Resilience, efficiency and environment – IoT and digital set to transform logistics

Corp - Forwarders 250 Corp - Ports 773 Corp - Shipping 776 Global 1119 Info Tech - Tech Hardware 587 Mode - Airfreight 161 Mode - Containerized 1227 Mode - Seaborne 1555 Mode - Truck 58 Theme - Rates 170 Theme - Shipbuilding 94

The global logistics industry has had a wake-up call from COVID-19, the U.S.-China trade war and other shocks with disruptions to production, demand and physical operations all underscoring the need for increased efficiency and resilience. Selective technology investments can help better prepare the industry, a historic laggard in such spending, for the future. The adoption of Internet of Things (IoT) technologies for commercial transportation could create a market worth nearly $308 billion by 2024, a 12x increase from today. So far only 23% of transportation enterprises have IoT project...

Copyright © 2020 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.