Showing posts with label Logistic Market Research Report. Show all posts
Showing posts with label Logistic Market Research Report. Show all posts

Monday, May 28, 2018

Poland – The New European Logistics Hub: Ken Research

Introduction: Recent research indicated in Market Research Reports for Logistics has shown the growing popularity for Poland in the European Logistics market. Market research estimates that Poland is soon to become one of the biggest logistics hubs, if not the central one in Europe. Increasing levels of economic prosperity in several growth economies like Belgium and Spain combined with the recent improvements in the Greek economy have had a widespread effect positively impacting the economies of other countries through external trade. The growing prospect in trade has caused a major boom in European logistics with investment into warehousing toppling USD 18.5 Billion. There is no let up in the demand and investor interest into the European markets which has caused prominent growth in Logistics, Warehousing and Freight Forwarding services across several countries. Although there is increasing investment across several regions in the European Union, one that takes the focus is the growth of Poland
Market Evolution: The market for logistics in Poland is experiencing a massive increase. Poland has a favorable location being a region in the middle of Eastern and Western Europe allowing it to act as a flow corridor for trade across Europe. Increased participation from foreign industrial players is also a major growth driver. China’s Cosco is launching an additional weekly feeder service between its Polish hub and Helsinki, Riga, Latvia, and Klaipeda, Lithuania, alongside its current service linking Rotterdam and Gdansk with St. Petersburg and Kotka, Finland. Gdansk’s bid to become a European hub was sealed when the leading ocean carriers opened it up to direct calls from Asia, replacing feeder shipments from Rotterdam, Hamburg, and Bremerhaven. Poland also wants to link up with Beijing’s Belt and Road project in a bid to become an import hub for Chinese exports. Poland’s truckers have impacted the market heavily hauling more than one-quarter of the EU’s cross-border freight traffic and accounting for about 30 percent of its ballooning cabotage market. The country’s logistics pull was highlighted by the decision of Zalando, a Berlin-based online fashion group, to invest USD 178 Million in a 1.4 Million square foot warehouse in Gryfino, a Polish town just more than a mile from the German border that will export clothes and shoes to Poland, Germany, the Nordic/Baltic region, and beyond. And transport investment is gathering pace, with the European Investment Bank earlier this month agreeing to USD 758 Million  financing to improve Poland’s rail links to its ports, building on some USD 3.15 Billion  of EU structural funds to improve its port infrastructure.
The Gdansk Port Authority is talking with potential private investors for the construction of a new universal port costing between USD 1.7 Billion  and USD 2.5 Billion , the state rail infrastructure company is improving cross-border freight connections with Ukraine, and the Belarus and the Polish government’s plan to spend up to USD 9.34 Billion  on a new airport between Warsaw and Lodz linked to the national rail network with the aim of establishing a multi-modal Central European logistics gateway. One of the most important challenges that Poland will face in the coming years is to further increase road throughput that is why the biggest portion of EU funds in the 2014-2020 perspective, i.e. USD 26 Billion or 27.8% of total EU funds allocated to Poland in that timeframe, will be spent on transport infrastructure. The country also plans to build 1800 new roads by 2023, mainly national roads and expressways. So far, thanks to EU support, the national system of high-speed roads tripled between 2004 and 2013. However, not all funds will be spent on the development of the road network: Poland wants to spend over USD 18 Billion on railway infrastructure in the frame of the government railway program. Another USD 1.7 Billion will be spent in 2014-2020 on maritime transport. This would mean an increase of over 2.5 times compared to the 2007-2013 perspective. In the frame of maritime transport investments, the container terminal in Gdansk will increase its capacity to 4.5 Million TEU (twenty-foot containers) from 1.5 Million TEU at present. About USD 350 Million will be directed to investments at Szczecin and Swinoujscie ports.
Conclusion: There are several reasons that Poland is experiencing significant growth in its Logistics sector. One being its strategic location. Another major factor is the increased investment and the growing level of favorable supply to match the demand as labor charges and increasing road infrastructure is improving the transport scenario for Poland. The country is expected to become a major logistics hub globally in the coming years and there is an increasing interest from foreign parties to gain on this trend for more effective logistics operations, at least in the region of Europe which is an explanation for the level of investments being made into Poland.
Key Factors Considered in the Report:
Logistics and Shipping Market Research Reports
Logistics and Shipping Industry Analysis
Market Research Reports for Logistics
Logistic Market Research Report
Logistics and Transportation Market Research Reports Consulting
Logistics Business Review
Logistics and Shipping Industry Research and Market Reports
To know more, click on the link below:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Thursday, May 17, 2018

The Real Cost Of Cargo Loss: Ken Research

Introduction: Supply chain strategies are rapidly evolving to provide customers with faster delivery of their products with minimum additional costs that need to be incurred by Logistics suppliers for the purpose of maximizing supply chain value. This is important as there is an impending need for efficient delivery of products which are time bound and critical for important operations such as chemicals, food and beverage products and medicinal supplies. One major factor that has not been addressed well enough which is a major reason for increasing costs of goods is the damage to cargo. While most see the cost of damaged cargo as the total retail value of the cargo, this is a very binary way of looking at the situation.
Market Scenario: Industrial research has calculated that cargo losses have topped USD 55 Billion as of 2015 based on Logistics and Shipping Industry analysis, with theft for that year leading to a loss of USD 22 Billion. The threat of theft has been prominent mainly in poverty entrenched economies, South Africa has seen a 30% increase in the amount of truck jacking for the year 2015. Global cargo theft is expected to increase by USD 1 Billion. The damage that occurred from natural disasters from the preceding 5 years lead to another USD 33 Billion loss in damages and unsalable goods led to a loss of approximately USD 5 Billion for the grocery industry in the year 2014. The impending argument shows that ineffective care of the goods has led to major losses for the logistics industry. Aside from these natural threats, an increased threat to cargo safety has been the impending influence exerted by terrorist activities which have led to losses in the billions. Aside from terrorism, theft and nature, another major participant in losses for logistics and manufacturers has been the warfare situation in third world economies causing a loss of about USD 700 Million to Jordanian trucking in 2011 alone, unfair wage practices leading to a 58% increase in strikes in China for the year 2015 causing another loss of USD 27 Million to the footwear industry in China.
Implication: The damage caused due to cargo is one of the most important reasons manufacturers raise their prices and logistics costs increase. The loss of goods is not just calculated as the retail value of the goods; the major issue with that method of calculation is that the opportunity cost of the goods is not taken into account. Lost goods for the manufacturer play a major role in the bottom line of the company and the damage is calculated based on the extent of margin the company operates on. For example, a company working on a 10% profit margin losing USD 1,000 worth of goods would have to have an increase in sales by USD 10,000 to offset the loss of the goods and while this is the immediate impact to the manufacturer, the lost goods represent lost sales for the manufacturer and lost revenue for every stakeholder in the manufacturers value chain, aside from damaging the brand value of each stake holder in the value chain as well. The long term effect leads to losses of customers and therefore, sales for the members of the value chain. This need to recover revenue leads to higher prices for goods causing inflation thereby worsening the economy.
Carrier Liability: While a majority of manufacturers believe the system of carrier liability works as the insurance for their goods that are transported, this system has a major flaw. For a customer using a carrier to transport goods they would have to prove negligence on behalf of the carrier, which is often hard to do. Secondarily, there are statutes which exist to cap the extent of liability, thereby protecting carriers in case of serious damage occurrence. Generally, an ocean carrier is only responsible for up to USD 500 per container. International air carriers generally have a minimal limit (e.g. USD 0.50 per pound). Trucking company carrier liability is also at very low rates per pound, sometimes as low as USD 5 per pound, but often up to USD 25 per pound, as specified in the bill of lading and their tariff rules
Conclusion: The rapid increase in the prices of goods that cause consumers to either abandon the product or face financial burden is a cause of multiple factors but one of the primary causal factors is the requirement to compensate for lost cargo. This is a problem that is plaguing every industry in the logistics sector and requires immediate attention.
Key Factors Considered in the Report:
Logistics and Shipping Market Research Reports
Logistics and Shipping Industry Analysis
Market Research Reports for Logistics
Logistic Market Research Report
Logistics and Transportation Market Research Reports Consulting
Logistics Business Review
Logistics and Shipping Industry Research and Market Reports
To know more, click on the link below:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Wednesday, May 16, 2018

Artificial Intelligence in the Logistics Sector: Ken Research

Introduction: The logistics sector is a highly volatile and cost heavy sector involving a large number of fixed costs involved by companies looking to control end to end function and value production of the supply chain and is high in variable cost for companies looking to use contracted services for their supply chain operations. The direct delivery and last mile delivery component of any supply chain is the most tasking in terms of costing resources and the overall costs are high for specialized warehousing, air based freight and for land based freight based on Logistics Business Review. The other categories of cost though lower than the above indicated factors still end up being a major contributor to the expenses of a business and could lead to major loss if the operational resource requirement is not accurately analyzed. The need for accurate prediction has led to the explosive popularity of data analytics in the field of logistics and supply chain based operations. The application of analytics is also for prediction of need for warehouse space, transportation services, fleet requirement, order prediction and customer satisfaction which helps gauge brand value. All of the above pieces of information can be calculated accurately in a time and cost effective manner using Artificial Intelligence.
AI: Artificial Intelligence or AI is simply the application of computers to scenarios which would require human intelligence. The increasing demand for artificial intelligence has been due to reduced transistor prices reducing the cost of computational power and the advent of new chips such as Google’s TPU (Tensor Processing Unit). These specialized pieces of hardware are capable of the computational power needed for AI based systems to utilize computers for the tasks which are tedious and difficult to achieve through human labor. Another big factor requiring machine thinking capability rather than a human‘s is due to the recent explosive adoption of big data technology. Big data allows machines to reveal insights which may not have been visible before by analyzing large blocks of data and using predictive analytics, assisting companies make a decision on the implementation of their resources as well as the estimation of the level of profitability from operations.
AI and Supply Chain: The integration of Artificial intelligence into the supply chain can have a variety of benefits for different aspects of the logistics process. There are roughly 26 sub processes in logistics which can be impacted through the integration of Artificial Intelligence. AI can help with Omni Channel delivery, Package quality tracking, Process efficiency management, Cloud based logistics, IoT integration and functionality, Autonomous vehicles, Energy efficient logistics and more. The integration of AI in logistics allows for a long term reduction in cost post implementation of the system, paves the path for the introduction of automation and also allows for the minimization of operational error by removing human error. Adapting automation practices will lead to major increase in operational productivity in the short run and in the long run will lead to optimization of human resources as well, as the only jobs that will be handled by humans are the tasks where either the machine cannot handle the task at hand or in the scenario where employing a machine to tackle the task would be less profitable than to employ a human. The optimization of the human resource element and the ideal adoption of machines would lead to efficient space usage and effective reduction in payroll and human resources which is considered one of the major expenses of running an organization. The integration of artificial intelligence with IoT allows for effective real time collection of data, the application of analytics allows for real time analysis of data, integration of machine learning would allow the AI to learn to work on its own and to further develop the effectiveness and efficiency of the process. The potential game changing level of benefit seen in implementation of AI has led to companies like IBM and DHL working together to establish prominent presence of AI in the logistics business. Although the technology is yet to be fully industrialized, Artificial intelligence combined with automation is expected to be way of operation of the logistics companies of the future
Key Factors Considered in the Report:
Logistics and Shipping Market Research Reports
Logistics and Shipping Industry Analysis
Market Research Reports for Logistics
Logistic Market Research Report
Logistics and Transportation Market Research Reports Consulting
Logistics Business Review
Logistics and Shipping Industry Research and Market Reports
To know more, click on the link below:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Tuesday, May 15, 2018

Global Logistics Market: Is Autonomous the Future of the Last Mile: Ken Research

Introduction:  The global Logistics and Shipping Industry Research and Market Reports is forecasted to be worth USD 15.5 Trillion by the year 2023 with a CAGR of 7.5% for the period 2015-2024 and is forecasted to grow by volume with a CAGR of 6% for the same period. The introduction of ecommerce and express delivery coupled with the recent explosive growth in online industrial sales has led to a massive growth in the logistics sector. Although logistics is a high cost field, the major factor behind the cost is the cost of last mile delivery. Last mile delivery, on average accounts for 50% of the total cost of delivering a parcel. The last mile delivery is the biggest cost factor when considering the delivery of a parcel owing to high transportation costs leading to a significant amount of goods having a transportation cost higher than manufacturing cost. The increasing need for an effective last mile delivery option has led to the introductory integration of autonomous technology into the logistics sector.
The Technology : The integration of autonomous trucks and automated factories is an evolving trend in the logistics sector with many companies still using a high amount of manual labor for warehousing and logistics services. Although automated logistics is a long term solution which will have a while before implementation the recent trend in the logistics sector is the usage of Drones for last mile delivery. The concept which is driven majorly by an initiative for easier delivery and minimum costs by companies like Amazon, spearheaded by Jeff Bezos himself has been emerging to be the major solution to the high cost of last mile delivery. Approx. 90% of packages that require to be delivered are capable of being delivered via drones and future estimates predict that only 2% of packages will be delivered manually via bike messengers for express delivery. The Amazon prime air initiative expects that the drones would be capable of delivering a parcel 30 min within placement of an order owing to the drones being capable of travelling at speeds of up to 60 mph. A critical bottleneck currently being that the range of the drones is within a radius of 7.5 miles leading to any greater distance not being currently possible but the proximity is expected to improve with time. An increasing number of startups have begun focusing on implementing autonomous cars as well attempting to deliver higher payload packages with minimum effort using specially designed spatial navigation algorithms to help the vehicles track and plan the routes independently. The increasing emergence of the unmanned aerial vehicle segment has led to the Drone and unmanned aerial bot market to grow rapidly with the market for drones to be worth USD 17 billion by the year 2024. The market growth has led to increased participation with major aerospace companies looking to have their own autonomous electric aerial vehicle such as the Boeing CAV Prototype which was made public in January 2018. Aside from implementing UAV’s, As of March 2018, Amazon made public their patent, for integration of Drone technology and Autonomous trucks aiming to showcase the extent to which the e commerce company homes to automate the process of logistics and transportation. Market estimates believe autonomous vehicles will be making 80% of all deliveries by 2025. The impact that Autonomous cars have in this sector is also major with companies like Nuro investing around USD 1.5 million into their self driving cars used for last mile delivery. 
Opportunity: The growing need for last mile delivery technology has emerged as the biggest need in the logistics sector as well as one of  the major commercial areas  for the application of Autonomous vehicles. The competition is virtually nonexistent with heavy research and development costs and high innovation cycles antiquating technology faster than ever before. Companies like Nuro, Amazon Air, Starship technologies and more are working towards pioneering UAV based drone delivery with lower requirement for energy as energy requirements for drones become the biggest challenge towards implementing drone based last mile delivery at scale with the second major obstacle being the network proximity owing to high initial capital costs 
Major Markets: Rapid evolution of the market is prominent in the US and in European regions with a majority of focus being in the US. A major growing application area for the implementation of drone delivery has been e commerce in China which is the major factor behind growing demand in the Asia Pacific region expected to have a CAGR of about 7.5% for the period 2017-2021
Key Factors Considered in the Report:
Logistics and Shipping Market Research Reports
Logistics and Shipping Industry Analysis
Market Research Reports for Logistics
Logistic Market Research Report
Logistics and Transportation Market Research Reports Consulting
Logistics Business Review
Logistics and Shipping Industry Research and Market Reports
To know more, click on the link below:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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Tuesday, May 8, 2018

European Logistics Industry to Blossom via Futuristic Transition of the Economy: Ken Research

Logistics basically refer to the business processes that include management and movement of goods and services from the point of origin to the point of consumption. It is the core segment of supply chain management and generally involves a variety of services like freight forwarding, multimodal transport via air, ship, truck, and rail. It also deals with provision of customs brokerage, warehousing and storage, tracking, and tracing of freight goods services.
According to Logistics and Shipping Market Research Reports, the Logistics market in Europe is majorly split into- Contract Logistics, Transportation, Value-added Services and Warehousing. In 2014, the European logistics market was somewhere around 960 billion Euros in valuation wherein Germans logistics market accounted for the highest share, with a market size of about 235 billion Euros. The leading market players since then namely involve DB Schenker Logistics, Deutsche Post DHL, Kuehne+Nagel International AG and SNCF Geodis while some other prominent vendors in the industry also include ACP Freight Services, Agility, Alkomtrans, APL Logistics, AWT Group, Baltic Rail, and BDP International. These players have come a long way and have thereby managed to record much higher revenues as compared to what was generated in 2014 and even, the existing trends are all set to ameliorate in the years to proceed where all these players are foreseen to register massive revenues every year owing to spurring demands in the economy.
In Logistic Market Research Report, it has been discovered that there has been a rise in the overall demand for European Automotive and Auto Components Industries which in turn have led to a positive impact on the logistics of the continent. Also, the statistics have depicted a healthy increase in Logistics Outsourcing being implemented in the economy and furthermore, with developing numbers of outsourced operations in the future; the industry is expected to flourish beautifully and relish ever growing demands owing to the success rates that will continue surging due to increased efficiency and effectiveness.
Besides that, escalating innovations in technology have evidently marked their presence in our daily lives and logistics and supply chain industries are being impacted by all new technological upgradations and system changes, more than ever. Over time, the dynamism of globalization has transformed the logistics chain completely making it much more complex to be managed. Thus, the need for advanced IT solutions has arisen to cope up with the changing environment. Nowadays, several solutions have been proposed that have the ability to produce more traceability, visibility and transparency of orders and hence, the transport and logistics industry in Europe is anticipated to keep on developing. Even, the number of consumers who buy online has multiplied, over the years and associated to this; the innovative technology has now made it possible for the consumers to track their orders more easily. Tracking has showcased a growth in its importance and thus, most of the biggest companies have already started with the implementation of alert systems, which can inform the customers about the status of their orders.
Geographically, as per Logistics and Shipping Industry Analysis, it has been witnessed that imports and exports to Asia have prevailed significantly. This tendency has resulted in augmenting fragmentation in the orders today and consequently, an increase in the imports and exports of Europe has also been observed. In Europe, Germany has sustained its position and has been the largest occupier market in Europe owing to its resilient manufacturing activities and increasing demands from logistics providers. For the third year in a row, the German market yet again managed to reach the mark of 2.5 million m² threshold of transaction of warehouses taken up in mid-year 2017.  While during the same time, in France, demand for logistics premises remained robust to reach 1.56 million m² taken up; in the UK, the manufacturing sector reckoned for the largest share of take-up boosted mainly by the automotive sector since some key transactions took place at the outskirts of Birmingham; in  Spain, take-up amplified by more than 84% to reach over 660,000 m² ; and in the Czech Republic and Poland, e-commerce and distribution for retailers were observed to be the major demand drivers contributing to the holistic market growth. Cumulatively, the logistics market of this continent has boosted via the support of a favorable economic backdrop that has successfully been able to trigger exports, retail sales and associated consumer expenditure. These trends are further projected to show affirmative improvements in the long run.
According to the Logistics research report, the sales of major portfolios in Germany have managed to generate tremendous volumes of investments lately and further, the expectations across Europe in the forthcoming years point towards a good return particularly to the more average level of investments. Latest trends have depicted that Spain and the South Netherlands have recorded the highest growth in this continent in this quarter and the retail and e-commerce is all set to contribute largely to market growth in most European countries. Also, many acquisitions and alliances in the logistics and transport industry have been seen and are further expected to evolve rapidly while at the same time; major shipping companies are noticed as investing more and more in larger vessels such that the ultimate operational costs are reduced.
To know more, click on the link below
Related Reports:
Contact Us:
Ken Research 
Ankur Gupta, Head Marketing & Communications
+91-9015378249
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