Uber for Trucking: A New Era in the Freight Movement and Logistics Market

The arrival of Uber for trucking or mobile-based freight brokering is ushering in a new era in the North American trucking and freight logistics market. Currently, inefficiency plagues the freight movement and logistics market, with approximately 20 billion empty miles travelled per year in the trucking industry. Mobile-based freight brokering can enable drivers and fleets to mitigate these inefficiencies in their trucking operations. In addition to reducing the empty miles travelled, mobile-based freight brokering technology can help lower operating costs, improve fuel efficiency, boost asset utilization and enhance resource productivity.

New analysis from Frost & Sullivan, Uber for Trucks: Executive Analysis of the North American Mobile-Based Freight Brokerage Market, finds that 16 percent of third-party logistics will be enabled through mobile platforms by 2025.

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APL Logistics Opens New Vietnam Facility

APL Logistics Opens New Vietnam Facility
APL Logistics announced the opening of its latest consolidation center in Ho Chi Minh City, Vietnam. It is the largest single-roof container freight station (CFS) within the company’s South East Asia CFS network. The facility will add further scale to the company’s consolidation and value-added services network for customers with growing global and regional sourcing needs.

The CFS is strategically located near major sea and airports around Ho Chi Minh City. It includes over 500,000 square feet of bonded / CFS warehouse space, 80,000 square feet of secured parking space easily accommodating 200 forty-foot trucks, and 170 loading and receiving bays, translating to approximately 170 trucks at one time. Besides being scale-efficient, transport time to international sea and airports will be equal or better than existing facilities around the city. The facility is also compliant with international standards for security and safety with environmentally-friendly features.

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Air Freight Slowdown Continues - Several Regions in Decline

Air Freight Slowdown Continues
The International Air Transport Association (IATA) released data for global air freight markets showing a slowdown in growth for air cargo demand in June. Air freight volumes measured in freight tonne kilometers (FTK) rose just 1.2% compared to a year ago. This is consistent with falling trade activity and weaker than expected global growth.

Regional performance varied widely. Asia-Pacific, North American and Latin American carriers reported year-on-year declines (-0.3%, -3.3%, and -1.6% respectively) while European carriers reported that markets were flat. This was offset by the strong performance of Middle Eastern (+15.3%) and African (+6.7%) carriers to keep growth in positive territory. 

The general trend of a weaker 2015 compared to 2014 can be seen in the half-year data. Air freight markets expanded by 5.8% in 2014; however year-to-date growth for 2015 stands at 3.5%.

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