SWOT Analysis And Strategy Evaluation On The Transportation Services Sector Essay
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SWOT Analysis and Strategy Evaluation in the Transportation Services Sector Mark R. Mitchell PHL/320 December 10, 2014 Chris Mendoza SWOT Analysis and Strategy Evaluation in the Transportation Services Sector
The transportation service sector has a significant customer reach and impact on many different industries, as they receive and deliver products through the transportation service sector. Whether a company's goods or goods received to produce a product for retail or supplier markets. The reliable transportation market provide a greater stability for the transportation service sector industry. Greater stability also allows for a larger growth in specialized transportation leading to better revenue growth prospects Growth in international markets The demand for transportation and warehousing is being driven by an increase in international trade as new markets are opening up such as China, Asia, South America and the Middle East. These new market currently do not have enough equipment or building space to handle the increase in international trade that provided for a substantial growth in companies in the transportation service sector internationally. Growth in specialize transportation As new international market begin to open, there is a growing need for more specialized transportation such as transit of a new workforce in other countries. Furthermore, jobs in the warehousing and transportation industry are opening up; hence the need for passenger transport and the need for more transportation of useful goods. Improved online technology As the technology is improved in other areas of the transportation sector, the innovation of online technology has also improved. Therefore, providing for more E- commerce growth in foreign countries than can improve the profitability of companies in the transportation industry. Threats Environmental constraints As the transportation service sector grows to provide for an increase in population, so do environmental
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