7 transportation and logistics technology trends to watch
There are 7 transportation and logistics technology trends to watch that will bring you an understanding of the supply chain. It is complex and includes a lot of steps and logistic sectors. Importing company is supposed to find efficient and affordable ways to move goods, on time and without risk. As it is not easy to achieve, there are more and more technological advantages that companies have to include in their shipping processes. The logistic industry should adapt to various challenges, presuming major players of delivering, same-day shipment, or delivery table staking. All is possible only with professional companies like Kokusai Express Japan.
Which are transportation and logistics technology trends to watch?
Companies use a lot of ways to improve efficiency and speed up transportation and delivery. In that case, they use technology and improvements in that field. You should learn how to use them even if you are a client but rely on a trustworthy company for more support.
Private mobile networks
Thanks to the 5G broadband cellular technology, companies have opportunities for transportation and logistics firms to host their private wireless networks. It is one of the transportation and logistics technology trends to watch. When cargo import companies use their mobile networks, they can achieve low latency, strengthen signal penetration for higher reliability, dramatically increase capacity, and connect devices for stationary and transit usage. It is not a new technology, though. Private wireless network companies have already used it in major transportation hubs, asset tracking, routing, equipment monitoring, and other situations.
Sustainable solutions answer the customers’ approach to the environmental impact. Clients are more conscious of the environmental impact of their individual choices than ever before. People are concerned about the planet protecting, measuring the carbon footprint with every move and drastic change they make. The retail sector and air sea forwarder mainly cause significant impact, and clients in that sector are cautious. We all know climate change, so this problem becomes essential even when we organize transportation and shipping. It is why the transportation sector has turned its attention to cutting-edge freight technologies and increasing fuel efficiency.
How can companies save on transportation?
Companies do whatever they can to save on transportation, even when it seems too complicated and time-wasting. However, it is possible to use several methods in this field. For that reason, it is good to know which transportation and logistic technology to watch.
Electric vehicles have become one of the most critical transportation options in the modern world. We have used these transportation vehicles from the city transportation to the shipping companies. It was about time to start with the severe usage of electric cars for shipping large and heavy cargo. One of the primary goals is to reduce emissions and lower fuel costs. Air freight forwarders may not use them yet, but that time will come. However, the efficiency is not affected by using these vehicles, as more and more shipping companies have switched to this model of “green” transporting.
In situations when international freight forwarding cannot organize transportation with any other greener alternatives, they need to rely on fuel alternatives. Firms started to explore different fuel options, including liquified natural gas (LNG) and sustainable aviation fuel. In that case, the efficiency and speed of shipping are not changed. The world’s largest container ship is powered by LNG. LNG is not the best green option that companies can use, though. It still produces greenhouse gas emissions and affects environmental pollution. However, it significantly decreases pollution, so changing these vehicles to greener alternatives could substantially affect them.
Using electric vehicles and fuel alternatives is bright, but it still needs to change how we use the car for transporting. Route optimization could reverse this process significantly, especially for sea freight forwarders. The basic premise behind route optimization is having trucks drive fewer miles and spend less time on the road. Route optimization is a recent delivery innovation, but companies expect widespread adoption. It could also help companies reduce deadheading, eliminate last-mile inefficiencies, and gain visibility to estimated freight arrival time.
Is it possible to improve technology?
Companies use a lot of ways to improve their efficiency. Technology constantly improves, so you should invest in new devices and gadgets from time to time.
Digital twins are the latest in advanced analytics and artificial intelligence technology that help organizations across all industries and other resources. This technology allows for predicting performances with startling accuracy and generating actionable insights in enhancing business strategies. It is a virtual representation of an object or system which spans its lifecycle. The plans are updated from real-time data and use simulation, machine learning, and reasons to help decision-making. The system was first introduced in 2002, but the recent advancements companies have made in the last decade.
Distributed ledger technology
We can use blockchain for many more usages than mining cryptocurrency, and digital ledger technology is one of them. As well as blockchain, digital ledger technologies have useful applications for much more uses than cryptocurrency. Blockchain is a decentralized database that groups data or data sets, storing them as “blocks.” The new block is added to a chain of existing blocks when new data is formed. As you can use blockchain for paying you can use it for different ledger technologies for transportation and logistic firms.
Cloud-based transportation management systems
A growing number of logistic transportation firms are migrating their existing transportation management system (TMS) to the cloud or investing in cloud-native TMS software. In that way, they can use several options for using these systems.
- Automate manual tasks for more streamlined workflows and significant efficiency gains;
- Eliminating capital expenses and operating costs for IT infrastructure;
- One of the transportation and logistic technology trends to watch is consolidating data from multiple internal and external sources.
Companies increasingly use drones, officially called uncrewed aerial vehicles (UAVs), for manual track inspection conducted by workers on trolleys or rail-wheel-equipped trucks. Drones are equipped with cameras and sensors to capture images, videos, LiDAR, and other data. They can easily send to remote operators in real-time. This technology significantly improves efficiency and workers’ safety. Drone operators efficiently conduct complete inspections from many miles away.
Digital freight matching is one of the transportation and logistic technology trends to watch
Companies must find new and creative ways to get the shipment out the door and on the road. Digital freight matching is one of the methods that allows for achieving that. Companies also call load matching or “on-demand” trucking and use for web and mobile-based technology platforms to match available freight with trucks and carriers’ functional capacity. It is one of the most efficient transportation and logistics technology trends to watch now.