The decline in domestic flight volume on U.S. airlines raises some interesting questions on the role airports play in corporate site selection.
The decline in domestic flight volume on U.S. airlines raises some interesting questions on the role airports play in corporate site selection.
Transportation and infrastructure are becoming increasingly important components of the site selection process, whether for manufacturing, distribution or corporate headquarters. Transportation costs, energy costs and the ability to get people and product to places the quickest and the cheapest are major considerations in location investment decisions.
The positive traction around manufacturing includes the addition of 500,000 factory jobs in the last two years, about 50,000 of them from reshored manufacturing that had been outsourced to lower-wage Asian markets, especially China.
The Panama Canal is undergoing a $5 billion expansion that is expected to double capacity and bring more activity to U.S. ports.
What does Brown do for Bluegrass? UPS makes Louisville a major logistics hub and a key component in Kentucky’s extensive transportation infrastructure. The shipping giant operates the UPS Worldport, a 5.2 million-square-foot facility, adjacent to Louisville’s airport. Opened in September 2000 and expanded in 2006, it is the largest distribution hub in the UPS network, [...]
When investing in transportation, communities often focus on roads, but some are experimenting with infrastructure for cyclists and pedestrians.
BNSF Railway’s Matt Rose says the rail business and the U.S. economy run on parallel tracks. In 2006, the rail business reached a record high. In 2009 – the height of the Great Recession – rail hit an all-time low, losing 26 percent of all units carried. 2010 saw an increase of about 10 percent, and 2011 is tracking about a 5 percent increase, though the econd half of the year has been much slower.
Bill McMeekinBill McMeekin is director of content/business at Journal Communications Inc., where he oversees content ...
Emily McMackinEmily McMackin is a business magazine project manager and Web content developer at Journal Communications ...
Clay PerryClay Perry is vice president/business development at Journal Communications Inc., where he works with economic ...
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