2015 followed by free search at 20.7% (Source: Custora E-Commerce Pulse)
- Cyber Monday purchases rose 16% to more than $3 billion, well ahead of expectations. To help handle the surge in sent packages, UPS dispatched managers from its corporate headquarters in Atlanta and other locations to work at delivery centers in areas that need help handing the additional packages. Combined, UPS, FedEx, and the USPS are expecting to ship more than 1.5 billion packages over the holidays, an increase of 10% from last year. (Source: Supply Chain 24/7)
- Warehousing employment in November increased by 3,000 jobs, up 0.3% from the previous. Warehousing and storage businesses have added 47,200 jobs over the past 12 months. (Source: U.S. Bureau of Labor Statistics)
- Retail and food service sales increased in November to $448.1 billion, up 0.2% from the previous month, and up 1.4% above November 2014. Non-store retailer sales were up 7.3% from last year. (Source: US Census)