More and more, blockchain is becoming a major part of consumer and enterprise applications. This means we’ll likely see the continued, disruption of vital sectors of the global economy. The shipping and logistics industry is most certainly one of those sectors, as it’s expected to command over $15.5 trillion in revenue by 2023. …
Recently, the International Transport Forum (ITF) published a report on global action and legal issues related to the transition to driverless trucks. In recent years, we’ve seen that technology can change rapidly, but infrastructure and regulations usually take some time to catch up. Nonetheless, for the shipping and logistics industry, a change is coming.…
The rise of machine learning, artificial intelligence and the improvements in self-driving technology is set to revolutionize the transportation and logistics industries, according to Business Insider. Technical advancement in logistics and shipping has lagged behind other industries for many years. Datamation says a major reason for this lag is the sheer number of people…
The holiday shopping season has begun and the shipping industry is bracing for its busiest time of the year. The National Retail Federation’s (NRF) latest projections call for a 3.6 to 4 percent increase in holiday sales for 2017 over last year. That makes for a total of $678.75 billion to $682 billion, up…
In case you hadn’t heard, news of the iPhone X has been exploding on the internet. In fact, those who couldn’t wait for the state-of-the-art gadget quickly jumped online to pre-order the smartphone with the highest ever starting price for a mobile device. Because of this exceptionally high demand, it now looks as though…
All across the globe, subscription-based business models are booming, and changing the face of e-commerce along with them. In fact, visits to subscription retail websites have increased by over 800 percent since 2014. A subscription retail business is a company that sends you a package, usually once a month, of items they’ve picked out…
For those “too old” for trick-or-treating, living Halloween vicariously through your children is a great way to stock up on some free sweets and treats this fall. Be it candy corn, chocolate bars, sour snacks or delicious gummies, Halloween is the absolute best day of the year for those with active sweet tooths. Read on…
The Internet of Things or “IoT” is defined as “a system of interrelated computing devices, mechanical and digital machines, objects, animals or people that are provided with unique identifiers and the ability to transfer data over a network without requiring human-to-human or human-to-computer interaction.” So it really comes as no surprise that the supply chain…
Last week, the strongest storm to hit the continental United States in 12 years has caused serious problems within the transportation and shipping industry. The devastation wrought by Hurricane Harvey caused massive amounts of flooding and damage in the Houston area. Thus far, Harvey has shattered the previous records for continuous rainfall by a tropical storm…
Similar to drafting, truck platooning is a method by which one truck can increase its fuel efficiency by driving closely behind another. The close proximity to each other allows the truck in front to block much of the latter vehicle’s wind residence. The resulting increase in the trailing truck’s aerodynamics causes its drag or…