Texas Grand Opening - the new logistics hub


Written by pnpline

Texas Grand Opening - The New Logistics Hub

Why the US Firms Move to Texas ?

Many people move to Texas every year for countless reasons, including affordable housing prices, good educational districts, and flexible tax rate. Then what about the businesses? They are moving to Texas for reasons such as a high-quality workforce, low energy costs, and tax incentives.

Texas has the best conditions for logistics, including ports, rail, and transportations. 

what are the benefits for you?

A process that was concerned about cargo not being handled on time due to frequent strikes and changes at the Western Port, but using Houston Port, stable cargo handling is possible with a more predictable schedule.

Shipping across the United States from a mid-point can save you both time and money, rather than shipping from the East or West.

Due to high labor costs and real estate costs, it is difficult to do logistics & supply chain in west and east coast areas. Texas offers a reasonable cost because of its cheap, abundant workforce, low inflation, and relatively low real estate costs.

 

Supporting Evidences

Reference#1 – TX Retail Sales Trend

Growth in retail sales of Texas implies potential market despite the inflation and recession. Total retail sales went down 38 billions from 48 billions during the pandemic and its regrowth and recovery rate now shows over 50 billions of total retail sales in Texas.

 

Reference#2 – Growth of Employment Rate in TX

In 2021, the majority of working population went back to work / job. In Texas, the employment rate is growing fast since many firms moved in. This will help to get the stable operations.

 

Reference#3 – Corporate Relocations to Texas

In 2021, some 62 companies relocated their HQs to Texas from 17 states and three countries, according to the just-released Relo Tracker Report. California was the origin state to 25 of those companies, more than any other state, with Tesla being the biggest and most noteworthy.

 

Reference#4 – Port Houston

Companies in Texas have access to some of the best infrastructure the nation has to offer, including roads, highways and seaports. The Port of Houston may not be the largest or busiest port in the U.S.—that title belongs to the Port of Los Angeles—but it tops all others in terms of tonnage. The port announced this month that it posted its busiest April on record, having moved a total of 334,493 twenty-foot equivalent units (TEUs).

Supporting Evidences

 

Reference#1 – TX Retail Sales Trend

Growth in retail sales of Texas implies potential market despite the inflation and recession. Total retail sales went down 38 billions from 48 billions during the pandemic and its regrowth and recovery rate now shows over 50 billions of total retail sales in Texas.

 

 

 

 

 

Reference#2 – Growth of Employment Rate in TX

In 2021, the majority of working population went back to work / job. In Texas, the employment rate is growing fast since many firms moved in. This will help to get the stable operations.

 

 

 

 


Reference#3 – Corporate Relocations to Texas

In 2021, some 62 companies relocated their HQs to Texas from 17 states and three countries, according to the just-released Relo Tracker Report. California was the origin state to 25 of those companies, more than any other state, with Tesla being the biggest and most noteworthy.

 

 

 

 

Reference#4 – Port Houston

Companies in Texas have access to some of the best infrastructure the nation has to offer, including roads, highways and seaports. The Port of Houston may not be the largest or busiest port in the U.S.—that title belongs to the Port of Los Angeles—but it tops all others in terms of tonnage. The port announced this month that it posted its busiest April on record, having moved a total of 334,493 twenty-foot equivalent units (TEUs).

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