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The logistics industry is constantly evolving. As technology and innovation keeps increasing globally, the industry keeps witnessing drastic changes in the way things have always been done. As the new year gradually unfolds, everyone in the industry is looking forward to seeing what it holds for logistics companies. Here, we have put together top 5 logistic trends that could be big in 2020. As a player in the industry, you do need to check them out. Beginning from the very first to the last. 5 Logistics Trends You Need To Watch Out For In 2020 Below is a list of them: Artificial intelligence (AI) – The emergence of artificial intelligence (AI) has really made things easier in the logistics and transportation industry. It has greatly led to a decline in the number of accidents and traffic congestion witnessed nearly everyday around the world. It has also helped to cut down overall expenses made by logistics companies. While there are several types of artificial intelligence (AI) in the industry today, it is expected that in this year 2020, the use of knowledge-based systems (KBS), neural networks (NN), fuzzy systems (FS), genetic algorithms (GA) and agent-based methods (ABM) will be on the increase. You can take advantage of all these and change a whole lot of things in your logistics company.

• Blockchain

Blockchain has practically changed the way business is being done all over the world. In the logistics industry in 2020, it is expected that the use of Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and many others, will increase. Blockchain will help in improving the security of payments in the transportation industry, recording and certification of third party transactions etc. Though blockchain still has its challenges which can be easily seen, its overall benefits far supersedes those challenges. It will greatly transform the logistics industry this 2020.

• Mobile technology

Another logistics trend that could be big in 2020 is the use of mobile technology. By mobile technology here, I mean mobile application that helps in carrying out business operations faster and easier. Mobile applications can really assist in the booing and tracking of shipments, storing of customer data, identifying inventory and so much more.

• Autonomous transportation

The United States Department of Transportation accounts driver error to be the 94% cause of many accidents. With human drivers gone, our roads would be safer, deliveries faster and business operations more efficient. This is what autonomous transportation technologies hope to achieve. It is expected that before the year 2020 is over, self-driving trucks and drones meant for delivering goods will become a common thing in the logistics and transportation industry. While we already have autonomous forklifts in use in most modern warehouses to load and offload goods, this new decade will usher in self driving delivery trucks that can actually help transport these goods.

• Environment-Friendly Practices

Eco-friendly practices are definitely expected to be big this 2020 and upwards. While the industry has seen so many sustainability and green solutions in the last few years, it is expected to be on the increase this year. This will involve logistic companies purchasing a good number of equipment that can help lower emissions and so on. In Summary These are the top 5 logistics trends that could be big in 2020. While some of them are already transforming the industry in a very amazing way, logistics and freight companies are likely going to use them more this year and upwards.