What is the Future of Logistics?

What CEOs Say Behind Closed Doors, at the Invitation-Only BGSA Supply Chain Conference in Palm Beach

So what did we learn this year?

That said, the spread between winners and losers was significant.

Certain niche categories, like energy transportation, technology distribution and supply chain software, spiked 57%, 54%, and 47%. They were led by World Fuel Services (up 103%, accelerated by the UVAir fuel acquisition), Tech Data (up 76%), and Manhattan Associates (up 88%), respectively.

On the other hand, the freight recession punished the truckload sector, which experienced record bankruptcies including NEMF and Celadon. The category still performed well, generating a 26% return, led by PAM and Knight-Swift (up 46% and 43%). Yet the aggregate number masks a 30% drop from February to June, and a recovery in the second half of the year, as the market looks forward to a brighter 2020.

Similarly, the parcel sector increased by 17%. FedEx grew 16% from January-April, and then dropped 20%, largely due to the “conscious uncoupling” with Amazon.

Indeed, the gaps between individual winners and losers is striking, as noted below.

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