January 13 2020
Trade/Transportation

Capital Region’s Prime Location Drives $4.1B in Domestic Truck Freight Shipments

More than $4 billion in goods are domestically transported from the Capital Region annually by truck. While the majority (88.6 percent) of that freight (by value) is shipped by truck throughout Northeast, 5.9 percent goes to states in the South, 3.8 percent to the Midwest and 1.7 percent to the West, according to a Center

August 8 2018
R&D, Trade/Transportation

Innovation Drove Capital Region Export Growth

In 2017, exports from the Capital Region increased over the year by 2.6 percent, with its R&D to Commercialization Cluster driving most of that gain, according to a Center for Economic Growth (CEG) analysis of data from the Brookings Institution’s 2018 Export Monitor. Innovation-Related Exports In 2017, nominal (current dollar) exports from the eight-county Capital

March 14 2018
News, Trade/Transportation

How buses can drive economic development

Times Union By: Eric Anderson Local officials embrace options for getting around When the Capital District Transportation Authority rolled out its Universal Access program, it gave employees and students at 20 major colleges and businesses the option to take any bus, any time, on the transit authority’s route network. The program grew to account for

March 8 2018
Trade/Transportation

Albany Area Port Imports Climb to 15-Year High

Imports last year continued to gain steam at Albany area ports, climbing to a 15-year high. In 2017, area ports registered imports with a vessel shipping weight totaling 1.3 million kilograms, up 6.2 percent from 2016 and up 94 percent from five years earlier. The ports’ total imported shipping weight last year was the highest

December 6 2017
Trade/Transportation

Where Capital Region Exports Are Growing

Last year, the Capital Region  made significant inroads in exporting merchandise to several world regions, particularly South America, Central America, the Middle East and Africa, according to a Center for Economic Growth analysis of International Trade Administration (ITA) data. Fastest-Growing Export Regions In 2016, Albany-Schenectady-Troy metropolitan statistical area (MSA) merchandise exports totaled $4.1 billion*. Among

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