Four futures for the container transport industry

McKinsey

McKinsey and TT Club imagine four possible futures for container transport. Insights on Travel, Transport & LogisticsDoes disruption loom for the industry that underpins global trade?

How to serve today’s digital traveler

McKinsey

Travel went digital a long time ago, but the digital customer isn’t standing still. Insights on Travel, Transport & Logistics

Hu?nyíng to the new Chinese traveler

McKinsey

Insights on Travel, Transport & LogisticsOur new research finds that Chinese tourists are broadening their horizons in many ways.

Travel and logistics: Data drives the race for customers

McKinsey

We analyzed data from 15 European countries to better understand emerging travel industry technology and customer needs in the travel and logistics sectors. Insights on Travel, Transport & LogisticsWhat can companies in this space do to respond to shifts and sharpen their digitization strategies?

Automation in logistics: Big opportunity, bigger uncertainty

McKinsey

Insights on Travel, Transport & LogisticsAs e-commerce volumes soar, many logistics and parcel companies hope that automation is the answer. But as this second article in our series on disruption explains, things are not so simple.

Miles ahead: How to improve airline customer-loyalty programs

McKinsey

Insights on Travel, Transport & LogisticsWithout a new approach, airline loyalty programs risk alienating many customers.

How to transform your airline

McKinsey

Insights on Travel, Transport & LogisticsAirline transformations are often necessary—and always difficult. We lay out five rules for success.

The endgame for postal networks: How to win in the age of e-commerce

McKinsey

Insights on Travel, Transport & LogisticsThe e-commerce megatrend is a big opportunity for postal players, but market and competitive dynamics are squeezing incumbents. Three winning tactics can help these companies stay competitive.

Does your airline still cross seat belts? A ten-point lean checklist for leaders

McKinsey

Insights on Travel, Transport & LogisticsWasteful processes abound at many supposedly lean airlines. How does yours measure up?

Taxiing for takeoff: The flying cab in your future

McKinsey

Insights on Travel, Transport & LogisticsHow big is the potential market for personal air mobility, and what will it take to develop it successfully?

Leading from the front line: How airlines can boost ancillary revenues

McKinsey

Insights on Travel, Transport & LogisticsAncillary revenues are rising, and airlines increasingly depend on them. The next step forward: Efforts to help frontline employees collect these fees and charges more effectively.

Distraction or disruption? Autonomous trucks gain ground in US logistics

McKinsey

Insights on Travel, Transport & LogisticsAs logistics goes digital, profound changes are coming to industry structure, operations, and profits. In the first of a series, we examine the impact of autonomous trucks.

Travelers Are Suffering from the "Last Mile" Problem

Strategy+Business

Although the transportation of people and goods has gotten cheaper, faster, and safer, low infrastructure investment has created frustrating bottlenecks

Walk before you fly—capturing the digital opportunity in airlines

McKinsey

Insights on Travel, Transport & LogisticsA focused approach to digitization can help airlines create value faster than overambitious transformations do.

Taking on airlines’ toughest challenges

McKinsey

Insights on Travel, Transport & LogisticsAviation is still an enormously demanding industry. This speech from a procurement summit touches on airline profitability, new approaches to cost cutting, and treating procurement as a valued partner.

Taxiing for takeoff: The flying cab in your future

McKinsey

Insights on Travel, Transport & LogisticsHow big is the potential market for personal air mobility, and what will it take to develop it successfully?

Technology delivered: Implications for cost, customers, and competition in the last-mile ecosystem

McKinsey

Insights on Travel, Transport & LogisticsWhat’s the outlook for the last-mile delivery ecosystem, given rapid development in technology? How will technological advances affect unit economics, customers, and competitive dynamics?

How to transport your ties safely – for a few pennies.

Killer Consultant

Some small things just make life easier when travelling. Do you have a cheap travel hack you can’t live without anymore? Pretty near the top comes one of the cheapest accessories: Small resealable plastic bags. In Europe, we have been forced to put all liquids in plastic bags of 1 litre capacity for some years now. It turns out, those bags come in handy for many purposes. One I want to share with you today: Keeping an unused tie clean and wrinkle-free!

The Reason Air Travel Is Terrible and So Few Airlines Are Profitable

Harvard Business

Finally, they would take over the international air travel market. Today the airlines that participate in GALs transport more than two-thirds of all international traffic. Competitive strategy Disruptive innovation Regulation Transportation Digital Article

Firm Credit Card Use Changes In 2019

Management Consulted

It used to be that a consultant could wrack up thousands of reward points a year on airline tickets alone, not to mention hotels, ground transportation, and food. consulting news consulting travel management consultingConsulting firm credit card use is changing. Credit card reward points are … Continue Reading. The post Firm Credit Card Use Changes In 2019 appeared first on Management Consulted.

Hotels 100

Uber Surpasses Rental Cars for Business Travelers; You Ain’t Seen Nothing Yet

MishTalk

Since 1st quarter of 2014, Uber’s percentage of ground transportation business booked on Certify, the second-largest provider of expense software … Continue reading → Economics

Cars, Trains, Planes Hacked… A Transportation Risk That Leaves Us All Vulnerable

Melissa Agnes

If you work in the transportation and/or travel industry, this should scare the crap out of you too – otherwise, we’re all screwed. Oh my goodness.

IoT Disruptions in 3 Industries and What You Can Learn From Them

Tom Spencer

Transport and Logistics. The efficient transport of both goods and people is a key aspect of the smooth running of any economy. Australia’s size and the high costs associated with business travel have long been a thorn in the side of many businesses.

What Nursing Parents Need to Know About Pumping During Work Travel

Harvard Business

But if the new parent’s return involves business travel, and that parent has chosen to nurse, it’s even more complicated. While it’s common for new parents to feel stressed about juggling life at work and home, for a pumping, traveling parent the stress can be heightened. “I went about looking for how to pump and travel,” she told me. Become a Travel-Logistics Master.

Where accountability really matters

McKinsey

Travel, transportation, and logistics companies are particularly vulnerable if they get it wrong. Our Insights

How to Stay in Premium Hotels Without Blowing Your Expense Account

Harvard Business

Booking a hotel for business travel poses a quandary for many of us. It’s commonly believed within the hotel industry that business travelers will pay more than leisure vacationers. Discounting via packages is popular because business travelers don’t tend to purchase them.

The Right and Wrong Ways to Regulate Self-Driving Cars

Harvard Business

“Self-driving” or “smart” cars will simply become whatever we call the next generation of transportation technology. legal system is already having trouble keeping up with the pace of developments in transportation. For centuries, the principal assumption behind our transportation supply chain, one baked deeply into the legal system, is that cars are dangerous — or, to be more specific, that drivers are.

Airlines Like United Can Underpay Bumped Passengers Because of a Government Rule

Harvard Business

Department of Transportation (DOT) rule — is already to blame for some of the problems with overbooking. Gate agents typically let the market rule by raising the reward until enough flyers decide to change their travel plans. This provides an incentive for airlines to bump passengers who paid the least amount for their ticket, often the poorest travelers on the plane. Pricing Transportation Digital Article

What Should an Apple Car Be?

Harvard Business

One way to appeal to this demographic (and to the parents who often finance young drivers’ transportation) is to focus on safety. Think of the ultimate home office with printers, a desk, and video conference abilities so pharmaceutical reps and traveling sales people don’t have to squat at Panera or Starbucks all day. Innovation Strategy Transportation Digital ArticleTim Cook recently confirmed that Apple is working on ‘autonomous systems.’

Airlines’ New Basic Economy Fares Show the Power of No-Frills Pricing

Harvard Business

Airlines with rock-bottom prices, for instance, have grown the air travel market by attracting travelers who would not have taken a trip as well as those who would have driven. During popular travel periods, for instance, basic economy tickets can be turned off (“sold out,” “not available”) since there’s no need for companies to offer a discount option during those times. Pricing Transportation Digital Article

Driverless Cars Will Change Auto Insurance. Here’s How Insurers Can Adapt

Harvard Business

Research and computer modeling conducted by Accenture in collaboration with the Stevens Institute of Technology indicates that as many as 23 million fully autonomous vehicles will be traveling U.S. Business models Risk management Technology Transportation Automotive Financial Services Digital ArticleTim Evans for HBR. There is little doubt that the widespread adoption of autonomous vehicles will have a huge impact on the automobile insurance industry.

Warren Buffett Is Betting the Airline Oligopoly Is Here to Stay

Harvard Business

” (The Department of Justice Antitrust Division is currently investigating the four largest carriers, and a lawsuit by airline travelers is pending. ). Competition Economy Transportation North America Digital ArticleWarren Buffett got burned with an airline investment in the 1990s. He blamed the industry’s notorious low profitability on the “kamikaze pricing tactics of certain carriers” and vowed to not invest in this “death trap” sector again.

Automation Makes Things Cheaper, So Why Doesn’t It Feel That Way?

Harvard Business

The traditional economy provides us with most of the basic necessities of life: food, shelter, health care, clothing, transportation, and energy. Technology Transportation Labor Automotive Digital ArticleMany Americans have been experiencing massive economic insecurity and want to return to a time when they were able to earn a good living and create a decent life for themselves and their families.

5 Tips on How to Spend Your Summer Before You Start Your Consulting Job

Tom Spencer

Post-graduation start-dates generally range from starting almost immediately (June) to what has colloquially been referred to as the “travel around the world” start date (early in the next calendar year). Combine Global Travel with Learning Opportunities.

High Performance Cultures: What every organization can learn from Ferrari, Bentley, and Lamborghini

Claris Consulting

You can choose to drive a car that is purely functional transportation, or you can choose to drive a car that is one part engineering masterpiece, one part handcrafted artwork, and one part a catalyst for supreme exhilaration. It was one of the most thrilling moments in my life.

Uber Thrives: Why?

MishTalk

In spite of the fact that Uber is the most banned company in the world, it thrives for one simple reason: People like it, especially business travelers and millennials, even if politicians don't. For the first time ever, Uber Tops Taxi Use for Business Travelers.

Oliver Wyman Careers

CaseInterview.com

Manufacturing, Transportation, and Energy. Travel. Whether or not you view travel as an opportunity depends upon your personal preferences. Either way, Oliver Wyman's global approach tends to result in more international travel than firms with a local staffing model (e.g.