Logistics can be traced all the way back to the Greek and Roman Empires, but it has undergone several major transformations as new technologies provide opportunities to more efficiently manage the movement and storage of goods. To remain competitive and enhance efficiency, keeping up with the latest technology is a must. The logistics industry is benefiting immensely from the latest technology and will continue to grow as more advances are made. Making the switch from paper-based processes and rigid legacy systems to digital supply networks, and improvements in the artificial and augmented intelligence has surely been one of the biggest logistics trends of 2021.
But advancements in technologies aren’t the only big changes influencing the industry. From new shipping regulations to growing global tensions and trade wars, and an economic recession due to the pandemic, logistics companies need to focus on innovating and watch out for new disruptions during 2021. Intelligent transportation, route planning, and demand planning have grown massively popular within the industry. Augmented intelligence, on the other hand, is expected to generate $2.9 trillion of business value and lead to an increase of 6.2 billion hours of worker productivity globally by 2021. In addition to this, delivery networks could use such technology to provide real-time information that will improve delivery times and further aid autonomous vehicles in their routes. It will be fascinating to see what other impactful logistics use cases develop over this year.
In this edition of Logistics and Transportation Review, we bring to you some of the leading companies that have excelled through innovation in delivering promising solutions and services. We hope the inspiring success stories of these providers benefit our readers in pursuit of an ideal collaboration.
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