摘要: |
BACK IN THE EARLY PART of this century, e-commerce rarely excited less-than-truckload (LTL) executives because of the way those deliveries used to be made-mostly to shopping centers and malls. It wasn't terribly efficient. It was costly. It was time-consuming. And deliveries to private homes were even worse. "Amazon and Wayfair changed all that," says Satish Jindel, principal of SJ Consulting, a firm that closely tracks the LTL industry. "E-commerce has been transformed, and the LTL industry is hitting on all 24 cylinders." LTL carriers are now doing-lots of "middle-mile" deliveries to warehouses for those online giants. And, as a result, they have become big, reliable customers to shrewd LTL carriers. "That business was always there, but LTL carriers are now managing it dif- ferently and pricing it smarter." Amazon and other e-commerce behemoths have become huge consumers of LTL capacity, and that has taken capacity away from LTL's "other half-the industrial economy. This fact has led to an economic revival of the LTL sector, where the top 25 carriers control 90% of the market. |