The world of commerce has experienced significant transformation, going from local or regional to global in a matter of just a few decades.
Advancements in technology and transportation, along with numerous trade agreements, have made it easier for businesses to expand their reach and connect with customers located in even the most remote corners of our planet.
Given the paramount significance of reliable and time-definite shipping, logistics service providers have played an essential role in enabling global commerce.
Revolutionising the global logistics market
The pioneers of the logistics industry had the foresight to recognise the importance of global trade from the outset. The establishment of a trustworthy and efficient network for shipping goods rapidly around the world was critical.
When FedEx first started 50 years ago, 389 employees delivered 186 FedEx packages to 25 U.S. cities on the first night of continuous operation.
Today, we are a very different organisation, carrying around 15 million packages every day on global air and ground networks, providing access, services, and technologies that meet the world’s growing shipping demands.
Innovation and digital intelligence have been crucial elements for successful logistics operations in a global scope.
When a large-scale network is combined with disruptive technologies such as artificial intelligence, data analytics, and blockchain, the results can be game-changing. From key insights into global supply chains and trends to the development of new solutions, technology drives the logistics industry’s future.
When businesses require expedited delivery, temperature-controlled shipping, increased security, and special handling for sensitive packages, sensor-based technologies provide enhanced visibility and predictive capabilities, making supply chains smarter for everyone.
The introduction of electronic customs clearance enables businesses to manage customs procedures with ease while reducing the risk of shipments being delayed. Web-based shipping tools, Picture Proof of Delivery services, and mobile solutions is also drastically simplifying the management of shipments.
Emerging technology will drive efficient and sustainable logistics
The Middle East and North Africa (MENA) e-commerce market is expected to reach $57 billion by 2026, and logistics plays a vital role in facilitating the growth of small businesses and e-commerce.
With the emergence of ultra-fast 5G technology, logistics providers are able to manage their inventory and supply chains more effectively and efficiently, resulting in higher accuracy and speed in reaching end customers.
5G technology is also accelerating the development and adoption of autonomous and electric vehicles, that are currently being tested in several countries, including the UAE.
This gives us a glimpse into the future of logistics where autonomous deliveries will become more common and revolutionise last-mile delivery services for e-commerce companies, while also reducing their carbon footprint.
Another great example of a disruptive technology in the future of logistics is blockchain. Blockchain is one of the most talked-about emerging technologies within the logistics industry because of its ability to improve transparency in operations, aid in tracking shipments easily, and help verify the origin and quality of products.
Not surprisingly, blockchain usage in the global logistics and supply chain market alone is set to grow to $3.3 billion by 2026, as it offers consumers transparency into the products they purchase.
Shaping the logistics industry of tomorrow
In a world where the borders of commerce are steadily dissolving, going global is exciting and possible with a well-established and efficient logistics partner.
Continued technological breakthroughs such as autonomous last-mile delivery and increased adoption of electric fleets in logistics hold enormous promise for businesses operating in the e-commerce industry.
Robust, flexible global networks that offer smart supply chain solutions and highly personalised delivery services, with a commitment to prioritising sustainability and innovation, are the defining characteristics of logistics service providers who can not only satisfy the shifting demands of today, but also shape the logistics industry of tomorrow.
Follow us on
