The world is getting smaller. Globalization has brought buyers and sellers closer together than ever, opening up new frontiers for commerce. The movement of goods is crucial for today’s smaller, more interconnected world, which means big growth potential for the transportation and logistics (T&L) industry.
But new growth comes hand-in-hand with new challenges. The T&L industry faces a number of disruptive global trends, such as the shift in geographic growth to emerging markets, the impact of digitization on venerable business models, overregulation, volatility in exchange rates and geopolitical uncertainty.