Four transport and logistics trends to monitor in USA this year
CarrierDirect, a leading strategic transportation and logistics advisory firm, has released their semi-annual market perspective “Eat or Be Eaten: The Year of Separation in Freight” exploring the trends of the domestic freight industry looking toward the whole of 2015.
The market perspective provides a deep look across the economy from a domestic and global perspective, the state of the freight industry and what lies ahead for innovation in the sector.
Joel Clum, President of CarrierDirect, said: “Despite the fragile global economy, the logistics and trucking segment is growing overall. The industry is being impacted by shifting price strategies, the growth of non-asset 3PLs and ground-breaking innovation in all segments.
“This year, couriers and 3PLs need to solidify sound practices involving technology and create competitive, yet valuable services as the basis of their companies or they won’t be able to contend with the best in the quickly changing marketplace.”
The report, which is released in semi-annual installments, has grown to become one of the most widely read and talked about perspectives on the domestic freight industry, frequently being featured by industry analysts and freight publications. Some of the trends CarrierDirect expects to find in 2015 include:
- Technology and service offerings will continue to support innovation in the global supply chain reducing costs and offering improved reliability to freight movements.
- Dimensional pricing will shift the logistics space since LTL leaders, like UPS Freight, FedEx Freight, have adopted the global perspective to pricing freight services.
- Technology will continue to revolutionise the logistics space. In 2014, nearly $100m in investments reached companies across the globe like Project44, shyp and Cargomatic that are working to streamline shipping through new technologies and web-based services.
- Consolidation in the non-asset 3PL sector will grow larger, full-service brokerages over a previously fragmented marketplace consisting of independent firms with single mode competencies.
CarrierDirect is a leading advisory firm to freight carriers and third-party logistics companies, supporting their efforts to become top enterprises in their space.
To read the full market perspective, visit http://carrierdirect.co/our-perspectives/eat-eaten-year-separation-freight/