‘Corporatisation’ of the industry
In my 15 years observing the transport industry, perhaps the biggest shift that I have noticed has been what I refer to as the increasing ‘corporatisation’ of the industry. That is, the increasing adoption of structures, practices and focuses seen more in ‘big business’ than on the big shipping lanes, rail tracks and highways.
The shipping and logistics sectors were the first to move, which is probably a function of the fact that most of their businesses are either very large and/or operating or focused internationally. Their sheer size and the added operational and regulatory complexity associated with operating across international borders meant
