Overview The logistics market is anticipated to grow rapidly at a CAGR of 7.2%  during the forecast period. The global logistics market is driven by huge demand for logistics services due to the economic growth and urbanization. These factors have helped shape the logistics market and are expected to boost the growth. Companies in the logistics market could also face challenges such as lack of skilled human resource and restricted market environment in some regions. The details covered in the l...

Blockchain is poised to disrupt the logistics and transportation industry. Providing supply chain traceability, decentralized data storage, and removing intermediaries from operations, this innovative technology allows companies to protect from counterfeit, prevent data corruption, and significantly reduce costs. The worldwide blockchain market size is anticipated to rise from $11.8 billion in 2020 to $70.5 billion in 2026, progressing at a compound annual growth rate (CAGR) of 58.7% during ...

Logistics can make or break your e-commerce business. It doesn’t matter how great your service is or how competitive your pricing is, if your customers can’t easily access your goods, they will never become loyal customers. So, what are the logistics of e-commerce? To begin with, there are two main channels that e-tailers use to transport their products: trucking companies and shipping companies. Transportation of Goods As we all know, transportation and logistics is the process of principles,...

People are looking for the best reason to choose third party logistics as their preferred source of transport. They are simply looking for a company or a service provider that offers the best service at a cheap price. But, the question still remains: What is the best reason to choose third party logistics? If you want to offer the best service at the cheapest price, you will need to know how to provide the best customer service. The best service means doing all the things right such as providing...

Digitization has proliferated in different industries and has proved to be a game changer for several business sectors worldwide. Until a few years ago, the logistics sector was in its nascent stage. But for the past couple of years, the market is experiencing disruption and the logistics firms that have established themselves are striking business deals with technology start-ups. Technologies like IoT, cloud logistics, blockchain and big data are contributing to the faster, smarter and a mo...