July 2016 Logistics Market Snapshot
The July 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 July edition:
- E-Commerce revenue was up 7% in June compared to June 2015. Mobile shopping (phones and tablets) accounted for 30% of online shopping, up from 27% in June 2015. (Source: Custora E-Commerce Pulse)
- Retail and food service sales increased in June to $457.0 billion, up 0.6% from the previous month, and up 2.7% from June 2015. Non-store retailer sales were up 10.6% from last year. (Source: US Census)
- The consumer price index for all urban consumers increased 0.2% to 241.0 in June on a seasonally adjusted basis from the previous month. The producer price index for final demand increased 0.5% to 110.9 in June from the previous month. (Source: US Bureau of Labor Statistics)