Digitalization has become the driving force revolutionizing the shipping and freight industry, ushering in a new era of efficiency and safety for cargo and cargo handlers alike. Despite the strides made in adopting technology to enhance operations, there is still room for improvement in the transportation of logistics industry and substantial number of freight forwarders…
The Cooperative blog
Month: May 2024
Things to consider before choosing logistics companies in China
China’s transportation and logistics sector is expected to expand significantly in the coming years, with a projected compound annual growth rate (CAGR) of over 6% from 2022 to 2027, according to a recent Research and Markets report. This growth is fueled by robust government regulations, extensive infrastructure including road, rail, and transportation networks, a vast…
How the use of AI is transforming the transportation and logistics industry
Gartner forecasts that supply chain companies will see a notable rise in machine automation within their operations over the next five years, leading to a surge in online freight forwarding services. Additionally, the use of AI principles and analytics has spurred the growth of IoT in supply chain management. The transportation and logistics industry encompasses…