Applebaum Trucking was founded after World War II in Akron, Ohio. The growth of the company in the early days was the result of an increased demand for carrier services from factories in the Midwest to ports on the East Coast for shipments to Europe. Over the years, Applebaum Trucking has been steadily forging relationships with the federal government. As a result of this successful growth, Applebaum has been able to acquire four regional carriers: in Sacramento, California; in Jacksonville, Florida; in Wichita Falls, Texas; and in Quincy, Massachusetts.
Applebaum owns two thousand five hundred trailers and employs one thousand five hundred people, including nine hundred drivers. Randolph Applebaum, the CEO and youngest son of the founder, "Chuck" Applebaum, wants to keep the company private despite many overtures from larger national companies to buy it out.
What environmental factors do you believe would impact Applebaum Trucking in the next five years? How would you rank them and why?
How do you think these factors (the first three) will impact Applebaum Trucking's business? What will be the consequences (positive and negative) of these impacts?
What steps do you think Applebaum Trucking's management should take to mitigate the negative consequences?© BrainMass Inc. brainmass.com September 20, 2018, 2:19 pm ad1c9bdddf - https://brainmass.com/business/foreign-exchange-rates/applebaum-trucking-476772
What environmental factors do you believe would impact Applebaum Trucking in the next five years? How will you rank them and why?
The environmental factors that I believe will impact Applebaum Trucking the most during the next five years are economic growth, the price of oil, the development of alternative fuel trucks, political stability, regulations impacting truckers, exchange rate stability, infrastructure quality, and skill level of the work force.
I will rank them as follows: Economic growth, the price of oil, the development of alternative fuel trucks, regulations impacting truckers, exchange rate stability, infrastructure quality, political stability, and skill level of the work force.
The reason why I have ranked economic growth as number one is that it directly impacts the business of Applebaum Trucking. It has impacted the demand in the past. The second factor is the price of oil. Currently, ...
This solution gives you strong points concerning Applebaum Trucking