Comment on Transport and logistics – as fast as broadband?

Transport and logistics – as fast as broadband?

The emergence of technologies like the Internet of Things (IoT), autonomous cars, and drones will vastly improve the the transport and logistics industry, according to research and advisory firm Lux Research. “IoT is at the stage of a dial-up modem in the evolution of the Net, but as it evolves, intermodal and intelligent technologies will create a hypermodal system that moves not just goods, but supply, demand, and means of production,” said Lux research vice president, Mark Bünger. See Also: Hack a car in Michigan, get a life sentence? A lot of the inefficiencies in the transport and logistics market will be fixed, according to Bünger, through the implementation of smart technologies and analytics, reducing the amount of time, energy, labor, and capital spent on moving products. Lux provides three examples of how emerging technologies could play a big part in improving the transport and logistics industry: Last-mile delivery efficiency When you purchase a product on Amazon, all of the journey it spends in a truck, usually only stopping at depots to change drivers.

 

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