Oracle Logistics’ Director: Freight Tonnage To Grow 23.5% In 10 Years

With the total U.S. freight tonnage expected to grow 23.5 percent in the next 10 years, managers need to determine the most efficient ways to ship orders by deploying the most economical fleet resources.

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Without access to a broader order pool, it’s very challenging to ensure that resources are being deployed in the most effective way possible—leaving a company at risk for overextended fleets or fleets that make too many unnecessary empty return runs, according to Srini Rajagopal, senior director, Logistics Product Strategy at Oracle, according to Profit, an Oracle publication. While trucking is the dominant mode of freight transportation in the U.S. (accounting for approximately 69 percent of the freight tonnage in 2013), companies also rely on trains, planes, and ships to get items to their final destinations. And with the total U.S. freight tonnage expected to grow 23.5 percent in the next 10 years, managers need to determine the most efficient ways to ship orders by deploying the most economical fleet resources. Additionally, increasing regulatory oversight (particularly in the U.S.) is adding new complexity to this critical transportation sector.

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