Tag Archive for: logistics

Delivering Flavour, One Kilometre at a Time: Celebrating 🍚National Fried Rice Day🍚

Today, we celebrate National Fried Rice Day, a day when food enthusiasts across the nation come together to savour the delicious blend of flavours, textures, and cultures that make up this beloved dish. While fried rice might seem worlds apart from the world of trucking and logistics, there’s a connection worth exploring.

Truckers: The Unsung Heroes of Food Delivery

Truckers are the backbone of the supply chain, ensuring that goods, including the ingredients for your favourite fried rice, make their way to restaurants and grocery stores across the country. The rice, vegetables, proteins, and spices that come together in a wok or skillet begin their journey at farms, factories, and ports and rely on the dedication of truckers to reach their final destination.

From Farm to Table

Consider the journey of a simple bag of rice. It starts at a rice farm, where it’s harvested and processed. Then, it’s loaded onto trucks, often in massive quantities, and begins its journey across highways and byways. Truckers navigate through diverse landscapes, facing varying weather conditions and traffic, all to ensure that your fried rice recipe can come to life.

The Spice of Diversity

Much like the diverse ingredients that make up a flavourful fried rice dish, the trucking industry is a melting pot of cultures and backgrounds. Truckers from all walks of life crisscross the nation, bringing with them their unique perspectives and experiences. They form a vital community that keeps the wheels of commerce turning and our tables filled with food from around the world.

Expressing Gratitude

On National Fried Rice Day, as you savour the taste of this global culinary delight, take a moment to appreciate the hardworking truckers who make it all possible. The next time you enjoy a meal featuring fried rice, think about the journey those ingredients undertook, often with a trucker behind the wheel.


National Fried Rice Day is not only an opportunity to indulge in a delicious meal but also a chance to recognize the unsung heroes of the trucking industry who play a significant role in bringing diverse and delightful flavours to our tables. So, whether you prefer classic Chinese fried rice, spicy Thai pineapple fried rice, or a unique fusion creation, remember that truckers have played a part in making it available to you. Cheers to the truckers who deliver flavour, one kilometre at a time! 🚚🍚 #NationalFriedRiceDay #TruckersDeliverFlavour

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Navigating the New Norm: How JCT Can Help Transportation and Logistics Thrive

The transportation and logistics sector has experienced a unique set of challenges in adapting to the “new normal.” However, within these challenges lies a spectrum of opportunities waiting to be seized. JCT, your trusted freight brokerage partner, is here to guide transportation and logistics companies through the evolving landscape, offering insights and strategies to enhance economic profit. In this blog post, we delve into the intricacies of the sector, explore strategies for growth and profitability, and highlight how JCT can be your catalyst for success.

Unlocking Growth and Profitability in a Dynamic Sector:

In an era where change is constant, transportation and logistics companies are called to make strategic choices that are bolder and more astute than ever before. Despite the sector’s history of value creation challenges, lessons from successful players—both pre- and post-crisis—illuminate the path to profitability. JCT recognizes that these are transformative times, and we’re dedicated to helping companies capitalize on the megatrends that are reshaping the industry.

Key Findings from a Comprehensive Analysis:

McKinsey conducted an in-depth analysis of 264 listed transportation and logistics companies worldwide over a decade. The findings paint a comprehensive picture of the sector’s capital-market performance, providing insights into both its strengths and areas for improvement:

  1. Struggle to Meet Investor Expectations: Over the past ten years, companies in the sample achieved an average total return to shareholders (TRS) of 7.2 percent, falling short of the sector’s cost of capital (10.5 percent). This performance emphasizes the need for innovative strategies that not only generate revenue growth but also enhance return on invested capital (ROIC).
  2. Value Creation Amid Challenges: While the sector witnessed its fair share of challenges, companies in the bottom 60 percent of the sample faced value destruction that far exceeded the economic profit generated by the top 40 percent. However, success stories from each industry indicate that the path to economic profitability is achievable through bold strategic moves that increase margins and capital efficiency.
  3. Elevating Return on Invested Capital (ROIC): Addressing the challenge of lower ROIC is crucial for improving investor confidence and valuation. Transportation and logistics players need to prioritize strategies that enhance their ROIC, as it’s a pivotal element in shaping market expectations and driving valuation multiples.

Strategies for Success in a Rapidly Changing Landscape:

JCT recognizes the evolving dynamics and megatrends that will define the future of transportation and logistics. Our approach focuses on harnessing these trends to design strategies that propel companies forward:

  1. Leveraging Megatrends: As megacities emerge and shared transportation and disruptive technologies reshape the industry, companies have unprecedented opportunities to enter new markets and redefine their business models. JCT assists in identifying these opportunities and tailoring strategies to leverage them effectively.
  2. Agile Resource Allocation: Flexibility in resource allocation is essential for generating higher TRS. JCT recommends breaking free from conventional allocation approaches and embracing agility, as exemplified by successful cases like Singapore Post’s strategic reallocation for e-commerce logistics growth.
  3. Overcoming the Asset Dilemma: A strategic approach to asset management, including better timing for equipment purchases and asset pooling, can significantly enhance efficiency and performance, as demonstrated by companies like forward-thinking shipping lines.
  4. Successful Digital Transformation: Digital transformation is an imperative, and JCT advocates building a tailored digital strategy that enhances core processes, reinforces IT foundations, and explores new frontiers. By leveraging existing assets and strengths, companies can maximize the value of digitization.
  5. Strategic M&A and Cooperation: With ample resources for potential M&A and cooperation, transportation and logistics companies can benefit from adopting a programmatic capability that identifies, executes, and integrates acquisitions effectively. Collaborations and alliances are also valuable for accessing new markets and capabilities cost-effectively.
  6. Navigating Uncertainty: Managing risk and uncertainty is paramount. Companies must prudently explore new markets and experiences while rigorously mapping stakeholder landscapes and engaging stakeholders with well-informed strategies. External affairs capabilities and resources play a pivotal role in mitigating regulatory and geopolitical challenges.

“You miss one hundred percent of the shots you don’t take.”

Wayne Gretzky

The “new normal” presents both challenges and opportunities for the transportation and logistics sector. JCT is your steadfast partner, providing strategic guidance to navigate this evolving landscape. By embracing key trends, implementing innovative strategies, and adopting a proactive approach to change, transportation and logistics companies can not only survive but thrive in this dynamic environment. Connect with JCT today to embark on a journey toward enhanced growth, profitability, and market outperformance.




This post was adapted from work completed by McKinsey