Over the last five years, the transportation industry has witnessed unprecedented growth owing to emerging technologies and regulatory changes that focus on overall sustainability. In an attempt to enhance the efficiency and productivity, many transportation companies are experimenting with artificial intelligence, machine learning, big data, and analytics for advanced geocoding abilities, route optimization, and demand prediction. Another innovation to become mainstream is the concept of digital twin technologies wherein companies create a digital replica of a physical entity in other to analyze it. With this, enterprises in the supply chain can seamlessly plan ongoing/future delivery routes and networks efficiently, speed up operations, and prepare for any problems even before they occur.
Tracking technologies will also play a crucial role in this evolution, considering the increasing customer demands for increased traceability and visibility along logistics routes. In this area, anti theft GPS has proven to have great potential considering their ability to provide real-time locations for entire fleets. These systems also help in reducing costs, automate and improve tacks, and enhance over fleet efficiency and productivity.
From a regulatory standpoint, many nations across the globe have vowed to reduce carbon emissions. As such, electric vehicles and self-driving fleets are becoming mainstream. The change is also fueled by the emerging 5G wireless technology, the increasing demand for elastic “logistics” for e-commerce and delivery services companies. Also, many companies are shifting towards regionalized supply chains to decrease emissions. These changes have propelled many companies to innovate and paved the way for newer players to enter the market with enticing solutions and products.
We present to you the “Top 10 Transportation Solution Providers - 2020.”