Trends in Logistics Industry: The New Era of Transportation!

Published: 17 September 2020 | By Lorryz.com

The logistics industry has been seeing major transformations as new technologies introduce ways to centralize overall processes.


Let’s start with the mains! Ever heard of the Internet of Things? It’s basically a connection of devices such as smartphones, computers and similar systems that help monitor, communicate and transfer relevant information and data via the internet. Having less human intervention and being both cost and time effective; logistic players in the market have adopted these IoT devices to help improve overall operations, efficiency in supply chain processes and providing more transparency to all stakeholders involved. 


Lorryz also offers its partners and clients an IoT enabled digital platform where fleet owners, trucking companies, cargo owners and businesses looking for instant transportation solutions can easily benefit from. Having all logistics management done through a smartphone is something that wouldn’t have been a possibility before digitization planted its roots in the industry. That is one trend that is still gaining traction!


With the involvement of these devices, logistics industries are not only able to track and trace their vehicles instantly but they also have access to monitor the performance of a vehicle, sending critical updates and alerts directly to the system via devices that are embedded in the vehicle and making sure that the routes are safe to pursue at a given time. This has also allowed companies to get access to important data that helps the logistics industry with further research on patterns, behaviors and setting new trends gaining a first-mover advantage when they introduce new strategies to change obsolete and traditional methods for the better.


One thing that has been gaining trending recently in the logistics sector is the inclusion of Artificial Intelligence. Self-driving cars are not a thing of the past anymore, ask Elon Musk the CEO of Tesla if you may, their Volvo trucks are providing a superior experience for vehicle owners and companies involved, disrupting the logistics transportation industry and taking it to the next level!


AI-based solutions for the logistics industry have open doors to better strategies for forecasting demand, predicting prices, enhancing overall transportation processes and flow of operations. Automated processes have allowed logistics companies to gain more control over their systems. 


Up next, we’ll have more involvement of robotics in logistic management processes. Increasing the speed of operations, definitely helping the supply chain become more efficient and there being an increase in the productivity rate considering both human and financial resources. Robots are being used for warehouse management for picking, packing and placing goods, eradicating the monotonous tasks for human workers and allowing companies to use human resources for better decision making, planning and strategizing.


Another exciting thing the logistics industry has seen is the involvement of drones to deliver goods. Have policymakers and government permit logistics companies to use drones for deliveries - is a topic for another day. However, drones are being used to help out businesses that require prompt responses such as medical deliveries for hospitals, urgent transportation of goods required for any given event and similar other instances proving to be of much greater significance. 


One of the less crazy and disruptive trends we’ve come across are smart lockers for parcels. Everything’s going smart, why not the packages themselves? This has ensured safer deliveries, without there being any involvement of third parties having access to goods being delivered. 


With more advanced pick and place technologies, the process will become even more automated. It all comes down to the end consumer and cargo owners as to how receptive they are to these changes. 


If you ask us, we’re entering the Jetsons Era with these advancements! Let us know on our socials if you agree!