Shippers and carriers this year can expect to see many new trends related to transportation, as well as a continuation of several critical challenges from 2013.
Trends in the Transportation Industry, a report by Tompkins Supply Chain Consortium, pulls back the curtain on today’s hottest transportation issues. "Transportation trends tend to be a precursor of larger supply chain issues," says Chris Ferrell, director of Tompkins Supply Chain Consortium and author of the report. "Shippers and carriers both need to understand the larger consequences of transportation trends and act decisively to survive in today’s evolving climate."
The transportation industry can expect to see these new issues emerge throughout 2014:
• Shift from diesel to natural gas
• Tightening capacity
• Trucking industry consolidation
• Final mile innovation
• Same-day delivery
There are also several trends that will continue from last year, including right-shoring, dedicated fleet expansion, intermodal growth, big data, and the migration from distribution networks to fulfillment.
Download the report here to learn more about these issues as they continue to take shape.