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5 shipping trends for 2021 for carriers to know

FreightWaves SONAR

With the havoc 2020 caused, can shipping trends get any worse? And demands for 2021 already reveal strife in procurement in the shipping industry and visibility through all operations, including carrier troubles. Preparation becomes the name of the game in shipping trends, and being ahead becomes the new normal.

Trends 105
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Mastering Disruption: A Smarter, More Connected Approach

Logistics Viewpoints

They can ingest large volumes of functional data and leverage advanced intelligence to recognize broad trends and specific disruptive events. It is not surprising that the TMS market will nearly double in size between 2024 and 2029, increasing from $11.75 billion to $23.07

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India Eyes Becoming the Next China, But Challenges Remain

MTS Logistics

If current trends continue, China’s population will top 1.44 billion in 2029 and from there, it will decrease. Population Growth As of March 2023, India’s population topped China where 1.428 billion are living in India vs. 1.425 billion living in China. This is mainly due to the one-child policy that was adopted in the 1980s.

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Additive Manufacturing Is Emerging From Prototypes

LandLink

The automotive industry represents the largest opportunity globally with $148 billion in additive manufacturing product value forecast for 2030, but it is closely followed by the machinery markets, and these figures differ from country to country. The same argument can be made for just about any similar service type industry.