While there has been a lot of talk about the “Uberization” of trucking and tons of venture capital invested into startups which aim to provide affordable and convenient same day deliveries, you can be assured that the sharing economy won’t drastically alter freight hauling immediately, and Fedex and UPS are not disappearing anytime soon. However, Amazon will continue to affect the freight hauling business and things are expected to change. Here’s how:
What Exactly Is “The Sharing Economy”?
The sharing economy refers to on-demand companies aggregating demand online but seeing to the completion of that demand through offline service. These include on-demand ridesharing services like Uber and Lyft, where you use an app to get a ride-share, rather than using a traditional taxi service. If you have bought objects from individuals online, bought tickets from an internet reseller, or used AirB2B for lodging while traveling, you have taken part in the sharing economy.
What Does This Mean For Freight Hauling?
While these innovations are new and seductive, they are not a direct threat to freight hauling for a number of reasons. Namely, transporting items quickly in a one on one capacity offer low revenues for both the company and individuals, meaning it likely would not hold up well as a massive overhaul which makes freight hauling obsolete. Shipping things quickly requires a massive infrastructure which many startups don’t have and cannot afford to create or maintain. However, it will definitely change the freight hauling industry, it is just a question of how as it naturally evolves.
Get In Touch With Baltimore Freightliner Western Star Today
If you’re in the trucking business or are looking to discover more about commercial truck sales, call on Baltimore Freightliner-Western Star. You can call toll-free at 800-832-7278 or locally at 410-685-4474 or email us your questions and concerns at firstname.lastname@example.org. Does your truck need repair, maintenance, or service? Contact our service manager, Jessica Levine, at email@example.com.
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Tags: apps, sharing economy, trucking industry