Emerging trends of logistics and shipping industry in 2021
The year 2021 and 2020 is one of the challenging years for the various industries. There were many obstacles faced by the logistics and shipping industries. But the industry came up with various solutions that resulted in numerous emerging trends.
So, here are some of the interesting and famous trends of 2021 in the logistics and shipping industry:
Green logistics portrays all activities that measure and minimize the ecological impacts of logistics activities. In today’s date many leading companies, be it large or small, the companies are looking for innovative ways to go green. Many companies already understood that sustainable business is the future of the business and everyone should work together to achieve the best green logistics practices. As everyone knows that transportation is a large contributor to greenhouse gas emissions, green logistics has become an important topic over the years. The usage of eco-friendly products in the operations like electric and solar-powered vehicles has rapidly lowered the overall carbon footprint.
- Integrated 3PL services
As the e-commerce business is expanding beyond the proportion, many companies are also seeing potential in integrated 3PL services. The logistics companies are also investing in heavy assets in trucking and shipping containers, warehouse facilities to offer extensive services to customers from various industries. As many sectors are advancing through cut-edge technology, logistics companies are also using modern technologies like automation, robotics to keep up with today’s business world.
- Usage of modern technology
The era of technology is here and logistics companies are recognizing the true importance to upgrade and evolve according to the modern integration platforms available in the market.
Modern technology has many benefits like quick onboarding of customers, trading partners and suppliers, global reach, and transparent operations.
The role of Artificial Intelligence (AI) and Big Data in the logistics sector is increasing day by day. These latest technologies are enabling automatic scheduling of routes, volume planning through predictive analysis, and helping customers to provide the best logistics solution by analyzing the data.
Robotics in logistics
The integration of robotics into logistics increases the speed and accuracy of operations. The robots reduce errors and offer increased productivity compare to humans.
Robotic logistics means the usage of robotics for one or more operations. The robotic logistics include robotics picking (mostly used in the warehouse), Robotic packaging, aerial drones, and many more.
Focus on the digitization
Digitalization is transforming the logistics and shipping companies’ operations. The Covid-19 pandemic just highlighted how outdated procedures and paperwork in the shipping industry and at many ports. Online documentation saves time and even saves money.
Digital and cloud services and solutions are being used to increase competitiveness and enhance the operational efficiency of the organization. So, the digitalization is only way out to be successful and get competitive advantages in the overall logistics and shipping sector.
The above trends will drive the shipping and logistics industry in 2021. These trends will be long-lasting and will create a positive impact on the industries.