Industrial Space Demand and Intermodal Transportation Activity: Exploring the Connection

Within the transportation, economic development and logistics communities there has been great interest in the connection between industrial/logistics land use and transportation activity levels. Given the growing importance of supply chains to today’s increasingly global economy, the organization of business activities and the location of distribution and production centers must increasingly consider the availability, quality and cost of a range of transportation infrastructure and services, particularly intermodal services. Accordingly, the development of major logistics parks in conjunction with major intermodal hubs has become an important element of supply chains. The BNSF (Burlington Northern Santa Fe) Logistics Park in Joliet, IL and the Alliance Texas Logistics Park in the Dallas-Ft. Worth area are examples. The geography of goods movement, and its associated locational dimensions, has received little systematic investigation and scholarly research (Hessea et al., 2004). However, the economic implications of these processes, and of the industrial/logistics development sector, are substantial and of primary importance to land use and regional economic development. In addition, the direction and future of intermodal transport has important consequences for local communities seeking to retain or gain greater economic competitiveness. Better understanding of the determinants of industrial space demand, its interrelation with goods movement and industrial/logistics development, and intermodal transport in particular, is of substantial importance to both the public and private sector. Motivated by these observations, this research explores the connection between industrial space demand and freight transportation at the United States metropolitan area level. Specifically, it considers the intermodal freight transport market and its potential influence on industrial location decisions. Also, this study assesses the extent to which freight, demographic, and macroeconomic variables lead the demand for industrial space. This research contributes to the existing literature by providing further empirical insights, primarily with regard to transportation-related factors, into the demand for industrial space. It accomplishes this while considering the history and direction of intermodal freight and its influence on industrial space demand. The results have important implications for development professionals formulating investment strategies and for transportation researchers interested in the freight perspective on the connection between land use and transportation.

Language

  • English

Media Info

  • Media Type: Digital/other
  • Features: Figures; References; Tables;
  • Pagination: pp 104-113
  • Monograph Title: Proceedings of 1st National Conference on Intermodal Transportation: Problems, Practices, and Policies

Subject/Index Terms

Filing Info

  • Accession Number: 01495244
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Oct 8 2013 1:38PM