34th Annual Survey of Corporate Executives Commentary: Top Criteria Remain Logistics and Labor
With 80 percent of U.S. communities served exclusively by trucks, highway access remains just as critical as accessibility to skilled labor.
Q1 2020
Nearly 70 percent of all freight is hauled by trucks and over 80 percent of the communities in the U.S. are served by trucks only. Rising logistics costs and real estate prices aside, growing market demand is the ultimate investment driver as e-commerce, J-I-T manufacturing, and timely last-mile delivery require great highway access and proximity to markets. Improving one’s supply chain footprint is so important that most manufacturers and distributors start their site selection process by doing logistics analysis up front to determine their search area, then go out to find the best labor, real estate, regulatory/business environment, etc. within the search area.
The Corporate Survey also points out the ongoing concern investors have regarding the availability of skilled labor and overall labor costs. Locations large and small with meaningful educational institutions, focused labor training programs, and/or a “quality of life” that attracts and retains a skilled workforce will continue to attract investors.
-
Bill Luttrell, Director of Corporate Real Estate, Werner Enterprises, Inc.
Bill Luttrell is director of Corporate Real Estate at Werner Enterprise, Inc., a Fortune 1000 transportation and logistics company headquartered in Omaha, Nebraska, where he is responsible for the firm’s real estate portfolio of over 150 properties located in the U.S., Canada, Mexico, China, and Australia. Luttrell has more than 35 years of experience in the corporate real estate, corporate site selection, and economic development industries. He also assists Werner’s clients with their capital investment decisions by creating value-added site location strategies to align their real estate and logistics activities with broader corporate business objectives. Luttrell graduated from both Sophia University in Tokyo, Japan, and from the University of Texas in Austin. Past employment includes executive positions with the World Bank, Deloitte, JLL, and the Texas Department of Commerce. He served in the U.S. Navy in Naval Intelligence aboard surface and subsurface platforms and held a TS/SCI clearance. Luttrell speaks fluent Russian and Japanese.
Logistics / Infrastructure
Technological and Other Changes Steering Logistics Decisions
-
Location Canada
Foreign Investors Connect to the World from Canada
-
Corporate Exec Survey Results
Corporate Executive Survey Commentary: Logistics Still Drives Location for Manufacturers
-
Logistics / Infrastructure
Freight Corridors & Logistics Hubs Shape the Location Decision
Project Announcements
Textile Manufacture 23 Farrar Street Relocates-Plans Lynn, Massachusetts, Operations
03/28/2023
Canada-Based Epsilon Industries Plans Tuscaloosa, Alabama, Prefabricated Modular Utility Systems Plant
03/28/2023
Korea-Based LG Energy Solution Plans Queen Creek, Arizona, EV Battery Manufacturing Plant
03/28/2023
France-Based CMG CleanTech Plans Osceola County, Florida, Renewable Energy Technology Manufacturing Park
03/28/2023
France-Based TIME Bicycles Plans Spartanburg County, South Carolina, Carbon Fiber Bicycle Factory
03/27/2023
Hanwha Advanced Materials Plans Cartersville, Georgia, Manufacturing Plant
03/27/2023
Most Read
-
37th Annual Corporate Survey: Economic Pressures Exerting Greatest Effect on Decision-Makers
Q1 2023
-
19th Annual Consultants Survey: Clients Challenged by Tight Labor Market, Energy Availability
Q1 2023
-
The Top Investment Location Prospects for Aerospace Manufacturing
Q1 2023
-
2022 Top States for Doing Business Provide an Environment for Business Growth
Q3 2022
-
36th Annual Corporate Survey: Executives Focus on Labor, Energy, Shipping Costs
Q1 2022
-
How Are Economic Developers Partnering to Solve Workforce Challenges?
Q1 2023
-
Strategies to Overcome Intensifying Industrial Real Estate Challenges
Q1 2023