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It is not surprising that the TMS market will nearly double in size between 2024 and 2029, increasing from $11.75 The logistics domains and industrys leading software providers recognize that supply chain disruptions and volatility are growing and they have responded with some powerful innovations. billion to $23.07
2024 has seen continuous evolution across all aspects of the warehouse and logistics sector, from the increased adoption of electric vehicles in logistics fleets to new sustainability initiatives being implemented across the industry. Despite that, the warehouse and logistics industry must focus on making a sustainable energy future.
As an industry analyst focused on supply chain solutions, I admit to some skepticism as well. But Kevin Roose of the New York Times has had conversations with industry insiders. The surge in energy demand from AI data centers could lead to a 70% increase in electricity bills for consumers and small businesses by 2029.
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