67% parcels to be delivered same day by 2023

Zebra Technologies Corporation (NASDAQ: ZBRA), the global major in rugged mobile computers, barcode scanners and barcode printers, last week announced the results of the Asia-Pacific edition of the Future of Fulfilment Vision Study , a body of research analyzing how manufacturers, transportation and logistics (T&L) firms, and retailers are preparing to meet the growing needs of the on-demand economy.   KEY SURVEY FINDINGS The study revealed that 67 percent of logistics companies expect to provide same-day delivery by 2023 and 55 percent anticipate delivery within a two-hour window by 2028.In addition, 96 percent of survey respondents expect to…

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Key findings: DHL’s Logistics Trend Radar

In the fourth edition of the Logistics Trend Radar, a pioneering series that started in 2013, DHL reveals 28 key trends that could impact the logistics industry in the next five to ten years. The Logistics Trend Radar is developed through the analysis of mega- and microtrends as well as direct input from a large partner eco-system including research institutes, tech players, start-ups and customers. Most of the insights are collected first-hand from over 10,000 logistics professionals and technology experts who visit the DHL Innovation Centers annually. “Our Logistics Trend Radar acts as a…

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Positive impact of GST on Road Logistics

Credit rating and research agency ICRA has recently released a comprehensive survey report covering 50 transport companies and 15 end-user firms which examined the impact of GST on logistics business. The survey findings clearly highlight that India’s biggest tax reforms has largely been positive for the road logistics sector. Shamsher Dewan, Vice-President, ICRA said , “As was expected, the removal of inter-state check-posts has resulted in significant reduction in waiting/idle time for trucks, thereby improving their turn-around time and efficiencies, as confirmed by 60% of transporters that we interacted with. As…

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Urban Logistics and last mile delivery models

Frost & Sullivan’s recent analysis, Urban Logistics Opportunities—Last-Mile Innovation finds that global logistics spending is expected to reach $10.6 trillion in 2020, with transportation accounting for the majority at 70%. 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. About two fifth of the overall logistics costs are associated with the last mile that are forcing providers to come up with newer innovative solutions to deliver packages within cities. Frost & Sullivan predicts…

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Improved outlook for steel business

A recent study by a leading credit rating agency has pointed at strong demand growth trends in the steel business in the country. According to the report, fresh demand from automobile and construction sectors are driving the growth in steel business. “Driven by a strong demand growth in Q4FY2018, domestic steel consumption growth has improved to 7.9% in FY2018, up from 5.2% registered in 9MFY2018. Resilient demand from the automobile sector and improving demand for longs from the construction sector remained the key growth drivers during Q4FY2018. Despite a lack…

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Margin pressure for Commercial Vehicle operator

Leading credit rating and research agency India Ratings and Research has recently come out with a report which underlines that even as there has been an increase in freight volumes in the recent months, the spike in fuel prices may keep the margins of commercial vehicle operators under pressure. “A gradual recovery in freight volumes and fleet utilisation levels will enable fleet operators to pass on a portion of the recent rise in fuel prices, albeit with some lag. The pass-through in fuel prices will vary across states, depending upon…

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Connected Cars & AI prompt automotive manufacturers to partner with software vendors

With an anticipated global connected vehicles parc of more than 200 million by 2025, automotive original equipment manufacturers (OEMs) are looking to seize a competitive advantage by offering space-age customer experience. They are employing personalization based on Artificial Intelligence (AI), virtual assistants, digital cockpit, and data monetization solutions to deliver a rich Internet of Things (IoT) user experience to an increasingly demanding customer base. “Between 2017 and 2022, OEMs will require a suite of solution providers and data aggregators to deliver meaningful data to consumers across industries, government agencies, and smart city implementers,” said…

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GDP growth to rise to 7.4% in Q4 FY2018

According to a latest report by credit rating agency ICRA, the domestic GDP growth rate is expected to improve to 7.4% in Q4 FY2018 from 7.2% in Q3 FY2018, exceeding the implicit forecast of 7.1% embedded in the Central Statistics Office’s (CSO’s) Second Advance Estimate of National Income for 2017-18. As per ICRA, the growth of the Indian gross value added (GVA) at basic prices in year-on-year (YoY) terms is likely to record a considerable recovery to 7.3% in Q4 FY2018 from 6.7% in Q3 FY2018, thereby rebounding above 7.0%…

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14% annualized growth projection for global chemical logistics

Technavio market research analysts recent forecast, the global chemical logistics market, has projected a CAGR of 14% during for the business between 2016 to 2022. The increased demand for the customized green warehouse will drive the demand for the global chemical logistics market during the forecast period. Logistics companies such as Deutsche Post World Net have rolled out green initiatives in transportation, warehousing, and distribution operations in a bid to reduce their carbon footprint by 30% by 2020. According to a senior analyst at Technavio for logistics research, “The shift of the chemical logistics industry to…

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Telematics, e-commerce and 3D printing drive new growth opportunities

Telematics, e-commerce and 3D printing will form key foundations in the evolution of the original equipment manufacturer (OEM) aftersales channel, with OEMs attempting to integrate all aftersales services into a single, digital platform. According to a latest report by Frost & Sullivan, global automotive aftermarket demand is expected to increase by 4.4% during 2018, with a slowdown anticipated in some developed markets. Participants in the OEM aftermarket who embrace potential data monetisation opportunities that can be optimised by enhanced customer accessibility, widening B2B networks, and expanding product and service portfolios,…

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