Coos Bay Rail Link carload activity rose in 2013

The Oregon International Port of Coos Bay Coos Bay Rail Link moved 4,845 revenue carloads in 2013, a 95 percent increase over 2012’s 2,480 carloads, in its second full year of operations in Coos, Douglas and Lane counties.

The line, which runs between Coquille and Eugene where it connects with Union Pacific, anticipates increased activity in 2014. Coos Bay Rail Link handles forest products, fiber, fertilizer and organic dairy feed for more than a dozen customers

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The Conference Board this morning reported online advertised vacancies fell in January to 5.232 million.The December Supply/Demand rate stands at 2.0 unemployed for each vacancy, with a total of 5.1 million more unemployed workers than the number of advertised vacancies.

“Employers still seem hesitant to expand their workforce,” said June Shelp, Conference Board vice president in a statement.

Advertised vacancies remains near 5 million monthly, but increases in ads have significantly dropped off over the past three years, Shelp said, declining from an average of more than 57,000 per month in 2011 to more than 45,000 in 2012 and down to only 26,000 in 2013.

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Economic activity in the non-manufacturing sector grew in January for the 48th consecutive month, according to the Non-Manufacturing Institute for Supply Management Report On Business released today.

The Arizona-based organization elements in its survey registered at 54 percent in January, 1 percentage point higher than the seasonally adjusted reading of 53 percent registered in December.

 

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    Greg Stiles

    Covering the Southern Oregon business and economy since 2001. Read Full
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