Transportation logistics plays a significant role in every company's operations. IT magnifies the control of the customer over the process.
With the aid of numerous communication channels, transport logistics manages a range of duties that regulate the flow of goods between warehouses and across transportation routes.
Due to the growing popularity of the omnichannel approach to e-commerce retail, it is essential for logistics providers to integrate automation and more recent technologies like AI, geo-fencing, IoT, and data analytics to make delivery and return processes efficient for both customers and retailers.
The spike in e-commerce logistics is predicted to have a major impact on the worldwide logistics market's 6.8% CAGR growth between 2022 and 2030.
of international goods estimated to move by sea.
The logistics industry ranges between $8 trillion and $12 trillion annually, calculated as a percentage of GDP.