All Features Entries
Wednesday, July 01, 2015
In the best year for the freight transportation industry since the Great Recession, logistics managers chalk up efficiencies that drive further U.S. economic growth. However, capacity issues persist, causing shippers to worry about rate hikes as carriers continue to be meticulous in their partnerships.
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.
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.
Monday, June 01, 2015
Faced with service issues and declining performance metrics, rail and intermodal providers are keeping investment levels at record highs as they continue to work through the current challenges to get back to pre-recession performance levels.