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Tuesday, January 09 2018

By Jim Damicis, Senior Vice President Camoin Associates

Introduction
Transportation and Logistics is a central component of the economy. It not only supports numerous jobs and output within its own sector, but also enables other sectors, namely manufacturing and retail, to generate and distribute supplies and products nationally and globally creating new wealth through exports. This article will focus on the Transportation and Logistics Sector and related subsectors providing an understanding of economic performance, recent and emerging trends, and how to consider within economic and business development. While transportation of people via rail, air, bus, water, etc.… is a form of transportation, this article will focus on the warehousing and movement of supplies and products along supply chains – from inputs, to production, to end markets and directly related support activities such as freight arrangement, equipment repair. A full list of the subsectors, and their North American Industry Classification System Codes is listed in Appendix 1.

Economic Trends – Employment, Output, Earnings, and Occupations
The Transportation and Logistics Sector is an important and growing part of the U.S. economy. In 2017, there were 3.7 million jobs in the U.S. within the Transportation and Logistics Sector, representing 2.3 percent of total U.S. employment. This Sector has experienced significant growth in the past ten years as the country has emerged from the recension. Between 2008 and 2017 the Transportation and Logistics Sector experienced 12.7 percent growth adding 416,316 jobs.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 08:40 am   |  Permalink   |  Email
Thursday, January 12 2017

By Kevin Hill, Online Marketing Manager at Quality Scales Unlimited

Globalization 

Emerging, mature and international markets are now part of the growth strategy of a vast number of companies. It is now the standard to go ‘international,’ and logistic solution providers have a role to play in enabling this trend through a transportation network. 

A Workforce that is Technologically Savvy 

Mobile technology has made people comfortable with technology since they are familiar with it. The current generation expects to have equipment in the workplace that can provide the same engagement using technology that they enjoy on their smartphones and cars.   

The millennials, those born in the 80s and 90s, are coming into the workforce and bringing traits that are bound to influence how technology is used. They are confident, able to multi-task, tech savvy and expect instant gratification. It is these factors that must be considered in with regards to this group and how you present information to them. With such a workforce, the next ten years will experience changes that will prove disruptive. 

In America today, 76 percent of the teenagers are on social media, 78 percent carry a cell phone, and 93 percent can access a computer at home. They spend most of their time engaging in computer games, and by the time they turn 21, they will have spent an average of ten thousand hours gaming.  This is now becoming a global trend. Equipment in the work place as well as management techniques will need to adapt to these workers.  

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:45 am   |  Permalink   |  Email
Wednesday, January 11 2017

By Adam Robinson, Director of Marketing & Digital Marketing Consultant at Cerasis

There is nothing quite like the ease of ordering things online. The holidays are around the corner, and millions of Americans will turn to their phones, computers and tablets to get the gifts they need. Unfortunately, millions more will still go to brick-and-mortar stores to find those special items, and the push toward online and omnichannel ordering will continue grow, which is why it is increasingly important to invest in eCommerce Warehousing.

In your organization, the ability to adapt to the changes in demand of your direct consumers and business-to-business (B2B) partners will strain even last year’s technologies. However, if you can leverage these “best practices,” you can create an eCommerce warehousing solution ideal for both holiday and year-round scalability and growth.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 08:45 am   |  Permalink   |  Email
Tuesday, July 26 2016

By Michael D. White, author and freelance writer

For any company wanting to remain stable and competitive in the ever-morphing world of global business, it’s absolutely critical to grasp how fluctuations in the economy impact the supply chain and what trends are developing that impact the efficiencies and costs of moving products to market. 

In the “macro,” says Rosalyn Wilson, president of Freight Matters, a Maryland-based logistics consultancy, the global and U.S. economies “may well get worse before they get better, which doesn't bode well for trade and logistics activity over the near term,” says Wilson.

“Retail sales have risen, but they’ve risen far less than everybody expected them to,” she says. “Consumer sentiment is really hot and real wages are going up, so it would be natural to expect consumers to begin spending, but what we’re seeing is that consumers are willing to spend on services rather than goods.”

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:36 am   |  Permalink   |  Email
Wednesday, January 13 2016

By Allan Kohl, president and senior partner at KOM International

As we saw in the September 2015 Industry Feature story of Expansion Magazine, with rising global trade volumes and increasing imports to the U.S., inland ports are becoming a critical component in the global supply chain.

The inland port, or intermodal distribution centers that make-up these inland ports or hubs are connected directly to major seaports, and help retailers and manufacturers with cost-effective import distribution to consumers. 

This is particularly so for West-to-East movement of product, where an inland port can help to speed the flow of cargo between ships and major land transportation networks, creating a more central distribution point.  Another advantage is improving the speed of getting imports and exports across the country at least cost to DCs or customers by providing value added services such as: container de-stuffing; product re-boxing; segregation and redirection of West/East coasts volumes, and preparation of truckloads for Eastern destinations only.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:10 am   |  Permalink   |  Email
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