Wednesday, July 01, 2015
As we roll deep into 2015, the $37 billion less-than-truckload (LTL) sector remains solidly profitable overall. LTL capacity is closely aligned with demand, and with significant barriers to entry in the sector, little additional capacity is expected in the near future.
The $337 billion truckload sector—the largest single piece of the trucking market—now accounts for about 37 percent of total freight transportation spending in the U.S. According to industry analysts, the truckload industry has done a “credible job” in recent years of diversifying their offerings and moving away from the idea that 53-foot dry van truckload should be treated as a commodity rather than a customized service.
Posted on 07/01 at 09:50 PM
July 2015 •
Like any mode of freight transportation operating in a fluctuating economy and horrendous winter weather conditions, there are always bound to be challenges. Based on how things have played out over the last year, the railroad and intermodal sectors are clearly not immune to the ups and downs experienced on the nation’s highways.
Posted on 07/01 at 09:45 PM
July 2015 •
The International Air Transport Association (IATA) announced an upward revision of its 2015 industry outlook to a $29.3 billion net profit. On expected revenues of $727 billion, the industry would achieve a 4 percent net profit margin.
Posted on 07/01 at 09:40 PM
Air Cargo •
July 2015 •
The container shipping industry has been highly unprofitable over the past five years, note analysts with McKinsey and Company. Making things worse, earnings for ocean carriers have been exceptionally volatile.
Despite the prevailing challenges, the less-than-truckload (LTL) market is seeing steady volume growth and solid profits. Our top sector analysts offer their take on this now vital mode as shippers work to obtain the capacity they need at a rate that works for both parties.
Advanced warehouse management systems (WMS) users are taking the next step and figuring out how to drive process efficiency improvements through their applications—rather than just focusing on keeping track of what’s been done. Here are seven different ways they’re making that happen.
A growing reliance on automated systems makes global supply chains more vulnerable to potential criminal and terrorist cyber attacks than ever before. Analysts contend that a new “collective awareness” is necessary to thwart these assaults before they even begin.
As e-commerce demands continue to drive up the need for faster pick speeds, voice technology is infiltrating the warehouse and DC, helping operations gain efficiencies, improve order accuracy, and get products into their customers’ hands faster than ever.
With the expansion of the canal scheduled for early 2016, many shippers are hoping that ocean cargo efficiency will be greatly enhanced. However, experts are of mixed minds on whether this will indeed be the panacea all industry stakeholders are seeking.