Supply chain is experiencing significant upgrades regarding how it processes information. Experts believe the future of logistics is near and will utilize cloud technology and automation to improve overall efficiency and record information accurately. Cloud Technology Many enterprises have adapted the use of cloud technology to centralize how they store their information. According to…
Over the last decade, the railroad industry has been revolutionized by the growing power of technology. With sensor technology and mobile apps, shipments can be precisely estimated, which is beneficial to the efficiency of the rail freight. As the railroad industry adjusts to its digitization, the entire supply chain will reap benefits. Safety…
With autonomous, or self-driving, trucks becoming a reality, the opportunities for growth and development in the shipping industry are endless. It can be difficult to pinpoint the impact automation will have on this thriving sector of our economy, but experts remain enthused about the upcoming transformation. Responsibilities Many carriers are beginning to draft policies…
Small businesses need to optimize their resources without breaking the bank. Often shipping costs can turn into a large expenditure for companies who do not ship products in bulk. By making sure packages are shipped adequately and efficiently, small businesses can reduce their shipping costs. Use Technology New smartphone apps can allow businesses to…
The freight industry is looking for solutions to solve its capacity crisis and vast environmental impact. Drones, often referred to as unmanned aerial vehicles (UAVs), have seen a significant advancement in technology in recent years. The technology used within this machinery has stemmed from a concept into a reality. Several companies around the world are…
Technology is continuing to revolutionize the shipping industry. U.S. ports are experiencing a significant digitization transition. These ports keep the economy moving by creating jobs, processing shipments and securing borders. An increase in technology among these ports means that their capacity can be expanded and more shipments can be processed and handled. The…
The transportation industry has become increasingly concerned with minimizing their fossil fuel consumption and conserving the planet. New technology is being implemented in trucks to monitor the driving habits and fuel consumption en route. These tracking devices go beyond recording miles per gallon consumption by monitoring idling, speed and other factors that play a role…
2017 is coming to a close and it has truly been a big year for the shipping and logistics industry. From record-breaking sales on Cyber Monday to the continued growth of the Internet of Things (IoT) and other technologies, there was a lot of changes for the transportation industry to digest this year. Unsurprisingly,…
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. …