FreightWeekSTL: New Study Reveals Illinois Route 3 Near St. Louis Is Positioned as a Nationally Significant Heavy Industrial Corridor
A 60-mile stretch of Illinois (IL) Route 3 generates $16 billion in annual business revenue and supports 221,881 direct and indirect jobs, according to a new economic impact study commissioned by the St. Louis Regional Freightway. The Route 3 corridor in southwestern Illinois is parallel to St. Louis, Missouri along the Mississippi River and Interstate 255, and goes from Waterloo, Illinois, in the south to Godfrey Illinois, to the north. It is gaining recognition as a premiere heavy industry and warehousing corridor with distinct advantages over other areas around the country, such as the percentage of the direct jobs in manufacturing, transportation and warehousing that greatly eclipse the regional and national averages for jobs in those sectors.
The post FreightWeekSTL: New Study Reveals Illinois Route 3 Near St. Louis Is Positioned as a Nationally Significant Heavy Industrial Corridor appeared first on St. Louis Regional Freightway.