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Challenges and prospects for the development of the transport and logistics services market


Bykova O.N., Pustokhina I.V.
(about the authors)

Bykova Olga Nikolaevna – (Plekhanov Russian University of Economics)

Pustokhina Irina Valerevna – (Plekhanov Russian University of Economics)

Published in:
Journal of Economics, Entrepreneurship and Law
– Volume 10, Number 1 (January 2020)

JEL classification: L91, O18, R40

Keywords: Digital Platforms, digital transformation, digitization, technology, transportation


Citation:
Bykova O.N., Pustokhina I.V. (2020). Challenges and prospects for the development of the transport and logistics services market. Journal of Economics, Entrepreneurship and Law, 10(1), 63-70. doi: 10.18334/epp.10.1.41562


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Abstract:

The article analyzes the economic situation on the world market and its impact on the market of transport and logistics services. Special attention is paid to the influence of the politics on the economy and the search for ways to reduce the risks of this influence through the introduction of new technologies. As an example of the transformation of the transport and logistics services market, we consider the new order of bilateral Russian-Chinese road freight transport, which has allowed large Russian companies to enter the Chinese market. The authors identify the areas that ensure changes in the sphere of transport and logistics services and its development and conclude that the market of transport and logistics services should focus on consolidation and consolidation, since there are large companies that are able to undergo changes in market conditions, as well as to optimize the expenditures by developing the technological aspect.







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