2014 will not see much growth in freight volumes:

DB Schenker

Year 2013 was a mixed bag of cheers and tears, but Year 2014 may be considered as the year for the logistics company. The upcoming year looks to be a decent one for the local logistics industry. As the economy continues to recover from the Great Recession, the transportation industry will continue to feed off of the slow but steady recovering manufacturing and retail markets. Specifically, the trucking and rail companies can expect more moderate growth than the air cargo and water cargo.

Mr. Reiner A Allgeier, Managing Director, Schenker India says, “As we look to forecast what 2014 will hold for the transportation industry, it’s is equally important to consider what the year will hold for our city and country economically. It is important to remember that the transportation industry is driven directly by the success of retail and manufacturing. This being considered, taking a look at the global, national, and local economy becomes an imperative step in forecasting our transportation will fare in the coming year”.

The outsourcing trends will continue bye the companies to focus on their key business and giving the warehousing and distribution activity to a service provider like Schenker because there is a continued demand for value added services.

Development in supply chain are influenced by what customers need and want and the major concerns are associated with short-term availability, cost, and assuring the continued flow of goods and services. 2014 will not see much growth in the freight volumes (air / ocean) but Contract Logistics will continue to grow on a rate of 10 – 15%.