Rail Gains Advantage Amidst Supply Chain Snarls
12 Jul 2022
For companies around the world, supply chain snags have been top-of-mind for much of the past year. Delays are common, and U.S. domestic shipping rates for moving goods are up approximately 23 percent over 2020 levels, according to Cass Information Systems, Inc. High demand continues to outpace logistics capacity, and the chronic U.S. truck driver shortage only exacerbates delays. Amidst these trends, rail has become an important option for shipping goods across the United States — especially as trucking costs rise, too.
GO-Biz Concludes a Series of Events Focused on Attracting International Businesses to CaliforniaJul 11 2022
Sacramento, CA – GO-Biz recently concluded two weeks of events focused on engaging with international businesses to highlight opportunities in California. The events showcased California as the ideal business destination: A biotech tour of San Diego with a delegation from Taiwan, coordinated by GO-Biz in partnership with the...
Trends in Data Center Site SelectionJul 11 2022
What makes a good location for a data center? There are quite a few factors, and some of the most important are the availability of space, land, and power. However, emerging technologies that will require edge computing — such as 5G, virtual reality and metaverse applications, AI, and self-driving cars...
Area Development’s 17th Annual Shovel Awards Recognize State and Local Economic Development Efforts — First Two Platinum Shovels AwardedJul 8 2022
The national news headlines in 2021 shifted dramatically, from wall-to-wall pandemic coverage to stories of extraordinary economic growth and recovery. After a dramatic downturn in 2020, the economy came roaring back with unexpected gusto — and that enthusiasm is reflected in the economic development activity that was bringing smiles and...