This year’s Automotive Logistics Global Conference takes place on September 20th-22nd at the Renaissance Center Marriott in Detroit.
By any measure, the market recovery of the last few years has been remarkable. US vehicle sales are still reaching fresh highs, OEMs are reaping impressive rewards (witness Ford’s doubled net income in Q1 this year, for example), while production and investment are still rising across the US and Mexico. As a result, the automotive logistics sector is still booming, whether in inbound, outbound or aftermarket sub-sectors. And all this against the market-boosting backdrop of continuing low oil prices and low interest rates.
But how long can this party really last… and who will prove to be best positioned when the market inevitably reaches a plateau?
As the US gears up to decide who will lead it forward as a nation in coming years, so the auto logistics industry, too, faces challenging decisions about how to position itself in the near future for a market that is likely to become even more competitive as the sales race heats up and new production comes on stream. Flexibility in the supply chain is more important than ever, particularly as OEMs make quick decisions on meeting changing consumer demands and vehicle preferences. New technology, especially the digitization of vehicles and the supply chain, may also disrupt the status quo of today’s automotive logistics.