U.S. Logistics Industry to Post 1.1 Million Job Openings by 2016
13 Nov, 2012
Georgia’s Center of Innovation for Logistics released a new report, “The Logistics of Education and the Education of Logistics” which identifies and quantifies the gap between the demand for logistics-related jobs and the current supply of logistics programs offered by educational institutions.
According to the report’s analysis of U.S. Department of Labor data, the U.S. will generate approximately 270,200 logistics-related job openings in the U.S. each year, and close to 1.1 million by 2016. In contrast, the nation’s 7,642 educational institutions currently generate just 75,277 formally trained, degreed or certified workers annually, a pace that means roughly only 28 percent of the identified logistics-related job openings will be able to draw from a pool of trained candidates.
The demand for these jobs in Georgia is even greater. More than 9,500 openings per year are created by Georgia’s logistics industry alone. Logistics-related employment in Georgia is expected to grow five percent more than the U.S. average, nearly triple the Southeast average, and far exceed the growth of other leading seaport states such as New York, Washington, California and Texas.
Page Siplon, executive director of the Center of Innovation for Logistics said, “The logistics industry is growing at an ever-increasing pace, and facing new challenges and opportunities like never before. Conditions created by new technology, government regulations, and increasing demands from consumers to always deliver products faster, better and cheaper will require a workforce that has the skills and real-world training to meet this demand. This will have a profound impact on companies of all types and sizes in many ways.”
Georgia is home to 11,000 providers of logistics services, from core transportation and facilities, to third-party logistics and software providers, and ranks as the fifth-largest overall logistics employer in the nation. Companies like Delta Air Lines, UPS, SAIA, Red Prairie and Manhattan Associates are headquartered in Georgia, along with many major consumers of logistics such as Home Depot, Coca-Cola and Gulfstream.
To view the report in full, visit www.GeorgiaLogistics.com.