Despite the Rapid Growth of Giants Like CH Robinson Worldwide, BAX Global and EGL, the Freight Shipping Services Industry Remains Highly Fragmented and Local.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c36450) has announced the addition of "Freight Shipping Services - Industry Profile" to their offering. About 16,000 companies in the US provide freight shipping services, with combined annual revenue of $18 billion. Despite the rapid growth of giants like CH Robinson Worldwide; BAX Global BAX Global is an international shipping company that is headquartered in Irvine, California, and has other major offices in Australia, Singapore, London, The Netherlands, and Toledo, Ohio. (a unit of Brinks); and EGL EGL Enterprise Generation Language (IBM) EGL European Gemological Laboratory EGL Elegant Gothic Lolita (Japanese fashion) EGL Energy Grade Line EGL Eagle Global Logistics, Inc. , the industry remains highly fragmented and local. The typical freight shipper SHIPPER. One who ships or puts goods on board of a vessel, to be carried to another place during her voyage. In general, the shipper is bound to pay for the hire of the vessel, or the freight of the goods. 1 Bouv. Inst. n. 1030. operates a single office with less than $1 million in annual revenue and six employees. Large firms with more than ten offices account for about a third of industry revenue. The typical large firm has 25 offices, $50 million in annual revenue, and 400 employees. Industry revenues are strongly affected by national and international economic conditions. Companies' profitability depends largely on volume, since many office costs are fixed, but also on efficient operations to minimize fuel costs. Small companies can compete effectively with large ones because there are few economies of scale in local booking offices booking office n. Chiefly British A ticket office. booking office n (BRIT) (RAIL) → despacho de billetes or . Revenues per employee are about $120,000 at both large and small firms. Companies that provide freight shipping services are either fully-integrated carriers, like Menlo Worldwide Menlo Worldwide is a global supply chain company based in San Mateo, California which operates in approximately 14 countries worldwide. Its core business offerings include 3rd-party logistics and 4th-party supply chain management. and BAX Global, that own truck, rail, air or ocean assets, or assetless freight forwarders An individual who, as a regular business, assembles and combines small shipments into one lot and takes the responsibility for the transportation of such property from the place of receipt to the place of destination. , like Robinson and EGL, that arrange shipments and local pickup through independent carriers. Freight forwarders often provide greater flexibility and lower price than integrated carriers, which specialize in carrying large volumes on fixed schedules over predetermined pre·de·ter·mine v. pre·de·ter·mined, pre·de·ter·min·ing, pre·de·ter·mines v.tr. 1. To determine, decide, or establish in advance: routes. These easy-to-use, quarterly industry profiles provide you with the industry analysis you need to better understand any particular business. They synthesize To create a whole or complete unit from parts or components. See synthesis. information from hundreds of sources into an easy to digest format, giving you invaluable information about your target market, highlighting critical industry statistics and issues, changes that have taken place since the last quarterly update and key concerns that can have negative or positive impacts on investments. Utilizing the financial and forecasting data while simultaneously learning from educational business overviews can help you and your customers plan more effectively and invest wisely. These industry reports will educate your sales team on critical industry trends in target markets, empowering them to create more strategic proposals. These industry reports are also essential for professional organizations that want make savvy, educated business decisions. Key topics covered: - Industry Overview - Quarterly Industry Update - Business Challenges - Trends and Opportunities - Call Preparation Questions - Financial Information - Industry Forecast - Website and Media Links - Glossary A term used by Microsoft Word and adopted by other word processors for the list of shorthand, keyboard macros created by a particular user. See glossaries in this publication and The Computer Glossary. of Acronyms For more information visit http://www.researchandmarkets.com/reports/c36450 |
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