In our latest article, we mentioned inflation as the market challenge affected by COVID-19, the Ukrainian-Russian conflict, and other factors influencing supply chains. However, in 2024-2025, logistics is expected to continue to adapt to new market conditions by implementing the latest supply chain technologies for sustainability and efficiency.
Next, SeaRates will look at the current logistics technology trends that we can use to improve your capabilities and development.
Navigate through logistics tendencies to meet the market
Supply chain disruption
The break in supply chains is undoubtedly impacting the global trade movement. However, choosing a reliable logistics provider can help you find multiple routes to market and speed up/slow down supply chain moves if necessary. SeaRates' vast network of carriers offers you predictive information to create thoughtful and strategic plans for minimum disruptions that align with current freight trends.
Furthermore, consider implementing new technologies for better delivery and visibility of your goods movement. The IT tools can shorten your shipment delivery time and provide data on temperature control. The deep overview of your product journey saves costs and optimizes routes and supply chains.
Supply chain visibility
More and more companies are switching to logistics outsourcing, trusting their operations with specialized professionals. As supply chains become more complex, the need to better navigate their difficulties arises. SeaRates Logistics Explorer takes care of your logistics business and proposes the best sea freight calculator for a faster, more responsive, and more efficient experience. Incorporating the latest supply chain innovations ensures your operations remain cutting-edge and effective.
Staying updated with the latest logistics trends ensures your operations remain competitive and effective.
Let's not forget about AI that uses publicly available data and adds data from all other parts of the supply chain, suggesting the best scenario. Artificial Intelligence helps create a demand-based forecast on the current supply chain state and real-time data collecting.
Freight forwarding
In 2024, the logistics sector should consider the focus on sustainability following all the latest reporting and disclosure requirements. SeaRates is also committed to reducing CO2 emissions in shipping and offers a Carbon Emissions Calculator. The tool accurately calculates your CO2 footprint for various transport.
Digital freight forwarders are also facing challenges in terms of growth and profitability maintenance. This is where digitalization and investing in advanced logistics technology solutions can help. As freight forwarders recognize the necessity of digitization of logistics processes, they are looking for the best IT solutions for their new and existing customers. Accenture research claims that 76% of logistics businesses felt that not focusing on building digital capabilities would seriously harm their company. Request a Quote if you need assistance choosing the right solution for your needs and goals.
Warehousing
Recently, automation has transformed the warehousing industry, notably how goods are handled, kept, and spread. It is proposed that robotics arms will be in demand for unloading containers, minimizing injury cases during work, and performing repetitive tasks. Warehouse automation will empower businesses to work fast and address customer demand.
Additionally, “old-standard” warehouses will need to meet the requirements of modern logistics operations. This includes industry-specific customization based on the needs of targeted markets, reflecting the latest warehousing trends.
Customs
The digital revolution in customs continues – more and more companies are discovering the power of transforming and harmonizing their customs data. Paired with digital customs tools for enhanced trade management and compliance control, this allows better utilization throughout the supply chain.
We can also expect severe customs compliance regulations related to Environmental, Social, and Corporate Governance (ESG) problems. To avoid legal repercussions, reputational damage, and seized goods, following trade compliance is essential for your business.
The bottom line
2024 is genuinely a transformative year for the whole logistics niche. With the advancement of the digitalization of logistics processes, SeaRates is moving towards all the latest market tendencies and logistics technology trends. Are you excited to discover tools to streamline your operations? Reach us at [email protected] to get the best practices, and smooth logistics flows.
