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The logistics industry is disrupted but not defeated

Published Tue, Feb 23, 2021 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

IN the past year alone, entire industries have changed immensely as companies rethink business models and adapt to evolving regulations. Over on the logistics front, supply chains have had to evolve to meet the needs of a changing omnichannel consumer and expedite the movement of critical goods in the face of trade restrictions and border closures.

As the saying goes, we should look back to learn how to look forward. With the global logistics market forecasting growth of 17.6 per cent to US$3.2 billion this year, how can the industry adapt swiftly from the lessons of the year before, and stay ahead of the curve?

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