LOGISTICS AFTER RECESSION-Hyderabad (137 views)

Many sources claiming that the worst economic downturn is now over and that the recovery may only few months away it is therefore an appropriate time to take stock of what is happening in the market with respect to the logistics industry. With the country having stable government one can expect the Indian government to make massive improvements in the road network and highways across the country and this will go a long way in boosting the logistics industry which is definitely making rapid strides towards economic development.
The transport industry has been taking the brunt of economic slowdown and is slowly picking up .The freight rates have now become stable and the carriers are able to increase the rates steadily, thus enabling them to have higher revenue and decent profits. The industry is going through a rapid phase of change with the customers looking for one stop solutions enabling the logistics company to equip itself with various services with the logistics industry such as transportation, fleet management, warehousing and 3PL etc.
The companies are making extra efforts in providing innovative solutions to its customers with its range of end to end solutions like packaging, labeling, primary and secondary transportation, delivery of goods and managing their warehousing to ensure the product reaches the end user along with many other value added services.
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