Transportation survey results are now in!

By BCShippingNews
January 22 2014
Surface Transportation Annual Review 2014
Survey indicates bright outlook for businesses using B.C. ports and transportation systems

Vancouver, B.C. -- The first Surface Transportation Annual Review (STAR) results indicate a bright economic and business outlook for 2014. The survey, conducted by Wave Point Consulting in partnership with BC Shipping News, asked shipping and cargo logistics industry stakeholders for their opinion on three main topics: general economic outlook and business confidence; logistics performance perceptions and assessment of B.C.-based ports and transportation system; and management priorities in regard to logistics, transportation and sustainability initiatives. The majority – over 58 per cent – expect Canada’s economy to be somewhat or significantly improved in 2014.

Download the full survey (pdf - 830k).

“In reviewing the results of our survey we found that respondents were decidedly upbeat about prospects for a busy and successful 2014,” said Darryl Anderson, project leader and managing director of Wave Point Consulting. “As a result, controlling and reducing costs, accessing new markets and increasing sales were the most frequently mentioned management priorities for the forthcoming year.”

In addition to asking respondents about the quality of satisfaction with service providers and the transportation infrastructure system in B.C., the STAR survey sought to provide key insights into expectations for the coming year of those involved in maritime commerce. “Exporters of goods are more optimistic than those involved in either just the import or just the domestic sectors of the economy,” said Anderson. Accordingly, almost half of respondents anticipate revenue growth.”

In addition to gauging the economic and business expectations of those firms using the Asia-Pacific Gateway as a route for transportation logistics, the STAR survey identified areas within the system that were either a source of praise or a source of concern. For example, Anderson noted that the majority of respondents were either somewhat or very satisfied with the current rates charged by the tug and barge sector, custom brokers, transload operators and drayage companies while areas of concern relating to price satisfaction were noted from rail carriers, port authorities, third-party logistic providers, marine terminals and pilotage. The response to the infrastructure quality question rated the poor quality of local trucking routes as most acute infrastructure challenge on the immediate horizon.

“Our goal in undertaking this survey was to give the industry a benchmark for the performance of the logistics and transportation system within B.C. and to initiate discussion on those variables where increased efficiencies can be achieved,” said Anderson. “As we move forward over the next decade and are able to provide comparative results, we – and I mean B.C. stakeholders, government and those providing logistics services – will be able to address those areas where improvements are needed.”

The full survey can be downloaded free of charge here or from the website of Wave Point Consulting (www.wavepointconsulting.ca/star2014).

For questions or to arrange for an interview with Darryl Anderson, please call: 778-410-5031 or email: wavepoint@shaw.ca.