Supply Chain Now
State of Freight 2025: What Lies Ahead
Feb 5, 2025
In this insightful discussion, Lee Klaskow, a Senior Analyst at Bloomberg Intelligence with extensive expertise in transportation, and Brian Oxley, Co-founder of Vector Global Logistics with a passion for impactful logistics, tackle the pivotal trends shaping freight by 2025. They cover the emergence of zero-click logistics, the role of automation in ports, and the challenges of freight theft and geopolitical tensions. Their analysis also highlights the dynamics of air, ocean, rail, and truckload sectors, emphasizing the necessity of nimbleness in an evolving landscape.
44:40
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Quick takeaways
- The freight industry is grappling with significant challenges, including theft and geopolitical tensions, impacting shipping efficiency and volumes in 2024.
- Automation and optimization strategies, particularly in railroads and ports, are essential for adapting to evolving economic conditions and freight demand.
Deep dives
State of Freight for 2024
The freight industry faced significant challenges in 2024, marked by an increase in freight theft and geopolitical tensions, particularly concerning the Red Sea conflict that disrupted shipping lanes. Analysts noted that overall freight volumes were disappointing, with the market experiencing a prolonged recession lasting two and a half years. However, some signs of recovery were emerging, with the spot market showing potential improvements. The industry is closely watching inflationary pressures and how they affect shipping companies like Maersk and Costco.
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