To provide a better understanding of the variety of digital start-ups and the pain points they are trying to solve, the new European Road Freight Transport Update 2019/2020 report classifies the new business models transforming the space and follows up with profiles of the main digital players operating under each model.
New report from Ti, Global Freight Forwarding Update 2019/2020, focuses on some of the key factors inhibiting market growth, as well as the solutions that can help forwarders gain an edge in the years ahead.
New research finds that the global parcels market grew to a value of €306.2bn in 2018 as domestic market growth of 8.8% outpaced international growth of 6.9%. e-commerce continued to be a key driver in both the domestic and international markets.
At the recent IMHX exhibition and conference in Birmingham, United Kingdom, Ti’s CEO, Professor John Manners-Bell, chaired a panel discussing the issues surrounding supply chain start-ups and innovation in the sector.
Transport Intelligence reveals that the global contract logistics market grew 4.9% in real terms in 2018, one of the fastest growth rates seen in recent years. It paints a picture of a healthy market, with 2018’s expansion well above annual growth rates seen over much of the last decade.
As road freight digitalisation has spread and start-ups have pushed technological innovation throughout the market, there have been many promises of transformation and massive gains in the efficiency of providers and value delivered to customers.
Ti’s latest report, European Road Freight Transport 2019, reveals the European road freight market saw a slowdown in volume terms during 2018, with real growth below 3% and further declines expected in 2019.
Ti’s Chief Executive John Manners-Bell and Advisory Board member, Ken Lyon, spoke in the keynote session of Multimodal at the NEC in Birmingham to launch their new book, ‘The Logistics and Supply Chain Innovation Handbook’ The book, has been the result of a five year programme of research examining how technology is disrupting every sector of the industry.