Shale revolution to transform transportation, logistics industries, PwC says

01/20/2014 | Rigzone

Shale production is creating more opportunities for transportation and logistics companies as it motivates chemical producers and manufacturers to reshore production and simplify supply chains, according to a PricewaterhouseCoopers study. Shale oil and natural gas will transform the transportation industry in particular, said Jonathan Kletzel, transportation and logistics leader at PwC. "Transportation and logistics executives should consider the opportunities currently presented by the rapid growth of shale energy, as the 'winners' will start developing strategic plans that consider the impact of shale on the overall economy," he said.

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