The Future of Intermodal International Freight Transport Term Paper

Total Length: 945 words ( 3 double-spaced pages)

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To a degree, all freight transported across vast geographic distances requires multiple modalities and methods combining land and sea. The advent of airborne shipping options in the twentieth century introduced yet another element into the portfolio of intermodal freight transport. Based on historical trends, patterns of emerging markets and consumption patterns, plus political and economic constraints, the future of intermodal freight transport will be complex, dynamic, and responsive to situational variables. One of the greatest challenges facing intermodal freight transport stakeholders includes how to respond the ever-increasing scale and scope of trade within the boundaries of existing infrastructure. Moreover, environmental and social responsibility constrains the evolution of intermodal freight transport. Increasing efficiency and cost-effectiveness are also key considerations in the future of intermodal transport.Information technology and modeling systems can tremendously enhance the ability of intermodal freight transportation consultants to conceptualize best practices. In fact, one of the cornerstones of future developments in intermodal freight transport is the greater integration of technology at every level or stage of transport, from inventory and supply chain management to safety and security monitoring (Chatterjee & Lakshmanan, 2008). Customers at every stage of the supply chain are expecting real-time information related to the status of shipments, which depends on “integrated and flexible IT systems,” (Halonen, 2016, p. 1). Therefore, the future of intermodal freight transport will include the evolution of a few standardized yet dynamic software and hardware systems that integrate every aspect of the supply chain from inventory and purchasing choices to delivery.Differentiated from standard uni-modal services, especially those that rely solely on road networks, intermodal freight transport take advantage of existing infrastructure, while also planning for future growth in container ports and other key nodes.

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The future of intermodal freight transport depends on the ability of supply chain stakeholders to navigate around dramatic changes in the ways ports are managed, and the ways shipping ports are integrated with…

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…services for receivers and controlled less by raw materials suppliers (Premus, Kijkamp & Konings, 2008). Complex modeling using technological systems stands out as the best option for the future, allowing companies around the world to plan and strategize, anticipating risk and utilizing multiple options to ensure cost-effectiveness, efficiency, and returns on investment.While the hub/spoke model may work well regionally, globally a far more complex model of intermodal transport is emerging. All stakeholders play a role in determining how best to develop more responsive systems that can address the needs of remote regions just as well as port metropolises. Bottom-up methods that focus on solutions like bundling and consolidation of smaller shipments designed for on-demand services will also become more important. The future of global supply chains is of course intermodal; that future will be far more stable, ethical, secure, and responsive to changing markets when stakeholders capitalize on the potential of new technology to manage daily changes to routes,….....

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Latest APA Format (6th edition)

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"The Future Of Intermodal International Freight Transport" (2018, June 28) Retrieved May 20, 2024, from
https://www.aceyourpaper.com/essays/future-intermodal-international-freight-2177769

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"The Future Of Intermodal International Freight Transport" 28 June 2018. Web.20 May. 2024. <
https://www.aceyourpaper.com/essays/future-intermodal-international-freight-2177769>

Latest Chicago Format (16th edition)

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"The Future Of Intermodal International Freight Transport", 28 June 2018, Accessed.20 May. 2024,
https://www.aceyourpaper.com/essays/future-intermodal-international-freight-2177769