New Technologies Drive Logistics Forward

Over the last decade, e-commerce has led the field as the primary driver of new logistics-applicable technologies as consumer and production demands for effective last mile and quick product delivery increase.

That transformational evolution has led to continued investment in delivery infrastructure and logistics operations that are key factors in fueling business growth in increasingly competitive international and national business sectors.

Revenue in the global eCommerce Market is projected to reach $4.12 trillion in 2024 with revenue expected to show an annual growth rate (CAGR 2024-2029) of 9.49 percent, resulting in a projected market volume of $6.48 trillion by 2029, according to industry researcher Statista.

Read the full article from Expansion Solutions Magazine here.