Regional logistics hubs, freight activity and industrial space demand: Econometric analysis

Christopher Lindsey, Hani S. Mahmassani*, Matt Mullarkey, Terry Nash, Steven Rothberg

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

8 Scopus citations

Abstract

There has been a continuing interest among transportation researchers and the logistics industry in the relationship between the consumption of industrial space and freight transportation activity. With the growing importance of logistics and supply chain economics to global industries, firms organizing their industrial activities and locating their warehousing and operational centers must increasingly consider the availability, quality and cost of a range of transportation services. Accordingly, the development of logistics facilities in conjunction with regional freight transportation hubs has become an important element of the overall industrial economy, predicated on the notion that robust freight activity is a good indicator of the consumption of industrial space. In this study, we conduct an econometric analysis of a longitudinal data set consisting of twenty metropolitan markets observed annually from 1997 to 2007. From those results, we develop a methodology to score and rank metropolitan markets according to their potential for industrial space consumption based on macroeconomic, demographic, and freight flow variables.

Original languageEnglish (US)
Pages (from-to)98-104
Number of pages7
JournalResearch in Transportation Business and Management
Volume11
DOIs
StatePublished - Jul 2014

Keywords

  • Economic development
  • Freight flows
  • Industrial space
  • Logistics hubs

ASJC Scopus subject areas

  • Decision Sciences(all)
  • Business and International Management
  • Transportation
  • Economics, Econometrics and Finance (miscellaneous)
  • Tourism, Leisure and Hospitality Management
  • Strategy and Management
  • Management Science and Operations Research

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