Although the demand for shipping services throughout the US cooled a bit in 2022, the whole situation in the market remains positive. Numerous reports on the results of the work of the largest brokerage and shipping companies show the constant growth of the industry, even though the rates remain quite moderate in this segment.
The main trends in the logistics industry in the US are as follows:
- The list of the largest businesses involved in the logistics industry remains stable and provides no changes. At the same time, small businesses involved in transportation and shipping processes are growing constantly, and Simplestlogistics is no exception to this list.
- As for the gross revenue, the example of the US largest operator, C.H. Robinson Worldwide is illustrative to depict the complete trend in the industry. The company increased its gross revenue from $14.5 billion in 2021 to $15.8 billion in 2022. This trend refers to most companies engaged in freight brokerage and logistics.
- The warehousing business tends to restore its impact and overreach it compared to pre-pandemic times. In 2022, the supply chain disruption caused by the pandemic tends to diminish and as well the demand for warehousing services which boosted in the e-commerce segment in recent years has stayed high. This helps warehousing businesses to stay afloat and scale up.
- Companies which provide dedicated contract services in the logistics niche are growing in 2023. As the stats say, they expand the size of their fleets and improve the operation to make the whole shipping process easier and faster for customers in order to keep the palm.
- Automation remains one of the most impactful trends in the industry. Due to the shortage of labor expenses which were driven by pandemic issues, automation has become a must for the industry and its solutions help companies engaged in logistics to make their operation streamlined and remove multiple drawbacks.
The entire results in the logistics industry enclose bright prospects for both shipping operators and their potential customers. Thus, we are glad to boost our services and stay consistent with the trends.