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Examine the state and geographical extent of the car carrying industry, in terms of shipping - Essay Example

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There has been considerable growth in certain economies that have led to improved manufacturing capabilities, allowing once rather isolated international producers to become more active in the global trade environment. These emerging economies are now equipped with the…
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Examine the state and geographical extent of the car carrying industry, in terms of shipping
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Examine the state and geographical extent of the car carrying industry, in terms of shipping

Download file to see previous pages... Most noticeable is improved demand at the international level for automotive products that comes from this economic strength in emerging economies as citizens receive improved education and workplace opportunities. Growth in disposable income in these emerging economies have paved the way for new freight transportation channels and improved distribution of product across the world.
Growth in demand of automobiles at the international level have given manufacturers improved profit margins and have changed the course and scope of logistics and supply chain in developed and emerging economies. This report describes the specific emerging markets that are changing distribution patterns in relation to ocean freight, discusses the current major exporting and importing nations and describes the operational and strategic management principles that have led to success in the car carrying industry.
Due to infrastructure growth, improved manufacturing capabilities, and growth in consumer disposable income in certain developing countries, changes to patterns of global distribution have been positively impacted by growth in these emerging markets. Germany holds the top position in terms of exportation volumes, experiencing a 10.2 percent growth rate from 2007-2008 (xist.org, 2010). Followed, in ranking order, are China with a 17.3 percent increase in the same time period, the United States with a 10.7 percent increase, followed by Japan, the Netherlands, France and Italy (xist.org). Though not in a top position in terms of exportation volumes, Russia is recognised as experiencing the highest improvement in exportation volumes at a sizeable 32.8 percent increase (xist.org).
Major importers, in ranking order, include the United States, China, Germany, France, Japan, the United Kingdom, the Netherlands, Italy and Hong Kong (wto.org, 2010). These figures reflect the importation activities of developed nations with emerging ...Download file to see next pagesRead More
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