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In our continuing series of discussions with top supply-chain company executives, Marc Althen discusses discusses Penske's role as a third-party logistics service provider and the market outlook for 2020.
While shippers struggled to keep pace with tight capacity and rising rates in 2018, many of those pressures are starting to ease, says 30th annual State of Logistics Report.
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.
Penske Truck Leasing has replaced its manual vehicle inspection process with voice-directed technology that is improving fleet inspection and repair accuracy, while delivering more uptime to customers.
Truckers seen taking share from rails as technologies drive down costs, improve service, annual report says; transport, inventory costs climbed well above inflation in '17, it adds.
