Wednesday, May 6, 2020

The Transportation And Logistics Industry - 1409 Words

The transportation and logistics industry is one of the key components of modern life. It provides the framework through which every raw material and finished consumer good is moved through the supply chain into the hands of consumers. This industry is generally taken for granted by consumers. When consumers do think about the industry it is thought of in terms of unchanging and stagnate transportation modes. This vision of the industry is not an accurate reflection of the reality of modern transportation industry. During the last several decades the technological innovations that have changed the face of modern life, have also had far reaching effects on the transportation industry. The pressures driving innovation in the industry†¦show more content†¦Innovations that improve the functioning of transportation modes are occurring across all modes of the transportation industry. Truck transportation has been the backbone of freight movements in the United States and ac ross the globe for decades. While utilizing trucks is an economical way to move freight for short hauls of less than a 1,000 miles, there are high environmental and infrastructure costs for utilizing this mode of transportation. According to Lowe, road transportation’s use of energy resources rose 103 per cent in the period since 1970 (2005). Additionally, Lowe points out that road transportation’s emission of green house gasses, â€Å"increased by 76% between 1971 and 1989† (Lowe, 2005, p. 112). Furthermore, road transportation is the largest polluter in the industry. It utilizes â€Å"over 80% of the total energy used in the transport sector and contributes over 75% of its total CO2 output (Lowe, 2005, p. 113). Finally, freight transportation by heavy vehicles causes pavement damage at significantly higher rates than passenger traffic (SSTI, 2011). Road transportation providers have adopted several innovations that have lowered the environmental impact of this transportation mode. The adoption of clean diesel technology by the industry has resulted in significant reductions in fuel use and emissions by trucks. This innovation in diesel engineShow MoreRelatedLogistics Industry : Information, Transportation, Inventory, Warehousing, Storage, And Storage Goods1952 Words   |  8 PagesLOGISTICS INDUSTRY Logistics is the process where the movement of goods from point of origin to point of consumption is planned, monitored, controlled and delivered in a proper condition. It is the process of ensuring the proper and safe delivery of quality goods at the right place, right time, right quantity and to the right person. Logistics is concerned with getting the products and services where they are needed and when they are desired. It is difficult to accomplish any marketing or manufacturingRead MoreSwot Analysis Of Ryder Systems Inc. Essay950 Words   |  4 Pagesmarket of commercial transportation, logistics, and supply chain management. Ryder currently operates in two segments: fleet management solutions (FMS) and supply chain solutions (SCS). FMS generates the majority of Ryder’s revenue. This product includes leases, rentals, contract and contract-related maintenance, and fuel services. SCS provides consulting services globally (Nieman, 2013). Over the past 80 years, Ryder has transformed from a model A Ford truck into and industry leading Fortune 500Read MoreThe United States: The Impact of Its Economy on Transportation and Logistics Management811 Words   |  3 PagesIts Economy on Transportation and Logistics Management Transportation and logistics coordinate the movement of goods and people. The transportation and logistics industry is the catalyst that propels the American economy. However, it works both ways. Economic pressures on the national, regional, and local levels affect decisions and policies made by logistics managers. This paper will explore the intricate relationship between the United States economy and Transportation and Logistics management. ConsumerRead MoreWhat Makes A Business Transaction?906 Words   |  4 Pagestransporting. As the firm grows locally, nationally, or internationally, transportation and distribution assistance is required to meet consumer demands. Here is where the demand for transportation and logistics begins with a business that may involve importing and exporting supplies required for production, and ends with a consumer receiving products purchased. (Dowlatshahi, 2010), describes inbound and outbound transportation performance as simply achieving scheduled delivery times which displaysRead MoreUsing RFID Technology in the Transportation Sector1562 Words   |  6 Pagesand tracking the process (Advantages of RFID in Transportation and Logistics, 2011). In the current times, radio frequency identification technology has upgraded from anonymity into applications that are rather used normally and as a consequence has helped in the acceleration of manufactured materials handling (Want, 2006). There are several uses of RFID in various sectors. However, this paper will only deal with its uses in the transportation sector and how effectively this modern technologyRead MoreEssay about C.H Robinson Worldwide Logistics Research 1427 Words   |  6 Pages1. INDUSTRY C.H. Robinson Worldwide is a third party logistics â€Å"provider of multimodal transportation services and logistics solutions.† (Chrobinson.com) C.H. Robinson Worldwide belongs to the industrial sector, airfreight and logistics sub-industry. Jim Corridore in the Standards and Poors Sub-Industry review states that there is â€Å"a positive fundamental outlook for the air freight and logistics industry for the next 12 months.† (Standardabpoors.com) Katie Lally suggests that 2014 â€Å"should still beRead MoreAchieving Transportation Excellence1371 Words   |  5 Pagesï » ¿Achieving Transportation Excellence How is process improvement important to achieving transportation excellence? How might process improvement be extended to other areas of logistics planning? The transportation sector is continually evolving. Whether moving people or products by land, sea, or air, all transportation strategies need to balance proficient network design and operations with rising intricacy, government supervision, environmental accountability, security risks and demands for flexibilityRead MoreThe Third Party Logistics Industry904 Words   |  4 Pages Third Party Logistics Industry Third party logistics industry (3PL) also referred to as logistic outsourcing has become a thriving sector within the supply chain and logistics sector. As the world of logistics and supply chain management has grown so has the need for third party logistics providers to deliver comprehensive services to companies that are constantly looking for ways to stay competitive and innovative in order to improve processes, increase profits, and lower costRead MoreA Brief Note On Maritime Logistics Of Petroleum Products1460 Words   |  6 Pagesprocess of maritime logistics of petroleum products, as they derive from world trade flows. Currently the main factors that affect the supply chain industry and sea transportation of these products are the major external effects of the economic factors of each country involved in the process, climate technology and geopolitics. However, businesses, government and society are also big influencers of the petroleum product chain. First we briefly introduce the crude oil industry from which petroleumRead MoreA Brief Note On Systems And Logistics Support Management1070 Words   |  5 Pages Third-Party Logistics Gregory Long Florida Institute of Technology MG 5061: Systems and Logistics Support Management Dr. Janice Spangenberg February 28, 2016 Abstract Today’s world business environment has become so competitive that companies in order to be successful in the market must deal with different resources for satisfying their customer need. In the past decade or so the competitive global market has made a big influence in

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.