July 20, 2017

What does the sharing economy mean for logistics?

Semi-trailer trucks crossing a high level bridge in British Columbia
Copyright: skylightpictures / 123RF Stock Photo

The sharing economy has already revolutionized how people travel between places – and now it’s beginning to transform how goods are transported.

Seven years after launching its car ride services, Uber is spreading into carrying freight – a sign of the major changes shaking up the logistics sector. After a soft launch in Texas a few months ago, Uber Freight is now rolling out in other parts of the U.S. It offers attractive seven-day payment terms to drivers as well as the use of an app which could enable them to carry a full load all the time, rather than making empty return journeys. In theory, this should increase the capacity of trucks – even though these vehicles already carry 70 per cent of goods transported in the U.S ., according to the American Trucking Association.

But Dr Walter Kemmsies , Managing Director, Economist and Chief Strategist for JLL’s U.S. Ports, Airports and Global Infrastructure Group, sees the Uber Freight move as a symptom of an overhaul in logistics rather than as being the catalyst for revolution by itself. “Its entry into the market is part of the e-commerce boom we are seeing in industrial real estate,” […]

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The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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