The shipping industry is a huge deal not just in the United States, but across the globe. There are so many high-end businesses and corporations that utilize the shipping industry on a near daily basis. If it were not for the shipping industry, then companies like Amazon that send items to people’s homes would have to create their own forms of shipping.
Across the world, the LTL market is estimated at approximately $35 billion. For those who do not know, LTL stands for less than truckload. This is an important form of shipping is important because specialty freight services and trade show shipments handle their business. Keep in mind that a big part of trade show logistics involves shipping and moving items.
Trade shows are pretty popular, even though most people know very little about this type of business. However, there are people who visit trade shows nearly every month. This is why understanding trade show logistics is a big part of the United States economy and the world of business as well.
In 2013, trucking transported nearly 15 billion tons of cargo. The Bureau of Labor Statistics reports that by 2040, that number is expected to increase to 18.79 billion tons. When it comes to trade show logistics, not everyone knows the facts on the inside and the outside. This is why there are a few people who are experts in this field of work and they absolutely cash in.
According to Satish Jindel, president of SJ Consulting Group, length of haul has declined. Public truckload carriers report that the average length of haul has decreased 4% between 2011 and 2016. According to the U.S. Department of Transportation, the value of freight moved is expected to increase from $882 per ton in 2007 to $1,377 per ton in 2040.
Having access to the proper shipments and shipment workers is a huge part of properly managing trade show logistics. Nearly 12 million trucks, rail cars, locomotives, and vessels move goods over the transportation network.According to the Federal Motor Carrier Safety Administration, approximately 5.9 million commercial motor vehicle drivers operate in the United States.
E-commerce is basically any revenue that stems from online transactions. So if you are someone that buys internet items and has them shipped to your home, then you are engaging in what is referred to as e-commerce. Due to the steady climb of this type of revenue, the shipping industry and trade show logistics are making adjustments. this helps them meet the demands of the retail industry, which is at an all-time high.
The three most valuable commodities moved by the U.S. freight transportation system include machinery, electronics and motorized vehicles. Spending in the U.S. logistics and transportation industry totaled $1.48 trillion in 2015 and represented 8% of the annual gross domestic product.
Trade shows are held in conventions centers all across the United States. As of October 2016, there were 252 convention centers across the country. California and Florida had the largest number with 20 locations each, followed by Nevada which had 19. This is just one of many facts that can change how experts deal with trade show logistics.
In Conclusion
It is really important to understand that just because you are ignorant of certain aspects of the world, they still exist and are still incredibly important. Make sure you have some understanding of industries that you use often because they are important. This is why people who work with trade show logistics are absolutely important. These people help put together trade shows that get products to people who need them for business and other things.