Itt Industries Case

Intermodal. Intermodal is the form of moving freight utilizing multiple modes of transportation. One of the most common is rail and truck. Typically, a trucking company will pick up a trailer or a container at a customer’s facility, take the product to a railroad intermodal yard to normally be shipped several hundred miles away (although shorter hauls are becoming more common) to arrive at another railroad intermodal yard to be unloaded and picked up by a trucking company to take the goods to the final destination. The nation’s railroads have focused on this segment of business in the last several years due to a sharp decline in hauling coal. Coal has always been one of CSX’s main sources of revenue. “Railroads wrung efficiencies out of their costs, and discovered that if you make even a little money on a lot of volume, you're soon talking big bucks.” (Frailey, 2011, p. 1) CSX has utilized their own trucking brand to deliver trailers from or to intermodal yards cutting out the additional company in many instances. In this segment of the business strategy, CSX was behind its competitors. The main competitor is Norfolk Southern which operates in the eastern United States just as CSX does. The reason that this information is important is due to investments in infrastructure. Many people do not know that generally the railroad have to fund most of their track maintenance and improvements out of their

Over the last two decades, the telecommunication market has undoubtedly been amongst one of the fastest growing markets. Telecommunications, by definition, is anything that allows communications over a distance. The industry has diverged into developing many more discrete mediums for which we just to communicate. As demand grew, the number of companies that developed and sold telecommunications devices grew as well and meets almost every imaginable demand and niche available in the market. The telecommunications industry gains its value by network externalities. There is little value when only one or two people have the capabilities so it’s crucial that telecommunication firms reach as many customers as they can. Instead of just having a two-way exchange, technology allows us to have telecommunications networks, which is why telecommunications is considered a network industry, that can simultaneous transfer data and information to as many places in just a few seconds. This is applicable to consumers, governments, and militaries. However, for focus’ sake, this paper will hone in on consumer grade telecommunications. Today, companies are churning out multifunction and multitasking gaming television consoles, smart phones, computer tablets as fast as consumers can buy them. The competition isn’t just limited to who can produce the most advanced piece of technology, but also expands to which company can do it the cheapest and win the biggest percentage of the consumers in the

Currently, the company is a global giant, in terms of its ability to move goods. Also, the company is highly visible and easily recognized. Over the years, it has become the world’s biggest package delivery company. However, it has also evolved to offer many other offerings and services. On a daily basis, the company operates and manages how goods and information are shipped throughout the world.

While I will use transactional leadership to focus on clarifying employees’ role task requirements and providing followers with positive and negative rewards contingent on performance. In that case I will take time to find qualified people through interviews and resumes, then I will ask for drivers and bank statement in order to find the person who can be trusted with the accounting and budget. I will check on background for qualification , and if their is any violation.

In 2009 FedEx launched a multimillion –dollar campaign aimed at its rival UPS, “Why is mega-corporation UPS trying to use its political clout to get a bailout from the U.S. Congress, leaving you to pay the tab”. Rival UPS calls FedEx the only company in the transportation industry with ‘ground’ employees covered by a railroad and airline law. Most of the forces are from moderate to low besides the threat of intense rivalry which signals that this is an attractive industry to be within.

The threat of new entrants are low. On a local level, there are very little barriers to entry into the transportation industry. Access to distribution channels are freely available and there is little degree of product differentiation as smaller companies fight in low-cost strategies. Still, at the regional, national and global scales that Ryder Systems operates in, the difficulties of entering the logistics and transportation industry become apparent. The

In 1996, “Businesses and individuals spent $16-17 billion on expedited shipments within the United States” (1). Since then, shipment volumes have only risen, at a rate of “15-20% per year for the past decade” (2). Companies in the industry provide an express delivery mail service; however, services are not limited to physical delivery. In addition, companies provide tracking and warehousing services, as well as shipment-related logistics consulting. The market is dominated by three main competitors: FedEx, UPS, and Airborne Express. Together, these three companies hold upwards of 85% of the market share. Using Porter’s five-force analysis, we can identify the illicit reasons behind the relative attractiveness of the

In order for an organization to be more competitive, it’s imperative for them to stay abreast of the latest technology. “The early 1990’s marked the start of another era of change at UPS (United Parcel Service of America inc, 1994).” Technological Change was necessary to accommodate the increased volume of packages. This paper will explore the challenges faced by the business along with the network functionalities and the benefits that the changes in technology contributed.

In order to provide a schematic response to this question, we return to the structure used to provide an answer to question one, being the four purposes of planning and budgeting processes.

Ms. Regina Li shared a lot of insights within the logistics and transportation industry and how they manage a sustained product and service platform for shippers, a sustained business models for logistics & transportation service providers, the long-term viability of a business model where companies, shareholders, customers,

In past surveys, 3PL users have clearly indicated their preference for one-stop 3PL shopping. However, as potential buyers have increased in size through sales growth, mergers and acquisitions, and international expansion, the scope of service offerings and geographical coverage involved in many recent 3PL contracts has made it increasingly difficult for one provider to meet those requirements (Gooley 2002). This makes the management of 3PL relationships more complex, and it requires effective cross-corporation management skills to realize the potential benefits of such relationships (Bowersox, Closs, and Stank 2003). 3PL Services Used Fortune 500 manufacturers use a wide variety of 3PL services. The typical user buys multiple logistics services from their provider(s). The range of services used by this year's users is shown in Table 1. The table also includes similar data from the three most recent surveys. As shown, respondents indicated that the most frequently outsourced logistics functions in 2003 were freight payment services (72 percent), shipment consolidation (66 percent), direct transportation services (62 percent), customs brokerage (62 percent), warehouse management (60 percent), freight forwarding (53 percent), cross-docking (53 percent), carrier selection (51 percent), and tracking/tracing (51 percent). The usage rates reported in most categories increased since last year's survey.

This paper explores how telecommunications started in the 1800’s and how we have developed this technology in the United State and other countries around the world. It will explain the development of the telephone, cable television, and the internet. There will be a brief history behind each technology and how they all tie into each other now. It will also explain how telecommunication has changed business forever, and will continue to change at an exponential rate. The telecommunication industry has many new jobs that will be explained in this paper. Telecommunications includes voice, video, and Internet communications services. The telecommunications industry

The current trends global transportation are widely considered to be unsustainable for a number of reasons, including profound impacts on the climate and heavy dependence on limited fossil fuel supplies (Greene, 1997). However, there is a great deal of disagreement among researchers and policy makers regarding what constitutes a “sustainable” system of economics, governance, or transport. The prevailing notion of sustainability has largely focused on reducing impacts to the planet from an ecological and natural resources perspective. In a broader policy context, however, the impacts of economics and equity issues on the health of the environment are not to be ignored. The relationship between resource scarcity and environmentally

International transportation elements of supply chains are shortened and distance driven costs are lower because supply sources are relocating closer to consumers (Russell et al., 2014). With near sourcing, from places like the United States, Latin America, and the Caribbean, offers advantages. For example, with imports coming in from Latin America and the Caribbean through the U.S East Coast ports, shippers not only avoid the congestions on the West Coast entry ports, they are able to bypass cross country movement that are expensive from West Coast ports to populated distribution centers in the east (Russell et al., 2014). Business can quickly adjust freight movements to change at the request of customers’ demands, by means of shortened distance and lower risk of congestion and delays (Russell et al.,

The transportation and logistics industry is one of the key components of modern life. It provides the framework through which every raw material and finished consumer good is moved through the supply chain into the hands of consumers. This industry is generally taken for granted by consumers. When consumers do think about the industry it is thought of in terms of unchanging and stagnate transportation modes. This vision of the industry is not an accurate reflection of the reality of modern transportation industry. During the last several decades the technological innovations that have changed the face of modern life, have also had far reaching effects on the transportation industry. The pressures driving innovation in the industry