Inbound Logistics | September 2023

TAKEAWAYS

Taking a Hard Look at Drayage The U.S. drayage industry is poised to grow from $6.1 billion in 2022 to $8.3 billion by 2027. A new report from PortPro, a drayage software provider for drayage carriers, identies the following trends: • Primary growth drivers come from a global increase in consumer demand for ecommerce. Areas to watch for more future growth include electronics, food and beverage, autos, chemicals, oil and gas, and pharmaceuticals. • Drayage is at a technological crossroads. Growth-minded drayage carriers are adopting technology to digitize operations and improve efciency and services. • Increased investments to strengthen the infrastructure of the entire port ecosystem to accommodate growth in consumer spending and imports. Improvements to bridges, new equipment, new larger vessels, overall operation expansion, new technologies, and more employees impact all players. • A sustainable future is top of mind, but slow in adoption. Carriers share concerns for building infrastructure to support e-eets and other AI opportunities on the road and in warehouses.

Drayage growth is expected to come from market share, making competition fierce.

September 2023 • Inbound Logistics 23 SyfanLogistics.com | Gainesville, GA | 855.287.8485 | 770.287.8485 SyfanLogistics.com | Gainesville, GA | 855.287.8485 | 770.287.8485

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