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Transportation Companies Gaining Traction with Economic Development Officials

May 08, 2015 Tim Cook, JD
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State and local governments throughout the United States offer a variety of tax credits, training grants, and other negotiated incentives to growing companies. These programs have historically been geared toward a fairly specific set of industries, such as manufacturing and life sciences. However, tides are changing as transportation and logistics projects are now being considered strong economic development engines.

Not only have government officials begun to realize that transportation companies employ individuals who require specialized certifications, thus making for good-paying jobs, but many also employ brokers who command strong compensation. What’s more, many transportation and logistics projects require significant capital investment, a fact that no one can ignore.

Learn more about this shifting trend in the most recent issue of McLeod Software’s The Dispatch.