June 2016 Logistics Market Snapshot
The June 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 June edition:
- E-Commerce revenue was up 8% in May compared to May 2015. Mobile shopping (phones and tablets) accounted for 31% of online shopping, up from 27% in May 2015. (Source: Custora E-Commerce Pulse)
- Retail and food service sales increased in May to $455.6 billion, up 0.5% from the previous month, and up 2.5% from May 2015. Non-store retailer sales were up 9.8% from last year. (Source: US Census)
- The consumer price index for all urban consumers increased 0.2% to 240.2 in May on a seasonally adjusted basis from the previous month. The producer price index for final demand increased 0.3% to 110.1 in May from the previous month. (Source: US Bureau of Labor Statistics)