What might 2008 hold for the logistics and transportation industry?
Here’s what I think the key issues are and what impact they will have by mode.The key issue above all remains fuel. Security is a hot second. Technology also has a big role to play along with the “Green” environmental movement. All will combine in unexpected ways to reshape our industry in the next couple of years. The aggregate of this information is important to consider not only for budgetary reasons but as shippers and carriers enter pricing negotiations by mode. Rates are important, but its not all about the price. Available service will also be critical. There were plenty of instances in 2007 where contracts signed at cheap rates didn’t yield priority freight carriage, especially in air freight peak season. If you are a big shipper, you should consider that last sentence and how you will handle the 2008 negotiations. Air Freight – main deck air freight I think will remain in high demand on the Asian trade lanes but not all because of volume. European carriers such as Lufthansa sh
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- What might 2008 hold for the logistics and transportation industry?