9 Trends in Logistics Technology that will stay with us in the Future 1. Little did we know, 2021 would take us for another wild ride. of the future trends in transportation and logistics (Aloui et al., 2021; . E-commerce logistics are projected to be worth US$ 524.1 billion by 2025 (Business Wire, 2019). Transportation & Logistics 2030 represents a series of Delphi studies on the future of the industry. Trends in the transportation and logistics industry in 2022 The rise in environmentally conscious customers One new trend that has moved from the fringes to the very center is the subject of environmental sustainability. . Shipping and Logistics Trends For 2021. Let's look at top LTL industry trends for 2021. Transportation and logistics M&A activity increased significantly in 2021: Deal value for the last 12 months (LTM) — through November 15, 2021 — increased 84%, and deal volume increased 11% compared to FY20. Many expected the growth of open platforms to be one of the major transportation trends of 2022, but the chaos and confusion caused by the coronavirus caused its impact to be lighter than hoped. of the logistics transportation scheduling industry for fresh products. In 2021, logistics and transportation companies will need to become more efficient, sustainable, and customer-centric. The remainder of 2020 and 2021 look to be more complex with a fast-paced shift occurring in how freight moves across domestic and international markets. The same applies to transportation management and technologies. 2021 transportation industry trends to help grow your business The global transportation industry is expected to grow at a rate of 3.4% through 2027. Global Logistics Market Statistics 2021-2027: The global logistics market was valued at $7,641.20 billion in 2017, and is projected to reach $12,975.64 billion by 2027, registering a CAGR of 6.5% from 2020 to 2027. Key issues and challenges associated with logistics: Fuel costs: Transportation problems are a significant issue in the logistics industry. Being aware of existing trends is helpful for the . Through automation, warehouse managers can tighten labor resources, avoid excess carrying costs, and derive more value. Logistics will be a main focus of transportation and logistics (T&L) deals during the ongoing COVID-19 pandemic and in the post-COVID-19 world, as businesses will look to increase their online commerce and last-mile 1 services in 2021. After all, this industry is massive, with manufacturing plants in different countries around the world. Joe Lynch Host, Logistics of Logistics Podcast Using his in-depth logistics and supply chain experience, Joe is host of one of the top ranked logistics podcasts interviewing logistics, transportation, and supply chain industry leaders about innovation, technology, trends, and the future of freight. Since there are numerous amount of trends, I have selected a few that I find particularly interesting and emerging. If you ship desirable high-density freight, expect to see rate increases in the 5-8% range. The logistics industry trends are dependent on significant changes that are driven by the implementation of technology-driven innovations in business processes. Covid-19 and a global shutdown left the world ready to put 2020 behind us. Transportation and logistics executives who develop cyber security strategies and who stay up-to-date concerning the latest cyber security threats can keep people, processes and goods moving around the clock. In its Industrials and Logistics report, KMC Savills shared that the sector steadies the property . December 29, 2020. We at SuperProcure have collated the 5 key trends that are helping the winning logistics teams to grow in 2021: 1. in 2020 and the total revenue is expected to grow at CAGR 7.20% through 2021 to 2027, reaching nearly US$ 20327.60 Bn. It draws on proprietary information and a range of other sources including the companies, organizations and academics that are referenced in the text. At the start of 2021, the U.S. had two COVID vaccines approved for use and a third would soon follow, with hopes that the country, and its economy, couldbegin to turn the corner on the pandemic. Global supply chain challenges facing shippers in the wake of pandemic will only intensify in the wake of the Suez Canal disruption. Automation within the logistics industry has been a trend for several years but expect to see a lot more of it being used in 2021. Automation in logistics is a gold standard for supply chain efficiency. And 2021 is the advent of such disruptive technologies from robotics to AI that will progressively permeate all industries. The local warehousing and logistics industry continues to be the 'saving grace' of the Philippine economy, with investment pledges for transportation and storage growing almost nine-fold in 2020, according to a real estate and brokerage firm. Future trends in transportation and logistics industry The transport and the logistic sector are undergoing a major and important transformation today. The ongoing COVID -19 pandemic has challenged t he transport an d logistic se ctor i n an unprecedented f ashion. Transportation Insight. Our report has categorized the market based on model type, transportation mode and end-use. Global trade stirred by the "black swan" of the epidemic ushered in a great recession and fell into negative growth. 2021 Risk Ra dar: Transport and Logistics Sector. Challenges Facing the Logistics Industry for 2021. I'll share some thoughts about upcoming trends within the logistics industry. This state of the Logistics Industry report will address the effects of the Coronavirus on the logistics industry, the current environment of the TL and LTL segment, and the outlook of the logistics industry in general. Stay with us to get familiar with the Top 10 tech transportation industry trends in 2021. 1. The fourth volume of the T&L 2030 series is a multi-faceted. Critical Issues in the Trucking Industry - 2021 1 . For more trends and predictions that will—and will not— happen in 2021, download the whitepaper 68 Technology Trends that Will Shape 2021: . On-demand warehousing On-demand warehousing connects online brands that need to store inventory and fulfill orders on a temporary basis with warehouses that have excess space. In addition to the podcast, Joe also works . Transportation Management Solution (TMS) - End-to-end Digitization If you google TMS, there is a myriad of definitions. The sector has faced dramatic drops i n deman d for passenger travel an d more restrictive import/export policies. Covid-19 and a global shutdown left the world ready to put 2020 behind us. Logistics will be a main focus of transportation and logistics (T&L) deals during the ongoing COVID-19 pandemic and in the post-COVID-19 world, as businesses will look to increase their online. Simran Yadav 2021 Integration Trends Report: Logistics and Transportation Industry 02.01.2022. Cloud-Based Transportation Management Systems Cloud-Based Transportation Management Systems (TMS) is the newest software created to help transportation companies offer easy delivery services with the minimum cost possible to their customers. Between June of 2020 and June of 2021, the transportation industry witnessed a 186% increase in . . State of Logistics 2021: Full speed ahead. The e-commerce boom that has been shaping the logistics industry in 2021 was developing for several years before the COVID-19 situation skyrocketed online purchasing. In 2021, organizations in the logistics and transportation industry will have to embrace cutting edge technologies today to design and sustain supply chain solutions for tomorrow. March 2021. The actionable information provided in the report will serve as grounds for investing in ecosystem integration. A more in-depth look into each is the best way to start finding lasting solutions. Here are 5 trends that are going to shape the future of the logistics and transportation industry in 2021 : 1. Many logistic companies see almost all their problems in automating and using robots for efficient warehouses. 1. DUBLIN--(BUSINESS WIRE)--The "North America Freight and Logistics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering . A key takeaway is the importance of shifting traditional mindsets to develop solid supply chain and logistics strategies that align with the current landscape especially now, as all key players continue to adapt to the ongoing changes in the industry. The trucking and logistics continues to rise in 2021 due to increasing demand, prices and inventory restocking as normalcy returns across the US. Market Overview: The global logistics market reached a value of US$ 4.92 Trillion in 2021. 2020 is coming to an end, and some of these issues will be transferred to the coming year. Scope of the Report The report covers segments like freight forwarding, freight transport, warehousing, courier express and parcel, value-added services and cold chain logistics, last-mile . Listed here are some of the key trends in the Indian Logistics and Supply Chain sector that are set to dominate 2021: 1. Posted January 7, 2022 by logisticsplus. Posted January 7, 2022 by logisticsplus. The global blockchain in transportation and logistics market accounted for US$ 22.5 million in 2019 and is estimated to be US$ 765.5 million by 2025 and is anticipated to register a CAGR of 80.0% . But for the shipping industry, the situation was quite different. Logistics companies are mostly focused on servicing an E-commerce market. Critical Issues in the Trucking Industry - 2021 . Logistics Market size was valued at US$ 12494.61 Bn. Emphasis on Cold Supply Chain: As per 'Indian Cold Chain Industry Outlook . The political, social, economic, environmental, technological and legal changes are amazingly influencing this sector every day. • November 26, 2021 The transportation and logistics industry faced plenty of changes this past year due to new customs/border regulations as well as a pandemic. Equilibrium remains elusive for providers, but shifting practices and new technologies promise stability going forward. There are many factors that can influence the global supply chain of transportation. Here are some of the main observations for 2021 that will be critical to manufacturers, shippers and customers moving into the new year: Hickory, North Carolina, UNITED STATES. but likely after 2021 on a broader scale. Trends in transportation and logistics. Logistics industry trends demand that customers have options when it comes to delivery, from last-mile services to same day and next day delivery and it's up to providers to make sure that customers have those very delivery options. Logistics Market: Global Industry Analysis and Forecast (2021-2027) Trends, statistics, Dynamics, Segmentation by Logistics Type, Transportation Mode, End-Use, and Region. DUBLIN, April 28, 2021 /PRNewswire/ -- The "Freight Transport by Road in South Africa 2021" report has been added to ResearchAndMarkets.com's offering.. This is a guest post by Paul Zhang. Covid Vaccine Efforts Shine a Positive Spotlight on Cold Chain Logistics. 104 Transportation Industry Statistics You Can't Ignore: 2021/2022 Market Share & Data Analysis Lately, the fast pace of technological innovation, volatile economic times, and the disruption of the COVID-19 pandemic have made it difficult for businesses in the transport and logistics industry to thrive. AUTOMOTIVE, TRANSPORTATION AND LOGISTICS INDUSTRY TRENDS REPORT May 2021 May 2021 The majority of the data and commentary in this publication was developed and provided by Frost & Sullivan. In conjunction with Stifel Transportation & Logistics Equity Research, Sunset presents insight into the Q4 2020 and 2021 freight market, capacity, and COVID-19 impacts. Like the supply chains they serve, logistics managers must now fundamentally rethink and redesign their solutions—and how they do will define their future success. Automation in Logistics Sets the Standard for Transportation Management Technology in 2021. Between June of 2020 and June of 2021, the transportation industry witnessed a 186% increase in . 5 Trends of Digital Transformation in Transportation and Logistics Posted on June 7, 2021 by Guest Blogger With the world getting more interconnected under globalization, the transportation industry is under pressure more than ever before to improve its services. 2021 will not go the same way, as many of the trends described above depend on open data availability and transparency across the board. Fred Smith, a founder of FedEx, forecasted this market to reach the value of nearly $2.4 trillion by 2018 with its 26% growth compared to 2016. The key to the success in the transportation business is offering the most cost-effective, flexible, and efficient services. In a year of unprecedented disruption, U.S. business logistics costs fell 4% as shippers found new ways of moving freight. Re-Optimized Service Lines Houlihan Lokey is pleased to present its Transportation and Logistics Winter 2021 Industry Update. Barge Logistics Transportation Market 2022, Price Features, Opportunities, Current Trends, Share Analysis, Latest Trends and Development, Breakdown Data by Application, Top Leaders, and Growth . 13 Industry Trends 14 Our Service Offerings 15 Selected Transactions 16 Our M&A Team REPORT HIGHLIGHTS The Transportation & Logistics ("T&L") industry index rose 23.0% in 1H 2021 and outperformed the S&P 500 index, which increased 16.1% in the same period Total capital invested in M&A transactions in 1H 2021 in the T&L Transportation & Logistics 2030 - Volume 4: Securing the supply chain. Global Logistics Market Report 2021-2029: Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts - ResearchAndMarkets.com Trends Impacting Transportation and Logistics into 2021. The companies are striving to provide low cost and high-quality service in this competitive market but are often caught facing the rise in fuel costs. As the latest global incident ripples across freight transportation networks for months to come, our experts detail how the disruption and emerging transportation trends affect North American shippers in Q2 2021. E-Commerce Logistics Market Outlook (2022-2032) [304 Pages Report] The global e-commerce logistics market size was valued at US$ 439.8 Million in 2021 and is projected to grow at a compound annual growth rate of 17.8% reaching US$ 2,734.6 Billion by 2032 from US$ 531.6 Billion in 2022.. These trends will continue throughout the year as the logistics industry seeks to meet regular demand, on top of any additional demand created by the distribution of the vaccine, particularly in the first half of the year. As per research by Valuates Reports, the market size of the freight forwarding industry will . 7. Since 2004, worldwide air logistics traffic continued to grow somewhat steadily with the exception of 2020, when the coronavirus pandemic started and reached 66.2 million metric tons in 2021 . 5 Global Supply Chain and Logistics trends 2021 By Johan Jemdahl, 2 February 2021 . This is mainly because of the rise in global trade volumes coupled with the increased trade agreements across nations. As the pandemic lingered and gained strength in unexpected places, it continued to interrupt supply chains worldwide. Before moving on to explore the digital trends in transportation and logistics . . Top 10 Predictions and Trends of Shipping Industry in 2021. The pandemic has created a sizeable shift in the logistics sector. Public transportation market size in the U.S. 2018-2021 Public transportation industry employment in the U.S. 2018-2021 U.S. public transportation service vehicles by mode 2013-2018 . Transportation, Supply Chain & Logistics Industry Almanac 2021: Market Research, Statistics, Trends and Leading Companies With the increased awareness that transportation is a large . The market size of the transportation and logistics industry could register a CAGR of over 4% between 2021 to 2026. The outbreak of COVID-19 has brought effects on many aspects, such as . Overall, this report will show both opportunities and challenges brought on by the coronavirus, and what to expect in… Read More »2020-2021 State of the Logistics Industry View All Blogs . The explosion of digital technology has led to an increase in the performance and impact of e-commerce . An increasing number of firms use automation and artificial intelligence (AI) to optimize their supply chains. View Bridgepoint's […] We have included important news stories, transaction announcements, a public markets overview, and industry insights to help you stay ahead in our dynamic and constantly evolving industry. 2021 Predictions for the Freight Transportation & Logistics Industry. The explosion of digital technology has led to an increase in the performance and impact of e-commerce . . The shipping and logistics industry feels the growing pains of the evolving world economy. The maritime logistics industry is likely to look a little different as it recovers. So, want to know more, keep reading! Transportation and logistics executives who develop cyber security strategies and who stay up-to-date concerning the latest cyber security threats can keep people, processes and goods moving around the clock. . In the past year and a half, globalization and global market trends have become more apparent than ever. There are many other trends in the transportation industry that have a great impact on consumers worldwide. While the sector continues to face challenges due to regulations, industry disruption, technology and the ever-growing shortage of drivers, M&A activity is growing in the trucking, transportation, and logistics industry. As the pandemic lingered and gained strength in unexpected places, it continued to interrupt supply chains worldwide. 2021 Logistics and Supply Chain Industry Recap. This report focuses on the transport of . Little did we know, 2021 would take us for another wild ride. With resource shortages causing mass delays in shipments, the Ever Given blocking the Suez Canal, and the COVID-19 pandemic covering the globe, it's almost impossible . In 2022, the Texas freight and logistics industry is anticipated to have a bright outlook, and several new trends are expected to dominate the industry. Global supply chain challenges facing shippers in the wake of pandemic will only intensify in the wake of the Suez Canal disruption. The goal of such a decision is to make routine work cheaper and more comfortable for the business. Here is an overview of the top logistics innovations in 2021 that impact will impact the ecommerce supply chain. Small businesses are the primary beneficiaries of 2020's slide toward eCommerce. The epidemic made the entirety of 2020 beyond all expectations. Hickory, N.C., July 08, 2021 (GLOBE NEWSWIRE) -- With capacity constraints at the beginning of the year on the heels of a global . Trend 4: Automating warehouses Transportation industry trends in 2021 are mostly focusing on the automatization of the manual workforce. Transportation and Logistics Software Market CAGR Status 2021, SWOT Analysis, Industry Share, Trends, Global Size, Strategy Analysis, Distributors, Top Key Players and Forecast to 2026 Published . Although 2021 began with uncertainty regarding the future of the industry, certain trends are likely to become sustained ways of operating, both in the immediate future and in the long term, signaling the growing importance of data and AI & ML processes going forward: 1) As the focus of the logistics industry shifts towards increased . These principles are the secret of big logistics companies. Applicant Tracking Systems. October 17, 2010. We take a look at the 'new normal' in ocean container shipping, air cargo, intermodal transportation, truck fleets, logistics investments, and more to identify the top 10 key freight logistics trends affecting your business in 2021. Transportation and Logistics : Get Market Research Reports, Technology Research Reports, Market and Technology forescating reports and Insights for Transportation and Logistics on Frost and Sullivan How Globalization is Impacting the Logistics Industry. As the latest global incident ripples across freight transportation networks for months to come, our experts detail how the disruption and emerging transportation trends affect North American shippers in Q2 2021. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use . Four LTL Industry Trends Shippers Should Prepare For in 2021 Increase in LTL Shipping Rates Shippers should expect the price increases from Q4 2020 to continue into Q1 2021. According to experts, technology is fast affecting and even taking over the logistics industry. Although this is a positive outlook, growth in this sector is much less robust than pre-pandemic levels when predicted growth was close to 20%. Some of the changes that took place during 2020 will have far-reaching implications for climate change, marine technology and innovation, and data collection. 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