Tuesday, February 11, 2020
Express Delivery Sector Essay Example | Topics and Well Written Essays - 1500 words
Express Delivery Sector - Essay Example The performance of the transportation sector ââ¬â as the broader area in which the express delivery sector operates ââ¬â has been examined; it is assumed that the specific sector is quite competitive ââ¬â for this reason it would be appropriately managed in order to increase its attractiveness towards the potential investors. The use of the appropriate CSFs would help the firms of this sector to keep their competitiveness at high levels, despite the market turbulences. 1. Structure of the ââ¬Ëexpress delivery sectorââ¬â¢ within the wider freight and transportation industry ââ¬â evaluation whether this is an attractive sector to compete in. In order to understand the position and the performance of the ââ¬Ëexpress delivery sectorââ¬â¢ within the freight industry, it would be necessary to refer to the characteristics and the performance of this industry ââ¬â as presented in the relevant literature. The freight industry is an extremely powerful sector; often, the practices of this sector are criticized as of their opposition with the international or the local legal rules. An indicative example of such case is the violation by the truck manufacturers of the anti-trust laws ââ¬â reference is made to Britain. Such cases, related to ââ¬Ëair cargo carriers and freight forwardersââ¬â¢ (Handy Shipping Guide 2010), have been developed in Britain. Despite the problems related to its activities, the freight industry is an extremely powerful sector, having the power, if appropriately monitored, to support the growth the economy. In accordance with a series of statistics published in 2007, ââ¬Ëthe amount of fr eight lifted in 2007 (1,869 million tonnes) was three per cent above 2006 (1,813 million tonnes)ââ¬â¢ (Department of Transport 2007).... In other words, the industry has managed to stabilize its growth ââ¬â despite the global crisis. The above fact is highlighted in a relevant report of the European Commission; in the above report emphasis is given on the increase of the ââ¬ËEU countries who invested on road freight transport in 2005-2007ââ¬â¢ (European Commission 2008) .The potential of the industry to keep its competitiveness at high levels should be taken into consideration when the performance of the express delivery sector ââ¬â as part of the freight sector need to be measured and evaluated. Moreover, the competitiveness of the freight industry would also lead to the increase of the competitiveness of the express delivery sector; therefore, the evaluation of the attractiveness of the industry would influence the attractiveness of the express delivery sector. Indeed, the trend for continuous growth in the freight industry seems to reflect a relevant trend in regard to the express delivery sector. The above view is based on a report referring to the importance of the express delivery sector for the economy of East Midlands; it is noted that ââ¬ËThe express industry directly employs over 4,700 people in the East Midlands; Its contribution to regional employment is expected to rise to almost 16,000 by 2014ââ¬â¢ (Oxford Economic Forecast, 2006). The Institute of Transport Management presents a similar viewââ¬â published in 2007; in the relevant report it is sated that the express delivery sector is expected to benefit the British economy by approximately 5 billion each year ââ¬â reference is made to a long term period, of approximately 20 years. On the other hand, Thompson (2007) notes that the performance of the freight sector is depended on indicators which are not standardized; for
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