Chip Flynn’s Post

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Vice President- Business Development-Transportation Insight

What is happening to the logistics industry? The future of logistics is being shaped by various key trends that are transforming the industry. Digitalization and automation are streamlining operations, while big data and predictive analytics are optimizing supply chain performance. Here are some common challenges faced by logistics companies- *Supply Chain Disruptions *Rising Transportation Cost *Inventory management Challenges *Labour Shortages and Skill Gaps *Regulatory Compliance and Customs Challenges Weak cargo demand and higher interest rates are challenging freight upstarts. Logistics technology companies are cutting cost and slashing staff as a prolonged slump in freight stretches into 2024.

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