One of last year’s biggest transportation and logistics trends was a steep drop in costs. Low oil prices were a boon to the freight industry. Reduced costs led to a greater market for Canadian exports, ultimately driving economic growth. In 2017, oil prices are set to rebound. To stay competitive on the world stage, Canadian businesses will need to reevaluate and refine their supply chains, and streamline their approach to delivering goods and services.
As the second largest country in the world, Canada has long been recognized as a transportation leader. To keep Canadian exports flowing smoothly and deliver goods to all of Canada’s far-reaching communities, Canadians rely on the expertise of the logistics industry. Despite the emergence of automated technologies (such as Amazon’s dabbling in a drone delivery program) there is no reliable replacement for skilled logistics workers.
Another noteworthy shift in the logistics and transportation sector is the dominance of ecommerce and online purchasing. Online shopping has become a way of life for Canadians, with more than three quarters of the population indulging in the practice over the past year, spending over $136 billion. All these online purchases have to be delivered, which is where the logistics industry steps in!