The warehousing industry has grown significantly over the 5 years in Canada, particularly due to increases in consumer spending and manufacturing output. The rise in popularity of online retailing continues to offer golden opportunities for developers of warehousing and logistics businesses. This is all positive news as one cannot grow without the other and overall it is boosting Canada’s economics.
Looking to the future, the trend remains positive. With consumption of goods being a key driver for demand, warehousing providers will highly benefit from the ascending momentum of e-commerce over the last five years paired with predications of an incredible growth approximated to be over 150% in the next five ones.
E-commerce revenue in Canada is forecasted to surpass $25 billion by 2020. This surge is creating tremendous opportunities for improving supply chain processes. A fundamental aspect for any business is making sure that the right amount of inventory is located in the right place and at the right time. Taking into consideration that Canada is the second largest country in the world, that is not a small responsibility. This is exactly why businesses should partner with warehousing providers with strategic locations throughout the country and even beyond to ensure their products are distributed as vastly as possible and within budget and timeframe. A good example is Reliable Transport Link (RTL). RTL, one of North America’s largest intermodal transport container carriers that also provides warehousing services across Canada and the U.S. have been offering a wide range of benefits to their clients for years. These include comprehensive inventory tracking, ongoing cycle counts, customized warehouse cargo solutions, annual physical inventories and more.
Much like RTL, many logistics providers are now moving toward a so-called “distribution centre bypass” solution, which allows them to store shipments and then send them directly to their end destination. This is utterly important especially when e-commerce giants are driving a need for more storage space in cities and consumers are demanding quick online deliveries.
One aspect to bear in mind is the geographical constraints such as mountains and water. This where intermodal transportation adds extra value. Intermodal freight transport means multiple modes of transportation (e.g., rail, ship, and truck) which is a great solutions in rural areas where access is restricted and warehousing is impossible.
Besides this, the transportation and warehousing sector in an important driver in Canada’s economy, equating for almost 5% of the country’s GDP back in 2016. The industry has been seeing a constant growth which seems to be almost double than the growth rate of all other industries. It’s also extremely essential in creating and maintaining jobs. Back in 2016, over 897,000 people were employed in the transportation and warehousing industry.
All of these trends go hand-in-hand and they highly depend on each other. However, just like we have witnessed in most of the booming industries, it is vital to know which warehousing services to choose to avoid the many risks associated with this.
Company Name: Reliable Transportation Link
Contact Person: Walter
Email: Send Email
Address:6201 Highway 7 West, Unit #2
State: Ontario L4H 0K7