Gilbert Sachs Group completed a marketing study to assess the feasibility of opening a container freight station, allowing an LTL carrier to potentially expand its offerings into import and export LCL services.
The study components included an in-depth analysis of port activity by commodity, a review of customs requirements pertaining to the handling of in-bond freight, development of pro-forma financials, and final recommendations advising a course of action.
Based on our findings, the client elected not to pursue the expansion, because the primary commodities handled at the target port did not create significant LTL opportunities. Without GSG’s analysis the company may have moved forward with the expansion with little to no gain.