Skip to content
Search AI Powered

Latest Stories

Forward Thinking

Three innovations that will change transportation

A report by the World Economic Forum and the Boston Consulting Group identifies technologies that could have the greatest impacts on freight and passenger transportation in the future.

Technological advances are transforming transportation so quickly that it's hard to predict where new technologies will lead. But Connected World: Transforming Travel, Transportation, and Supply Chains, a new report from the World Economic Forum and the Boston Consulting Group, takes a stab at identifying the innovations that could have the greatest impact on transportation by 2025. Here are three examples:

A traffic management system for megacities would integrate and process real-time information from vehicles, infrastructure, individuals, and the environment to manage traffic. Before highway congestion reaches problematic levels, the system would automatically reroute drivers or adjust tolls to encourage alternate routes.


A "smart" visa system would eliminate the long lines at airport screening points and land border crossings, simultaneously enhancing security. Visa applications would be standardized across multiple countries, and biometric identity checks would speed customs processing.

A real-time tracking system for optimizing logistics would solve many problems associated with "last-mile" deliveries. Radio frequency identification (RFID) chips would be incorporated into packaging and used to track the real-time location of items and other factors, such as average shipment temperature.

The report noted that some of these technologies exist today, but a lack of cooperation across industries and public agencies prevents widespread implementation. Other concerns include data ownership, data privacy, and resilience against cyberattacks.

A copy of the report is available from The World Economic Forum.

Recent

More Stories

AI image of a dinosaur in teacup

The new "Amazon Nova" AI tools can use basic prompts--like "a dinosaur sitting in a teacup"--to create outputs in text, images, or video.

Amazon to release new generation of AI models in 2025

Logistics and e-commerce giant Amazon says it will release a new collection of AI tools in 2025 that could “simplify the lives of shoppers, sellers, advertisers, enterprises, and everyone in between.”

Benefits for Amazon's customers--who include marketplace retailers and logistics services customers, as well as companies who use its Amazon Web Services (AWS) platform and the e-commerce shoppers who buy goods on the website--will include generative AI (Gen AI) solutions that offer real-world value, the company said.

Keep ReadingShow less

Featured

Logistics economy continues on solid footing
Logistics Managers' Index

Logistics economy continues on solid footing

Economic activity in the logistics industry expanded in November, continuing a steady growth pattern that began earlier this year and signaling a return to seasonality after several years of fluctuating conditions, according to the latest Logistics Managers’ Index report (LMI), released today.

The November LMI registered 58.4, down slightly from October’s reading of 58.9, which was the highest level in two years. The LMI is a monthly gauge of business conditions across warehousing and logistics markets; a reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
chart of top business concerns from descartes

Descartes: businesses say top concern is tariff hikes

Business leaders at companies of every size say that rising tariffs and trade barriers are the most significant global trade challenge facing logistics and supply chain leaders today, according to a survey from supply chain software provider Descartes.

Specifically, 48% of respondents identified rising tariffs and trade barriers as their top concern, followed by supply chain disruptions at 45% and geopolitical instability at 41%. Moreover, tariffs and trade barriers ranked as the priority issue regardless of company size, as respondents at companies with less than 250 employees, 251-500, 501-1,000, 1,001-50,000 and 50,000+ employees all cited it as the most significant issue they are currently facing.

Keep ReadingShow less
diagram of blue yonder software platforms

Blue Yonder users see supply chains rocked by hack

Grocers and retailers are struggling to get their systems back online just before the winter holiday peak, following a software hack that hit the supply chain software provider Blue Yonder this week.

The ransomware attack is snarling inventory distribution patterns because of its impact on systems such as the employee scheduling system for coffee stalwart Starbucks, according to a published report. Scottsdale, Arizona-based Blue Yonder provides a wide range of supply chain software, including warehouse management system (WMS), transportation management system (TMS), order management and commerce, network and control tower, returns management, and others.

Keep ReadingShow less
drawing of person using AI

Amazon invests another $4 billion in AI-maker Anthropic

Amazon has deepened its collaboration with the artificial intelligence (AI) developer Anthropic, investing another $4 billion in the San Francisco-based firm and agreeing to establish Amazon Web Services (AWS) as its primary training partner and to collaborate on developing its specialized machine learning (ML) chip called AWS Trainium.

The new funding brings Amazon's total investment in Anthropic to $8 billion, while maintaining the e-commerce giant’s position as a minority investor, according to Anthropic. The partnership was launched in 2023, when Amazon invested its first $4 billion round in the firm.

Keep ReadingShow less