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The Market of Transportation and Logistics Services: Formation and Development

Author: Zinaida B. Khmelnytskaya, Dr. Sc. (Ec.), Prof., Head of Global Economy Dept.; Yulia V. Nikiforova, Cand. Sc. (Ec.), Associate-Prof. of International Economics Dept.; Yekaterina S. Danilova, postgraduate of Global Economy Dept.

Abstract: The authors analyze the prospects of formation and development of the transportation and logistics services market. The article describes the main risks (threats), which may be encountered by transportation and logistics companies as well as makes proposals to reduce potential losses.

Key words: outsourcing; globalization; freight forwarder; internationalization of transportation service; logistic service; international road haulage; transportation and logistics company.