DJ Products is your preferred supplier for state-of-the-art electric yard trucks, but are you on board with state-of-the-art logistics technology? The future is no longer “business as usual” as disruptors present structural and competitive challenges.
Impact of Projected Global Market Growth
Industry consulting firm Transport Intelligence (Ti) recently published Total Logistics 2018, an analysis of the long- and short-term state of the logistics sector. According to Ti, adaptability is crucial for international freight-forwarding companies hoping to weather upcoming changes.
While different sectors will experience varying degrees of growth, Ti projects that the total global market will see a compound annual growth rate of 5.1 percent over the next five years. Road freight currently accounts for approximately one-third of the market.
Tighter capacity is expected to cause a rise in sea and air freight rates. This factor, combined with increasing numbers of regional trade blocs, will favor road-based shipping as supply chains grow shorter.
Technology Disruptors Upend the Logistics Industry
Technology puts unprecedented amounts of data at our fingertips. As a result, customers are demanding accurate, real-time information and more transparency. Adding to this disruption are start-ups that can easily build new systems unencumbered by existing ones.
Providers are also able to develop platforms that create a better match between supply and demand. The end result could be lower costs for shippers.
Improve Productivity and Safety with Yard Trucks from DJ Products
Is your company equipped to keep up with the fast pace of today’s logistics industry? Our Electric Yard Dog allows employees to quickly maneuver trailers weighing up to 100,000 pounds with reduced risk of human injury and property damage.
Visit our website to learn more about our full line of battery-powered tugs, movers and pushers.