The logistics and supply chain market has a long list of terms that often confuse people.
According to the most recent market results and trends report from Armstrong & Associates, Inc., 2016 domestic transportation management increased 5.3% in gross and 7.0% in net revenues over 2015 and if the first half of 2017 is any indication, 2017 will be much better than 2016. The beneficiaries of the growth has not been equal among all providers, as the mega logistics providers are making their impact. M&A activity that occurred over the past two years and the continued inflow of capital, along with the technology advances is making it more and more difficult for the "little guys" to survive. While not all market verticals are growing in there needs for 3PL services, the overall reasons for growth do fall into four buckets: Better economy Managed transportation services market growth Planning for future capacity concerns Mega logistics providers leading the conversations. A summary of each of the four areas of growth are outlined below:
Everything you need to know about domestic intermodal and how to be successful implementing it into your logistics strategy. Gives tips, tricks and insights on intermodal and what to watch out for when converting from truckload to intermodal.