I N D U S T R Y    I N F O

INDUSTRY  INFO

Commonly referred to as transportation, distribution and logistics or supply chain, the logistics industry is comprised of logistics services, air and express delivery services, freight rail, maritime and trucking services. The logistics industry is an integral part of every goods-focused industry, from automotive to retail.  

In 2015, the global logistics market totaled $8.1 trillion, led by the Asia-Pacific region, namely China, and is set to expand to $15.5 trillion by 2023. And all around the world, logistics providers and users are facing the same challenges.

Transportation infrastructure is critical to a competitive and productive economy. Today, the complexity of maintaining the nation’s critical infrastructure is a difficult one and is coupled by global environmental trends which compound these challenges.

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Nationally, spending in the U.S. logistics and transportation industry totaled $1.48 trillion in 2015, making up eight percent of the nation’s gross domestic product (GDP). Businesses spent a total of $2.15 trillion in 2015 in logistics-related costs. To make logistics of moving and selling goods more efficient, a number of technology trends could provide solutions for addressing some of the more pressing needs of extending the life of our physical transportation system infrastructure and optimizing the public and private sector use.

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freightinfographic


South Carolina

In 2011, 375 million tons of freight moved across South Carolina using the state’s railways, highways, airports and waterways. That tonnage is expected to increase by 81 percent by 2040. Air transport is expected to grow at the fastest rate of 97 percent from just above five million tons to approximately 10 million tons in 2040.

South Carolina’s economy has grown significantly in the last two decades and projections forecast even stronger economic performance in the future, thanks in part to the state’s logistics industry cluster. The following factors have added to the cluster’s growth:

The presence of Original Equipment Manufacturers (OEMs) in South Carolina, particularly those in the automotive and aerospace clusters, is a driving force in the state’s logistics industry cluster.

The presence of numerous retail distribution centers in South Carolina is also a driving force in the state’s logistics industry cluster.

SOUTH CAROLINA IS LOCATED AT THE CENTER OF THE SOUTHEASTERN REGION OF THE UNITED STATES, MAKING IT A “HUB” FOR THE TRANSPORTATION OF PRODUCTS FOR MANUFACTURERS AND RETAILERS IN THE REGION.

 

South Carolina Specific Challenges

Like the rest of the nation, South Carolina faces its own distinct challenges related to physical infrastructure as highlighted in recent reports published by the South Carolina Department of Transportation.

South Carolina’s aging infrastructure, changing weather patterns and storms increasing in intensity in recent years also present challenges for the growing demand on the logistics industry. 

Recent and ongoing state and federal investments in transportation and distribution infrastructure will strengthen South Carolina’s competitiveness as a logistics hub.

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Projects made possible by state and federal investment:
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  • The opening of South Carolina’s first inland port in Greer
  • Deepening of the Charleston Harbor
  • Creation of the Jasper Ocean Terminal
  • Establishment of a second inland port in Dillon to connect the I-95
    corridor to the Port of Charleston


National rankings of South Carolina’s economy indicate the robust nature of our economy and some competitive advantages of South Carolina over other neighboring states.


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The SC Logistics Initiative will focus on identifying opportunities to make SC’s Logistics Industry even more competitive through our work with public, private, academic and non-profit sector partners.

To learn more about getting involved, contact Suzanne Dickerson at sdickerson@sccompetes.org

Commonly referred to as transportation, distribution and logistics or supply chain, the logistics industry is comprised of logistics services, air and express delivery services, freight rail, maritime and trucking services. The logistics industry is an integral part of every goods-focused industry, from automotive to retail.  

In 2015, the global logistics market totaled $8.1 trillion, led by the Asia-Pacific region, namely China, and is set to expand to $15.5 trillion by 2023. And all around the world, logistics providers and users are facing the same challenges.

Transportation infrastructure is critical to a competitive and productive economy. Today, the complexity of maintaining the nation’s critical infrastructure is a difficult one and is coupled by global environmental trends which compound these challenges.

challenges_2

challenges_1

challenges_3

Nationally, spending in the U.S. logistics and transportation industry totaled $1.48 trillion in 2015, making up eight percent of the nation’s gross domestic product (GDP). Businesses spent a total of $2.15 trillion in 2015 in logistics-related costs. To make logistics of moving and selling goods more efficient, a number of technology trends could provide solutions for addressing some of the more pressing needs of extending the life of our physical transportation system infrastructure and optimizing the public and private sector use.
3a

3b3c
South Carolina

freightinfographic

In 2011, 375 million tons of freight moved across South Carolina using the state’s railways, highways, airports and waterways. That tonnage is expected to increase by 81 percent by 2040. Air transport is expected to grow at the fastest rate of 97 percent from just above five million tons to approximately 10 million tons in 2040.

South Carolina’s economy has grown significantly in the last two decades and projections forecast even stronger economic performance in the future, thanks in part to the state’s logistics industry cluster. The following factors have added to the cluster’s growth:

The presence of Original Equipment Manufacturers (OEMs) in South Carolina, particularly those in the automotive and aerospace clusters, is a driving force in the state’s logistics industry cluster.

The presence of numerous retail distribution centers in South Carolina is also a driving force in the state’s logistics industry cluster.

SOUTH CAROLINA IS LOCATED AT THE CENTER OF THE SOUTHEASTERN REGION OF THE UNITED STATES, MAKING IT A “HUB” FOR THE TRANSPORTATION OF PRODUCTS FOR MANUFACTURERS AND RETAILERS IN THE REGION.



South Carolina Specific Challenges

Like the rest of the nation, South Carolina faces its own distinct challenges related to physical infrastructure as highlighted in recent reports published by the South Carolina Department of Transportation.

South Carolina’s aging infrastructure, changing weather patterns and storms increasing in intensity in recent years also present challenges for the growing demand on the logistics industry. 

Recent and ongoing state and federal investments in transportation and distribution infrastructure will strengthen South Carolina’s competitiveness as a logistics hub.

challenges_4
challenges_5

Projects made possible by state and federal investment:

2-2bill-copy
  • The opening of South Carolina’s first inland port in Greer
  • Deepening of the Charleston Harbor
  • Creation of the Jasper Ocean Terminal
  • Establishment of a second inland port in Dillon to connect the I-95
    corridor to the Port of Charleston


National rankings of South Carolina’s economy indicate the robust nature of our economy and some competitive advantages of South Carolina over other neighboring states.

advantages_2
advantages_3
advantages_1

line4-copy
The SC Logistics Initiative will focus on identifying opportunities to make SC’s Logistics Industry even more competitive through our work with public, private, academic and non-profit sector partners.

To learn more about getting involved, contact Suzanne Dickerson at 
sdickerson@sccompetes.org