Global logistics spending is expected to reach $10.6 trillion in 2020, with transportation accounting for the majority at 70%, Frost & Sullivan’s recent analysis titled “Urban Logistics Opportunities—Last-Mile Innovation” revealed, “Saudi gazette” informs.
Emerging technologies such as cloud computing, big data, and crowdsourcing, coupled with an influx of tech-savvy start-ups, are unbundling the value chain and transforming delivery models.