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

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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...

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