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Technology is pushing the boundaries and disrupting the logistics industry as a whole. Due to technological advancements like the internet, everything is now at our fingertips. For example, a parcel can now be delivered within 24 hours of being ordered.
Ever since the COVID-19 pandemic back in 2020, there has been a huge rise in shipping costs. This rising cost of shipping affects everyone around the world and makes it harder to get products. These rising shipping costs can be seen affecting many around the world in more ways than one, often in ways people are not even aware of. In today’s blog, these issues are going to be discussed and what it means for the world. Enjoy reading!
Assuming you are staying tuned with some of the newest technological advances, then you most likely have heard of the push to 5th Generation wireless internet access which is more commonly known as 5G. The majority of the newest popular smartphones and tablets have 5G capability built right in which allows them to reach download speeds of up to 10 gigabytes a second. To put this into perspective, this means you can go from downloading a movie that would normally take ten minutes or longer to download using Wi-Fi or 4G LTE, to downloading it in a matter of seconds when using 5G.
On February 16, 2022, Felicity Ace, a cargo ship carrying 4,000 luxury cars, sank to the bottom of the Atlantic Ocean. The Felicity Ace was en route to the United States from Germany, carrying approximately 4,000 primarily Volkswagen group vehicles when it caught fire. The Felicity Ace was being towed back to shore after it got caught in heavy seas about 250 miles off the coast of the Portuguese Islands. Soon, the ship started to take on water and began to sink in water 2 miles deep. Fortunately, no one was killed in this tragedy as all 22 crew members on board were rescued. As for the approximate 4,000 luxury vehicles onboard, they were all lost to the sea.
It is a well-known fact that the branch of logistics is developing at an electrifying pace. Many specialists create reports and forecasts on the future of logistics. In today's article, we will take a look at the trends that are often mentioned among those that will lead the TSL sector in the near future. We will focus here on trends where the common denominator is mainly IT systems.
The widespread presence of Artificial Intelligence (AI) in the near future is already inevitable. Even the coronavirus pandemic has contributed to the development of AI. Probably quite a few of us are wondering if maybe it's high time to get some new skills that a robot can't replace.
The health crisis produced by COVID-19 has changed the world, our economies and habits. Among the most affected sectors are international trade and cargo and container transport.
The information contained in this article is an expression of the views and experiences of its author, obtained by using all the applications listed and gathering the opinions of users of these applications. If you believe any of this information is inaccurate or out of date, we will be happy if you let us know.
