“Transportation trends tend to be a precursor of larger supply chain issues,” says Chris Ferrell, Director of Tompkins Supply Chain Consortium and author of the report. “Shippers and carriers both need to understand the larger consequences of transportation trends and act decisively to survive in today’s evolving climate.”
The transportation industry can expect to see these new issues emerge throughout 2014:
Shift from diesel to natural gas
Trucking industry consolidation
Final mile innovation
There are also several trends that will continue from last year, including right-shoring, dedicated fleet expansion, intermodal growth, big data, and the migration from distribution networks to fulfillment.
Tompkins Supply Chain Consortium is the premier source for supply chain benchmarking and best practices knowledge. With more than 350 participating retail, manufacturing and wholesale/distribution companies, the Consortium sponsors a comprehensive repository of over 10,000 data pointscomplemented by search capabilities, online analysis tools, topic forums and peer networking for supply chain executives and practitioners. The Consortium is led by the needs of its membership and an Advisory Board that includes executives from Domino’s Pizza, GlaxoSmithKline, Hallmark, Ingram Micro, Kane is Able, Miller-Coors, The Coca-Cola Company, Target and University of Wisconsin. To learn more about how your company can become a member of the Supply Chain Consortium, contact Patty Trocchio at email@example.com or visit www.supplychainconsortium.com.