Albany’s freight industry trucking into high gear
ALBANY, N.Y. — The freight industry is about to experience a massive boom in the Albany area, with projected growth of 67 percent the next 15 years according to the Capital District Transportation Committee.
This explosion of activity is thanks to several new and old companies entering and expanding in the market, including Ace Hardware expanding 400,000 square feet to its distribution center and Dollar General’s new $92 million distribution hub. The Dollar General facility alone will employ up to 500 once complete in 2017.
Smaller companies are supplementing the growth as well, with Trans-Border Global Freight hiring eight in 2015 and with plans to hire an additional 10 in 2016. Trans-Border Global Freight exports, imports, and ships products by boat, plane and truck.
In all, freight shipments are expected to increase by 69 million tons between 2012 and 2040, which will equate into thousands of new job opportunities in the area.
Source: Albany Business Review