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Top 5 Transportation and Logistics Technology Trends

Posted on by Hòa Hòa

Technological advancements in the transportation and logistics industries have allowed businesses to improve the quality of their services. Global businesses and international trade rely heavily on transportation services to move goods throughout the economy. Everything around us, from clothes to electronic devices, is imported from all over the world.
The top trends in the highly competitive transportation and logistics industry are as follows:

1. M2M Communications in Transport and Logistics:

Machine-to-Man, Machine-to-Machine, and Machine-to-Mobility apps are the three dimensions of M2M communications. Since the nineteenth century, it has also contributed to the advancement of M2M communications. The question is, how do technological advances impact the world of business communication? What industries will benefit the most from these technologies? What will be the most likely future trend?
There is no single answer to these questions because the possibilities of M2M communications are limitless. According to an industry analysis of M2M service providers from around the world, the following conclusions have been reached:
  • Transportation & Logistics followed by Utilities & Automotive segments might see the highest adoption of M2M services.
  • M2M service success depends more on profits.
  • M2M data delivery is shifting to data intelligence.

2. Machine-to-Machine Collaboration:

We have now entered an era of ‘Technology Convergence.’ IT solution providers must collaborate closely with industry participants to transition from traditional IT systems to web-based or cloud-based solutions and create collaborative IT platforms. The logistics industry is currently reaping the benefits of technology in the form of optimized operational systems that automate processes.

For the logistics community, IT in Logistics bridges the gap between software and mobile apps. In the coming years, Logistics and Supply Chain businesses will need to advance to the next level of Machine-to-Machine Communications in order to improve efficiency, security, tracking, monitoring, information, connectivity, and collaboration for transportation industry players. It can also aid in the monitoring of logistics and the reduction of economic losses.

3. Electric Trucks

Truck production and freight transportation are expanding on a daily basis. It will undoubtedly increase CO2 emissions from the trucking industry. To control emissions limits, advanced engine technologies or after-treatment devices are required. Any of these changes will result in higher truck prices.
Given the circumstances, the European and US CO2 targets, and rising truck prices, the truck industry is expected to transition to electrification within the next 7–8 years. As a result, the major players are investing in electric truck research and development.

4. Electric/Hybrid Buses

With a growing trend of migration from rural to urban areas around the world, there is an increase in demand for public transportation. The majority of city buses and coaches are diesel-powered, which increases CO2 emissions. Many countries in the European Union, the United States, and others have set CO2 emissions targets for 2020–2025.

BEBs (Battery Electric Buses) and hybrid buses are currently primarily used in the United States, Europe, and China. Several countries have begun to invest in electric and hybrid public transportation. With technological advancements, diesel-powered buses now dominate the global bus market, followed by hybrid-electric and alternative fuel buses. BEB demand is expected to grow at the fastest rate in the near future.

5. Intelligent Public Transportation

A world-class public transportation system can be a one-stop-shop for lower fuel prices and GHG emissions. Providers of technology are now focusing on integrated mobility solutions. A station-based mobility solution will manage the system in this system.
A platform will be used for an integrated mobility solution to cover everything from searching for a journey, mode of transport, checking the schedule, bookings, routing, and payment, according to Transportation and Logistics Industry Technology Trends.

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