Simply Trade [News]: The Year of Change: Analyzing Key Logistics and Supply Chain Trends Predicted for 2024

In this news roundup episode, the hosts discuss the trends for 2024 in the logistics industry. The topics covered include digitalization, economic headwinds, sustainability, last mile delivery, supply chain resilience, and cybersecurity. The hosts provide their opinions on each trend and express the need for further exploration and expert insights.

Main Points

02:30

Trend 1: Digitalization

The hosts analyze Forbes' prediction that digitalization will continue among large and small shipping companies in 2024 as more implement their own software systems and tools.

 

04:23

Trend 2: Economic Headwinds

Economic volatility is expected with interest rate hikes impacting business costs and geopolitical instability potentially disrupting fuel and supply chains.

 

08:04

Trend 3: Sustainability

Sustainability initiatives like renewable energy and green initiatives will grow but require balanced approaches and discussion of all perspectives.

 

12:05

Trend 4: Last Mile Delivery

Companies are expanding last mile delivery options using contractors and self-driving vehicles to offer faster delivery services directly.

 

16:21

Trend 5: Supply Chain Resilience

Supply chain resilience will be key as companies diversify suppliers, source goods differently and implement analytics to identify risks and responses.

 

18:32

Trend 6: Cybersecurity

Cybersecurity remains an important trend as attacks on transportation and other industries continue, requiring updated security across wireless devices and systems.

Enjoy the show!

Host: Annik Sobing: https://www.linkedin.com/in/annik-sobing-mba-b226251a2/ 
Host: Andy Shiles: https://www.linkedin.com/in/andyshiles/ 

Host/Producer: Lalo Solorzano: https://www.linkedin.com/in/lalosolorzano/ 
Co-Producer: Mara Marquez: https://www.linkedin.com/in/mara-marquez-a00a111a8/

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