Forto's 'course-correction' a shield against economic headwinds to come
Digital forwarder Forto has braced for this year’s expected headwinds and, following last year’s job ...
Disruption to logistics from technology is only beginning – its impact will increase as more investment pours into the industry.
According to a new study produced jointly by American Global Logistics and Logistics Trends & Insights, global spend on logistics IT will rise to $87.8bn by 2022, up 17% from the outlay in 2017.
The study’s authors say at least 3% of logistics IT investment in 2017 was funnelled into disruptive technologies, like artificial intelligence, robotics and blockchain, which translates into $2.23bn spent on this segment.
Assuming ...
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