APRIL - JUNE, 2019LOGISTICSTRANSPORTATIONREVIEW.COM6Today, with the constant maturation of tech-based solutions, companies are being able to improve field services by incorporating a lean supply chain methodology and effective logistics solutions. In addition, the meteoric rise of the e-commerce industry has resulted in further strengthening and optimizing their logistics services. Powerful logistics can enable an organization to improve delivery performance and increase customer satisfaction levels, thereby helping enterprises in gaining a competitive edge over its contemporaries. Therefore, witnessing an ever-increasing significance, the size of the global logistics market is estimated to grow into a 15.5 trillion dollar market by 2023.Further, as more technological advances and increased demands from customers are augmenting the need for digitalized operations, logistics companies are incorporating innovative technologies into their service offerings. Shipping companies are utilizing solutions that leverage AI, ML, big data, and IoT to reduce redundancies, mitigate risks, strengthen traditional forecasting techniques, and optimize routes to speed up deliveries and improve customer experience. Additionally, by introducing business process automation and advanced data analytics into logistics segment, companies are trying to bolster a more data-driven decision making approach and enhance the efficiency of their outcomes. This integration of ML algorithms and data from IoT sensors are enabling improved performance, safety, and maintenance of vehicles used in the logistics sector. As more innovative technologies boost the transformation rate of the logistics landscape, the significance of highly effective logistics tech solutions is becoming increasingly apparent. In the light of this, Logistics & Transportation Reviewpresents its Logistics tech edition to feature insights from industry leaders and innovative solution providers. We hope this magazine is helpful in preparing you for the challenges of tomorrow.Let us know your thoughts!Evolving Businesses with Tech-Based Lo-gistics ServicesEDITORIALCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the pub-lisher is prohibited. The publisher assumes no responsibil-ity for unsolicited manuscripts, photographs or illustra-tions. Views and opinions expressed in this publication are not necessarily those of the magazine and accord-ingly, no liability is assumed by the publisher thereof.Editorial StaffOlivia HarperDavid CarterPaisley AaronClaire JonathanVisualizersRonald DonovanEthan AdamManaging EditorStephanie Matthew*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffApril - June, 2019 Volume 02 Issue - 02Published by ValleyMedia, Inc.To subscribe to Logistics & Transportation ReviewVisit www.logisticstransportationreview.com Email:sales@logisticstransportationreview.comeditor@logisticstransportationreview.commarketing@logisticstransportationreview.comStephanie MatthewManaging Editoreditor@logisticstransportationreview.com
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