When the world gets smaller: transportation in times of omnipresent globalisation
Recently, the transport sector witnessed a noticeable upswing through cheap oil: with a total volume of 4.5bn tons transported, 2014 was a record year for Germany’s freight sector. Around 3.5bn tons were transported by truck, 365m tons by rail, 301m tons were shipped through maritime transportation and 229m tons on inland waterways.
Historically, the transport sector’s structure and the volume of the industry’s transactions were in particular influenced by technological developments. Today, the technological backbone is relatively stable, which results in highly distinctive planning security. However, players in the transportation sector have to manage the implications of progressing globalisation and also deal with increasingly complex macroeconomic and regulatory frameworks.
At the same time, topics like corporate social responsibility and environmental sustainability are increasingly important for market participants: around 25% of global greenhouse gas emissions are created by the transport sector. Protection of natural resources and development of savings potential in fuel consumption are topics of increased concern. The industry is dealing with these issues - also with the help of external advisors.
The team of PJSC advises the transportation sector’s different players in market analysis, financing and process optimisation. Our clients benefit from our holistic consulting approach, which is characterised by steady knowledge transfer of our industry experts and quick implementation rates.