In many parts of the world, the transportation industry has been on the rise. Canada is most certainly no exception. From the transport of goods throughout the country itself to trade with the United States, the transportation industry of Canada, primarily when it comes to trucking, has needed to grow significantly in recent years just in order to keep up with the demand that has been placed on it. And with the growth of this industry, the use of tools like reverse logistics services and warehousing and distribution services and commercial logistics software has become necessary for many trucking companies and many transportation companies throughout the country.
The need for reverse logistics services and the like can be seen particularly clearly when we look at the demand for trade between the United States and Canada. Unlike with other countries, trade between these two nations can be done via truck, as the two countries share a border – one that is quite extensive, at that. In fact, trucking is the primary way that this trade is conducted, accounting for more than half (around two thirds, to be more exact) of all trade that moves from Canada and into the United States. Conversely, more than three quarters (eighty percent, to be more exact) of all trade coming from the United States and into Canada passes through the two countries with the help of the trucking and transportation industries of both nations, both of which have grown in recent years (and are likely to continue to grow in the years that are to come).
With the trade between these two countries so very important, it’s also critical that the transportation industry of Canada itself operates as smoothly as possible and with as few hiccups and problems as can be managed. Fortunately, the use of reverse logistics services is growing and these reverse logistics services, when properly implemented, can make a big difference in the monitoring of the transportation industry. Even just for the distribution of goods throughout Canada itself, reverse logistics services have become truly more important now in our current year and age than ever before in the history of not only the transportation industry but of the delivery of goods as well.
Much of this can be directly linked to the growth of commerce, something that all transportation companies Vancouver and beyond have had to adjust to. With e-commerce already at a global market value of more than $400 billion and set to rise, the way that people shop has been changed forever. After all, online shopping is time effective and incredibly easy. It’s also often cost effective as well, making it an alluring option for many and necessitating things like reverse logistics services and warehouse spaces such as warehousing for food storing more than ever.
And all of this transport of goods has payed off financially for the transportation industry of Canada. In fact, this one industry for this one country is actually set to only climb in overall value. Already, it is worth as much as $65 billion and has contributed significantly to the economy of Canada. One way that it has been able to do this is through the creation of jobs.
Already, up to 400,000 – very nearly half of a million – people are employed in various capacities throughout the transportation industry of Canada. By and large, these people are employed as truckers, as truckers number more than 200,000 at the current date. Truckers have been given a decent living wage thanks to the growth of e-commerce and the transportation industry alike, an industry that is only likely to become better in the years that are to come, as up to two billion dollars will be invested in transportation infrastructure over the course of the next decade alone, let alone in the years that are to follow it. Thanks to this investment, trucking and transportation services are likely to become more efficient as well as more cost effective than they have ever been before, a feat that will continue to change the way that Canada transports goods, as well as the frequency of this transport too.