During the recession, many travel and tourism companies took steps to cut costs and improve performance. Those companies are now capitalizing on an increase in travel demand, particularly in emerging markets, with strong growth and more streamlined operations. As a result, they have been able to deliver solid returns to their investors.
The top 100 container carriers could save up to $4.5 billion annually if they shared their empty containers to redress imbalances that arise from the limitations of their own operations. To help carriers collaborate to achieve these savings, BCG has developed a global marketplace for empty containers: the xChange.