eCommerce is Transforming TruckingPosted on August 29, 2017
Today's Trucking magazine ran this article yesterday about the impact that eCommerce is having on the freight transportation industry. Some interesting takeaways:
- Analysts predict 20% of brick and mortar retail will be out of business in the next 5-7 years.
- Surveys indicate that 55% of consumers want same-day delivery and 46% want next-day. All want it for free.
- Expect trends to move from centralized to more regional warehouse distribution to support faster delivery to point of consumption. This means more drivers will be required to service more points of delivery.
- Attendees at the PeopleNet and TMW In.Sight user conference agreed "that resisting the new models would prove expensive, and may even be the death of some companies, saying online retail with same- or next-day shipping was only going to grow."