21st November 2016, Bath UK: Ti’s soon to be published report, the 2016 edition of its European Road Freight Transport series, examines the company’s latest research on the dynamics of the road freight sector, providing insight into the economic drivers of the road freight industry as well as highlighting what is considered as a typical cost structure for European hauliers.
The weakness of the European economy, to which the road freight industry is closely correlated, is the major factor in the sector’s lack of profitability and many companies are struggling to survive in an intensely competitive market place. However, as this report identifies, there are signs that parts of the European economy are strengthening which will be a welcome relief to many operators.
Indeed, the European road freight industry is on the threshold of a period of systemic change which will transform operating models, disrupt markets and challenge the very existence of many sectors.
The advent of the Fourth Industrial Revolution (4IR), as it has been termed, describes the transformation of economies through a combination of technological, societal and business related disruptive forces. It has led to the development of the ‘sharing economy’ (such as AirBnB and Uber) as well as a change in attitudes towards asset ownership.
Nowhere will the effects of 4IR have more impact than in the development of the transport, logistics and supply chain industry.
The European Road Freight Transport report is available to pre-order today with a special 20% discount. By ordering today you will also be the first to receive the report before the general release on Monday 28th November. Please note that the 20% discount will only be available up and until Sunday 27th November 2016.
Source: Transport Intelligence, November 25, 2016
Author: Transport Intelligence
