Operational delays with lack of resources, digital cloud platforms for smart operations, electrification of the commercial fleet

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DUBLIN, September 16, 2021 / PRNewswire / – The “Growth opportunities in logistics and transportation in North America” the report was added to ResearchAndMarkets.com offer.

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This study analyzes the value of the logistics and transportation industry to the North American economy in terms of growth prospects and freight volumes by different modes of transportation.

The research identifies key trends, drivers, growth drivers and growth constraints that are reshaping the industry’s operating bases and examines its shift in focus towards containerless port developments and strategic investments for the industry. manufacturing footprints to ensure offshoring and overcome pricing pressure by capitalizing on USMCAs.

The COVID-19 pandemic has left its mark on most industries in all regions; the North American logistics and transportation industry is no different. This industry is essential to economic activity, a point more evident than ever in these unprecedented times.

The North American logistics and transportation industry is complex and fragmented with small and medium-sized service providers. Operational inefficiencies are a major challenge for the industry, where manual errors, operational missteps, and uninformed decisions can wreak havoc and damage customer relationships due to shipping delays, lost productivity and reduced profits. The pandemic further exposes these limits and is pushing industry participants to rethink their operational risk strategies for future resilience.

The emergence of omnichannel and on-demand business models creates opportunities for retail, trucking and last mile delivery service providers to operate under pressure and recover from supply and demand shocks . The digital transformation is in full swing among large logistics and transport companies in North America.

The complexity of inter and intraregional commerce, supply chain bottlenecks and the exponential growth of the e-commerce industry are driving the industry’s continued demand for digital technology service providers to offer Innovative solutions that support near-zero fault process automation and enable seamless communication among industry participants to inform and on-site decisions to mitigate operational risks.

In the medium and long term, United StatesMexicoCanada (USMCA) as well as President Biden’s administration’s strategic investment plan in logistics infrastructure development and emphasis on green initiatives in United States are expected to stimulate growth in the North American logistics and transportation industry.

The increase in import activity with traces of an economic rebound, coupled with a labor shortage in seaports, has resulted in the accumulation of sea containers in major North American ports. Cargo capacity reservation delays and increased spot rates due to port congestion, operational delays and resource shortages are expected to continue over the medium term.

Adopting digital technologies powered by blockchain, analytics, and artificial intelligence to create customer-centric solutions can enable logistics companies to synchronize data in real time for efficient asset and fund management. rolling.

The study also highlights key digital disruptions that provide smart operating platforms for logistics industry participants to mitigate operational inefficiencies and covers the importance of an ecosystem of strategic partners for a new generation of services offering growth opportunities with future-proof connected logistics solutions.

Main topics covered:

1. Strategic imperatives

  • Why is it more and more difficult to cultivate?

  • The strategic imperative

  • The Impact of the Three Key Strategic Imperatives on the North American Logistics and Transportation Industry

  • Growth opportunities fuel the growth pipeline engine

2. Growth environment

  • NA Contribution to gross domestic product (GDP) of the logistics and transport industry

  • Outlook for the Logistics and Transportation Industry in the United States

  • Outlook for the Canadian Logistics and Transportation Industry

3. Analysis of growth opportunities

  • Scope of the analysis

  • Key questions answered

  • Contribution to GDP of the North American Logistics and Transportation Sector

  • US Economic Outlook

  • Outlook for the Canadian economy

  • Cross-border transportation of goods between the United States and Canada

  • Main sea container ports in North America

  • Air freight transport in North America

  • Main freight airports in North America

  • Growth drivers for NA’s logistics and transportation industry

  • Growth Constraints for NA’s Logistics and Transportation Industry

4. Key trends

  • Key Trends in NA’s Logistics and Transportation Industry

  • Operational delays with lack of resources

  • Cloud digital platforms for smart operations

  • The USMCA stimulates manufacturing investment in the United States and Mexico

  • Port developments without containers

  • Electrification of the commercial fleet

5. Key digital disruptions

  • Key digital disruptions in NA’s logistics and transportation industry

  • Blockchain technology for digital provenance

  • IoT for operational intelligence

  • IoT Application Areas in NA’s Logistics and Transportation Industry

  • Telematics market for connected trucks in North America

  • Success factors for IoT as a solution

  • Digital Freight Transfer Platform

  • Digital freight forwarder for simplified shipping

  • Robotic Systems – Reliable Workforce for Warehouse Operations

  • Features of the future warehouse

  • AI in freight transport

  • AI for predictive asset maintenance

  • Autonomous vehicles in road freight transport

  • Growth of strategic partnerships with truck modernization efforts

  • The future of NA’s logistics and transportation operations

6. Universe of growth opportunities

  • Growth Opportunity 1: Digital Business Solutions for Smart Logistics Operations

  • Growth opportunity 2: ecosystem of partners for end-to-end process transparency and real-time transport visibility

  • Growth opportunity 3: Modernization of fleets and intralogistics solutions for the optimization of resources

7. Next steps

For more information on this report, visit https://www.researchandmarkets.com/r/1xvcaq

Media contact:
Research and markets
Laura Wood, senior
[email protected]

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