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Gary Frantz is a contributing editor for DC Velocity and its sister publication CSCMP's Supply Chain Quarterly, and a veteran communications executive with more than 30 years of experience in the transportation and logistics industries. He's served as communications director and strategic media relations counselor for companies including XPO Logistics, Con-way, Menlo Logistics, GT Nexus, Circle International Group, and Consolidated Freightways. Gary is currently principal of GNF Communications LLC, a consultancy providing freelance writing, editorial and media strategy services. He's a proud graduate of the Journalism program at California State University–Chico.
For ocean carriers, 2020 will be a year of reckoning, as regulatory and market pressures force them to shelve expansion plans and slash costs. But over at the nation's ports, it's a different story.
2020 is shaping up as a uniquely challenging time for freight brokers and third-party logistics service providers. Those who can adapt may find opportunities aplenty.
Intermodal service providers are finding that last year's stellar performance is a tough act to follow, as they face down challenges ranging from China tariffs to aging infrastructure to softening demand.
With e-commerce-generated package volumes soaring, there is growth opportunity across the board for parcel carriers small and large. But success in this fast-moving market won't come easy.
The desire for committed capacity, reliable service, and predictable cost has created a surge of interest in dedicated and private fleets. That will change the complexion of trucking over the next five years.