Tradelines News

Get the latest news and updates on cross-border customs and international trade.

IoT Will Alter the Freight Transportation Landscape in Myriad Ways

(John D. Schulz – Logistics Management)

Bananas ripening perfectly in a truck trailer outfitted with sensors controlling the ripening gases that turn the fruit that rich canary yellow color that appeals most to consumers.

That is one of thousands of potential uses for the “Internet of Things” (IoT) line of innovative thinking that enterprises will be connecting assets and leveraging predictive analytics and advanced intelligence as part of digital transformation in freight transport.

And most importantly, what is the realized value?

“Ten years from now do you want to be that guy with obsolete equipment?” asked Ralph Rio, vice president of Enterprise Software of ARC Advisory, a leading technology research firm for industry and infrastructure. Click here to read more.