The Technological Revolution Occurring in the Global Logistics Industry

The logistics industry not only in India but also across the globe has seen a complete technological transformation in the past 15 years. Although the global logistics industry has been a little bit hesitative in embracing newer technologies, in recent years it has also realized the need for a complete facelift. It is the result of technology penetration in the logistics industry that shippers today can evaluate both the time required for import process as well as time required for export process during the shipping operations apart from container tracking. 

Continuous innovations of devices

When we look at India’s logistics industry, we see a large number of innovations of devices taking place continuously. Today, the industry is experiencing a complete technological transformation powered by the high-speed wireless internet connectivity supported by mobile devices. Today’s logistics managers are empowered more than ever before with the hi-tech container tracking facilities that provide them with ease to evaluate the time required for import process and time required for export process while sending and receiving goods from across the globe. 

  

Newer technologies entering the logistics’ orbit 

The nature of recent changes in the global logistics industry is not limited to container tracking using the high-speed internet technology and the evaluation of time required for import process and time required for export process only, but it is all set to go beyond that with the inclusion of the following in its operations: 

• Robotics

• Artificial Intelligence (AI)

• Machine learning

• Internet of things (IoT)

• Blockchain

• Drones, and

• Augmented reality.

Apart from just container tracking and tracing, drastic changes are taking place in all the subdomains of the logistics industry while making very smart use of automation, machine learning, and all other ones mentioned above. 

Concluding Remarks 

This rapidly changing scenario in the Indian and global logistics industry has not only played a crucial role in its timely revival but also has given a new pace to its growth curve. While keeping pace with the global logistics industry, the LDB system in India is offering a wide gamut of logistics services including the ability of shippers to evaluate the time required for import process and time required for export process.