The markets are active players because of continuous process of globalization, decrease in trade barriers and increasingly mobile labor force, the transportation and logistics industry continues to enjoy above-average growth. And by expanding their service offering both in production and sale, transportation companies and logistics service providers are also becoming masters of their supply chain. International growth through acquisitions, joint ventures and alliances is also reshaping the industry. Under these conditions, new and corporate strategies and processes are required.
Challenges faced by transport & logistics
- Maximize revenues
- Comply with requirements of International Financial Reporting Standards - IFRS
- Management of tax risks
- Management of fraud
- Mergers and acquisitions as facilitators of industrial sector restructuring
- International mobility and transnational employments
- Opportunities in emerging markets
- Solutions for project funding – Financing of transport infrastructure and private/public institutions
Postal operators, many of which face global competition and an erosion of their local domestic monopolies, are following an aggressive approach - entering new markets with integrated express, logistics and transportation service packages. The national and regional rail companies, too, are being entered into competition. And goods traffic is marked by a fierce power struggle between road and rail, which has forced rail companies to make significant improvements in their productivity and performance.
In the aviation sector, market liberalization has raised the importance of client management, technical cooperation and new investment strategies. Low-cost airlines are helping to shape the price policies of network carriers in their traditional market segments. The permanent threat of terrorism creates an additional element of uncertainty and challenges airlines and travel companies to implement highly effective security and risk management systems.
In terms of added value, travel services are a rather weak sector under tremendous pressure to adapt to a changing industry. The mostly commercial enterprises in this sector are challenged by international travel groups and hotel chains that play off their size and marketing advantages and focus on globally oriented clients.
How can RSM Peru help you?
In these times of change, what is required of transport and logistics enterprises? Financial transparency, sound risk management processes and state-of-the-art technology. At RSM Peru, our transportation & logistics experts can provide assistance on these matters and other aspects, including enabling worldwide alliances and quality partnerships between your company and others.