Logistics businesses are gearing up for advanced technology to streamline their operations as they are facing intense competition and high transport costs. These technologies range from telematics solutions, advanced GPS tracking systems and data analytics platforms. Thailand’s transport and logistics market is expected to reach 200 billion baht this year, up 15-20% from last year, driven by the country’s economic growth, government spending and export expansion. Varinthorn Srisukdee, commercial product director of GIS, a solutions integrator for logistics business, said the logistics business faces three challenges. The first is the market is......

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Evolution in technology is bringing a paradigm shift in the logistics market segment. The online world is prevailing, and among consumers it’s become habitual to have everything at fingertips. Logistic companies today are striving to deliver products anywhere between three days and five days, quicker the better. The daily evolution of technology has led to increased productivity, lower costs, and fewer errors in the supply chain. Technology is striking every sector of the logistic segment. Earlier, customers used to book a shipment and receive an estimated delivery date. Waiting was the name......

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One of Europe’s largest logistics/transport companies is looking to Canada’s top drone delivery firm to take their success to a new altitude. Toronto-based Drone Delivery Canada is partnering with DSV Panalpina A/S to provide a drone-based delivery platform to the Danish conglomerate’s new Canadian air and sea division. In collaboration with sales partner Air Canada, DDC will deploy the DroneSpot takeoff/landing zone solution to launch the first of multiple routes, as well other infrastructure at DSV sites. With a carrying capacity of up to 10 pounds, DDC’s Sparrow cargo drone will fly a defined route within DSV’s......

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From lowering freight and logistics costs to improving fuel efficiency and reducing delivery times, autonomous vehicle technology could be a game changer for the shipping industry. Autonomous trucks and vehicles promise significant benefits for an industry that struggles with a growing labor shortage and the demand for shorter delivery times. The American Trucking Association estimates a shortage of as many as 174,500 drivers by 2024, due to an aging workforce and the difficulty of attracting younger drivers. Meanwhile, the rise of e-commerce and shorter delivery times is driving a need to overcome restrictions on......

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While watching the latest Democratic presidential debate, it occurred to me that both political parties are missing a critical issue when it comes to job creation. On the Democratic side, Elizabeth Warren and Bernie Sanders proposed expensive government spending programs for healthcare and regulation. Yet there is no evidence that such programs will drive job growth. On the Republican side, President Trump has talked of bringing back steel. A recent tweet asserts that “Our Steel Industry is the talk of the World. It has been given new life and is thriving. Billions......

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In anticipation of China’s upcoming Double 11 online shopping festival, the country’s second largest e-commerce company JD.com announced that its logistics unit on Tuesday signed an agreement with third-party delivery platform Kuaidi 100. The move may help JD Logistics generate more external orders, as the unit currently only accepts orders made through JD.com platforms and is trying to diversify. It will also enable JD Logistics, which lost money for years before finally earning a profit this year, to directly compete with other logistics companies hosted on Kuaidi 100. That could give a......

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