2026-11-06 US West Coast
HCM-UWC 8,079 USD/FEU +0.85% Index 3,936 pts
2026-11-06 US East Coast
HCM-UEC 10,075 USD/FEU -6.41% Index 3,083 pts
2026-11-06 Northern Europe
HCM-NEU 3,516 USD/FEU -0.32% Index 2,419 pts
2026-11-06 Mediterranean
HCM-MED 4,569 USD/FEU +9.74% Index 2,496 pts
2026-11-06 China
HCM-CHN 97 USD/FEU +13.06% Index 1,143 pts
2026-11-06 Korea
HCM-KOR 344 USD/FEU +0.83% Index 1,152 pts
2026-11-06 Japan
HCM-JPN 471 USD/FEU -9.78% Index 1,521 pts
2026-11-06 Southeast Asia
HCM-SEA 305 USD/FEU -8.07% Index 1,559 pts
2026-11-06 Oceania
HCM-ANZ 4,963 USD/FEU +1.73% Index 7,854 pts
2026-11-06 Middle East
HCM-MEA Suspended
2026-11-06 South America
HCM-SAM 4,891 USD/FEU -7.46% Index 3,056 pts
2026-11-06 South Africa
HCM-ZAF 6,207 USD/FEU +24.60% Index 3,528 pts
2026-11-06 East & West Africa
HCM-EWA 5,486 USD/FEU +6.86% Index 1,397 pts
2026-11-06 Global
VCFI Composite Rate 4,932 USD/FEU -1.36% VCFI Composite Index 3,407 pts -1.29%
2026-11-06 US West Coast
HCM-UWC 8,079 USD/FEU +0.85% Index 3,936 pts
2026-11-06 US East Coast
HCM-UEC 10,075 USD/FEU -6.41% Index 3,083 pts
2026-11-06 Northern Europe
HCM-NEU 3,516 USD/FEU -0.32% Index 2,419 pts
2026-11-06 Mediterranean
HCM-MED 4,569 USD/FEU +9.74% Index 2,496 pts
2026-11-06 China
HCM-CHN 97 USD/FEU +13.06% Index 1,143 pts
2026-11-06 Korea
HCM-KOR 344 USD/FEU +0.83% Index 1,152 pts
2026-11-06 Japan
HCM-JPN 471 USD/FEU -9.78% Index 1,521 pts
2026-11-06 Southeast Asia
HCM-SEA 305 USD/FEU -8.07% Index 1,559 pts
2026-11-06 Oceania
HCM-ANZ 4,963 USD/FEU +1.73% Index 7,854 pts
2026-11-06 Middle East
HCM-MEA Suspended
2026-11-06 South America
HCM-SAM 4,891 USD/FEU -7.46% Index 3,056 pts
2026-11-06 South Africa
HCM-ZAF 6,207 USD/FEU +24.60% Index 3,528 pts
2026-11-06 East & West Africa
HCM-EWA 5,486 USD/FEU +6.86% Index 1,397 pts
2026-11-06 Global
VCFI Composite Rate 4,932 USD/FEU -1.36% VCFI Composite Index 3,407 pts -1.29%
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Thursday, 31/10/2019, 13:48 (GMT +7)

4590

Marketing Plan for a Logistic Business

Logistics companies are responsible for transporting goods from point A to point B and are often tasked with managing the flow of a product from the time it leaves a manufacturing site, until it reaches the consumer.

To accomplish this task efficiently, logistics companies use technology to dispatch and track packages throughout their journeys. Development of a marketing plan for a logistics company is fairly straightforward.

1. Define what services your company provides.

Do you deliver raw materials to factories, or finished products to consumers? Do you transport goods by ship to overseas locations, or focus on goods that are shipped within the country by truck? Do customers use online tools to ship products themselves, or work with your staff to book passage by phone? By clearly defining your services, you can develop tactics to market your offerings..

2. Articulate your target market.

Perhaps you focus on shipping goods for the electronics industry, packages for online retailers or refrigerated food items for supermarkets. Do you seek a small number of large customers or many smaller organizations? Try to define who your primary market is, as well as any secondary markets.

3. Identify your competition.

Who offers similar services or targets similar clients? Be sure to cast a wide net when considering your competition. You may find that when it comes to a group like online retailers, your competition is not another logistics company, but rather the postal service. Other prospects may use their own shipping department or a commercial courier. Identifying your competition will help you develop tactics to position your company to compete with them.

4. Identify your competitive advantage.

Why would customers come to you instead of your competition? Perhaps you offer lower prices, newer trucks, better service or high tech tracking tools. Outline what makes you a better logistics choice than your competitors for your target market.

5. Set a marketing budget.

How much money will you allocate towards marketing your business? Some companies will allocate a fixed amount of money for a year, while others allocate a percentage of revenue that is calculated each quarter. Will marketing dollars be allocated to specific target markets or directed to certain offerings or will budget dollars be spent promoting the company as a whole? You need to know how much money you have to invest before you can consider specific tactics.

6. Using your marketing budget as a guide, determine how you will communicate your differences to your target market.

Consider where you will advertise, what trade shows you will attend, or what industry groups you will join to get your message across. Also consider how your competitors are delivering their message and whether you want to try similar media or try a different approach.

(Source: Inboundlogistics)

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