Annual Review and Outlook - Logistics

Annual Review and Outlook - Logistics

ARO Commentaries

E-commerce may end up the greatest change ever in both the consumer and business markets.
In life, and usually in business, the future is thought to be too difficult to predict, but for liner shipping, the future seems to look like the past all too often.
I am hopeful in 2019 that we will see some existing technologies go mainstream and nascent ones emerge.
In 2019, logistics providers face increasing pressures to improve visibility and cross-border execution, and reduce costs, risks, and errors that decimate margins.
The freight transportation industry is in a technology renaissance.
2019 will be a year for shippers to regroup and recover from the Perfect Storm of 2018.
The increased capability of third-party technology providers, original equipment manufacturers, and tech-based freight brokers has provided a level of real-time (or near real-time) visibility that has not been seen before in the transportation industry.
Over the past couple years, the movement to “everything tech” and “disruption” all over has reached a fever pitch.
Blockchain is both the most overhyped and most promising non-energy technology in the logistics industry today.
The logistics industry faces a rapidly evolving marketplace.
Technological roadblocks are rooted in the complexity and the sheer volume of governmental, industry, and trade-related rules and regulations.
Logistics real estate will remain strong in 2019.
Pricing volatility and the unenforceable nature of ocean contracts are significant pain points that negatively impact supply chain integrity and delivery to customers, resulting in added costs and the inability to effectively plan freight costs.
Technology is just one part of overhauling a traditional supply chain industry.
To have a complete view of one’s supply chain — a critical component for long-term success — a transportation management system (TMS) holds the most promise to provide a comprehensive "control tower" approach to the supply chain process.
While there are no silver bullets in logistics technology, there are some golden principles.
The biggest challenge facing the ocean-going portion of the logistics industry is that there will be little change in 2019.
2018 has been a watershed moment in freight technology.
Online booking and pricing automation close the technology gap that the logistics industry so desperately needs to fill; not for technology’s sake but for customers’ sake.
If the trade war continues between the US and China, 2019 may be the year that changes the foundation of where supply chains originate.