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 including the transportation of goods and people by land, sea, and air. However, intense competition threatens to erode individual market shares within the transportation services sector industry.
Strengths
Weaknesses
Improvement in technology
Low employee turnover rates
Industry is trending upwards
People and goods are transported by this industry
Long term relation with suppliers and customers
Capacity restraints
Extensive governmental regulation
Union influence of workers within the industry
Opportunities
Threats
Growth in local and regional markets
Growth in international markets
Growth in specialize transportation
Improved online technology
Environmental constraints
Increased competition
Increased security needs
Strengths Improvement in technology In the transportation service sector, the improvement in technology has increased the productivity within the industry by reducing order picking, and delivery times of good and services provided. Additionally, with the improvements in technology, such as bar coding, radio frequency identification tags (RFID), and route optimization software can allow for better tracking of trucks, shipped goods, and the transportation of people (University of Phoenix, 2014). Low