State of Global Logistics & Trends to Watch
"Don’t overthink transportation and logistics. That’s our job”, cites Ryder’s third party transportation and logistics group. Freight forwarding, air and sea freight expect high growth in these trade lanes. Meanwhile, motor carriers, express shippers, warehousing, environment and ethics all play a role in the state of Global Logistics. Here are some trends to watch: • Trucking sees its best carriers gear up for a hot freight market shaped by tight capacity for equipment and labor. We are short 50,000 truck drivers this year. More than ever, carriers have and are planning investments of a high magnitude and more strategic operations to best serve their shippers during the huge boom in business, driven by 3PLs, extraordinary growth and e-commerce on line sales growth.