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The 7 Current Trends Impacting Last Mile Logistics Right Now October 24, 2017 / No Comments In the recent article titled " Five Digital Tech Trends That are Impacting the Freight Shipping Industry ", we explored how last mile logistics contributed to the technology seen in the freight shipping industry today.
Transportation Trends and Best Practices: The Battle for the Last Mile Established carriers and logistics services providers are clashing with tech-savvy newcomers to gain market share in this critical, final piece in the e-commerce puzzle.
Last Mile Logistics Trends Infographics , Omnichannel & Fulfillment , Technology The last mile logistics industry has evolved over time due to a variety of influencing factors, one of them being the popularity of e-commerce in consumer retail spending.
Trends are what allow traders and investors to capture profits. Whether on a short- or long-term time frame, in an overall trending market or a range of environment, the flow from one price to.
Thus, such high-risk factors are expected to fuel the growth of the market during the forecast period. To learn more about.
Last-mile delivery, especially of parcels, has recently received lots of attention in the media and from investors. The cost of global parcel delivery , excluding pickup, line-haul, and sorting, amounts to about 70 billion, with China , Germany, and the United States accounting for more than 40 percent of the market.
Last mile logistics refers to the final step of the delivery process from a distribution center or facility to the end-user. Although the name implies it, it is the final mile of delivery, but actual last mile delivery can range from a few blocks to 50 or 100 miles, explains Carrie Mantey of Supply and Demand Chain Executive .
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Last mile delivery is becoming more important than ever due to the surge of online orders. E-commerce sales are expected to reach $1.35 billion by 2018, an increase of 28.8% from 2013. These expected increases span across a variety of product types including apparel, entertainment, food, health & beauty, electronics and more.
For more information about this report visit https://www.researchandmarkets.com/r/vgi01v Research and Markets also offers Custom Research services providing focused, comprehensive and tailored.
To build a competitive advantage, retailers should consider looking at global cross-industry trends and build capabilities that can shape consumer experiences. For example, in China, consumers and the retail market have skipped a generation of technology: Next-gen technologies in the United States are yesterday’s technologies in China.
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