Reference no: EM131028451
Question:
I need a conclusion to this: draft and post the conclusion to your research paper. While there is no set word limit for this assignment, your conclusion should provide adequate closure for your paper
Introduction:
It has been observed that in an industry which operates very competitive and also with in a thin profit margin, it is provided that motor carriers have been scrambling to revamp operations so as to survive the recession. Inspire of this aspect, in order to increase the gain without having substantial increase in the cost, the development of ancillary and value added services have been considered as a key element for the success of motor carrier in future year. Moreover, it is provided that an action for the absolute efficiency as well as for high productivity which has been considered as core focus is an absolute requirement since it is not a way for the growth but instead he way to weather the storm.
In addition, it seems that bankruptcies in the manufacturing, retail as well as motor carrier sector have been raised with high level. The impact will be apparent as shippers file with the objective for bankruptcy protection, making the motor carrier with large amount of uncollectable receivables which in turn affect the bottom line of the motor carriers. From the data collected and on the basis of survey it has been found that over 2500 carrier have filed for bankruptcy in year 2015 and there are large number of carriers who have close their business due to non-availability of operating capital and lines of credit have been reduced.
For the satisfaction of the insurer as well as for motor carriers, FBI has announced that they will complete the process for cargo - theft to be considered as separate category for tee crime reporting database. this separate disclosure would result to help law enforcement in order to properly allocate their resources bad consequently would assist the industry like insurance as well as motor carrier to provide better data in order to evaluate the risk.
References
Yankelewitz, S. (2016). 2008 Review and Look Ahead to 2009 | Central Analysis Bureau, Inc. - Make Better Decisions. Thecabadvantage.com. Retrieved 14 April 2016, from
https://www.thecabadvantage.com/index.php?option=com_content&view=article&id=534:2008-review-and-look-ahead-to-2009&catid=23:resume&Itemid=30
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