“Logistics includes the transportation, freight, warehousing, delivery and support firms specializing
in moving
goods from producers to customers, including other producers and end users.”
California Regional Economies Project
The Logistics industry is among the fastest-growing industries in Southern California due to:
• the explosion of international trade
• the growing volume of cargo entering the country through Southern California’s ports
• recent trends in manufacturing such as production moved to countries with low labor-cost
• and effective supply chain management strategies (e.g. inventory reduction and just-in-time delivery).
Another important factor is the Inland Empire’s projected growth. As one of the fastest growing areas in the United States, an increased volume of goods will be consumed in the region.
Businesses suffer from a shortage of entry-level workers and must offer attractive starting wages to attract the labor force they need. The speed of goods movement has become a competitive advantage for many businesses that save money on distribution and inventory reduction, and reward their key mid-level and high-level employees with generous compensation.
|
