Discussing how technology is changing the future of logistics.
FREMONT, CA: The evolution of technology is pushing the boundaries and changing how the world does business. Today, people are accustomed to everything being online and right at their fingertips for immediate access. Through Amazon, the pioneer of fast-paced delivery service, it’s possible to receive a package less than an hour after ordering, depending on where a person lives. Improved technology has also increased productivity in the supply chain, minimising costs and errors. These advances benefit all areas of the logistics industry: trucking transportation, international transportation (ocean and air), supply chain management, and shipment tracking.
Ocean Freight is the method of transporting large loads of goods by sea – putting cargo in large containers which are loaded onto vessels. Over 90% of all the world’s trade is carried by sea – and even more in some countries. As a general rule, shipments weighing more than 100kg – or consisting of multiple cartons – will be sent by sea freight. Some further restrictions apply to certain goods from country to country, but most items are allowed.
Movement of cargo between two locations by road through trucks or railway is called Land freight forwarding. Land freight services are steady and flexible, safe and practical. Most of the products that are transported include FMCG, Refrigerated Food and perishable products, Pharmaceutical and medical products, Hazardous and non-hazardous solids and liquids, chemicals, dangerous goods, heavy equipment and machinery, construction materials such as sand, rocks, asphalt and steel. There are major types of shipment movement involved in Land freight forwarding. One is LTL shipments ( Less than Truckload) that moves cargo with a weight of between 150 and 15,000 pounds. Efficient for domestic and international land freight shipments that occupy less than 24 feet of the space and are not more than 5 pallets. Then there is FTL (Full Truck Load) where the truck’s trailer carries only one shipment in bulk. The entire space is reserved for one dedicated shipment.
When goods are shipped from one place to the other, the amount paid for the movement of the goods is called freight. Air freight is another term for air cargo, that is, the shipment of goods through an air carrier. Air transport services are the most valuable when it comes to moving express shipments around the globe. Just like the commercial or passenger airlines, air freight flies in the same gateways.
Continuous development in technology has also enhanced productivity in the supply chain by reducing the cost and errors. The whole logistics industry is getting benefits due to this technological reconstructing, be it international transportation, shipment tracking, trucking transportation and supply chain management. Mentioned below are 5 significant technologies that are changing how the logistics industry is operating:
1. Shipment Tracking System
2. IoT (Internet of things) and RFID (Radio Frequency Identification)
3. Autonomous Trucks and Drones
4. Enhanced GPS Accuracy
5. Communicating through Social Media
To be a leader in any industry, one has to keep up with the latest technology. Leaders who are using these above-mentioned technologies are gaining an advantage over their competition. These technologies will continue to develop so it is important for companies to keep up with it.