Logistics and Transportation
The Logistics & Transportation industry provides the backbone of worldwide trade by establishing supply chain connectivity and enabling effective distribution and delivery of goods and people at local and international levels. Key segments within the industry are freight transportation, warehousing, shipping, air cargo, rail logistics, road transportation, courier & parcel, fleet management, cold chain logistics and supply chain solutions. Fast industrial development, increased business for e-commerce and high global trade volume ensures continuous market expansion in this sector.
Increasing demand from e-commerce, combined with customer pressure for speedy delivery, has sped up capital investments for intelligent infrastructure in logistics, real-time tracking devices, and automated warehouses as well as last-mile distribution networks. Shipping and other transportation providers are progressively integrating key technologies, such as IoT, AI, robotics, blockchain and predictive analytics for their business development to drive better operational efficiencies, higher cost reductions, optimum transportation routing and to attain better visibility within their supply chain. The industry structure is evolving owing to two important trends: sustainability and regulatory adherence. The implementation of electric vehicles, fuel efficient transport, eco-friendly warehousing and carbon emission reducing approaches are driven by increasing sustainability trends and stringent government regulations in the industry. Besides these trends, global events, global trade disruptions, as well as changing trade rules are influencing logistics planning and the development of global supply chain resilience. Strong growth opportunities arise from growing cross border activities and infrastructure improvement in emerging markets.
At Consegic Business Intelligence, we offer detailed market intelligence and business analysis of the Logistics & Transportation sector and provide guidance to our customers on their evaluation of market drivers, identifying growth potential, exploring technology progress and for making accurate business choices amid today changing global supply chain market dynamics.
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