The overall logistics market is buoyed by global e-commerce growth. With this growth, shipping efficiency is becoming increasingly important, driving demands for technology that can help logistics providers reduce shipping costs while meeting higher service standards as e-commerce deliveries increase
The report highlights that a paradigm shift in the logistics industry towards technology is affecting everything from omnichannel purchasing to reverse logistics. The report delves into the logistics and supply chain landscape and showcases key M&A deals during 2018. It further highlights notable investors investing in the sector
Other key points covered in the report include:
- End-to-end players have retained their importance in offering one-stop shop solutions for customers
- Cloud computing and ease of integration across providers and services have resulted in the unbundling of the logistics sector
- E-commerce is re-shaping logistics and shipping expectations
- Retail returns is outpacing growth in retail sales
- An Uber-type logistics model can promote the cost and resource efficiency for shipping and warehousing
- Advanced technology such as AR, IoT, drones, and autonomous vehicles is gaining traction