Thanks to smart ports, countries can now inexpensively import the goods they need from overseas markets and export the products that others need cost-effectively. It is an automated port that leverages data analytics to help shipping companies make the right business decisions and improve operational efficiency across the board.
The transportation industry is one of the industries where technological innovations can be felt in a very tangible manner. You can practically ‘see’ how digital transformation and modern technologies are revolutionizing the way the logistics industry works. From land based transportation to maritime and air-freight: all the three main aspects of the logistics industry are getting reshaped by digital transformation.
The logistics industry, like many others, has seen dramatic transformations with the advancement of new technologies such as Big Data and Artificial Intelligence (AI). Warehouse automation, smart roads, and predictive analytics are examples of technologies and automation in shipping industry that are fast becoming the new norm in the modern world.