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.
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, [...]
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.