ShareFAST GROWTH OF LOGISTICS IN THE INDUSTRY OVER THE WORLD
The global Covid-19 pandemic has left many consequences as well as great difficulties for everyone, from spiritual to material life.
However, everything that happens has its own good and bad sides. It can be seen that, after the pandemic, a lot of things have changed, especially in terms of logistics by sea or by air. The logistical bottlenecks of semiconductors make it difficult for car, computer and machine manufacturers to produce less and even shut down.
Today, with increasingly modern technology, the demand for e-commerce has also grown. This is why working from home/online/remote working forms are gradually becoming popular everywhere. Accordingly, the demand for food and medical products is increasing. All of these involve moving goods from producer to consumer by 3PL, 4PL, construction logistics, digital logistics, and more.
According to the most recent research by IMARC Group, the estimated figure for the logistics industry globally is around $4,920 billion in 2021 and is expected to reach $6,550 billion by 2027 with a CAGR of 4.7% aggregate annual growth. The above data proves that this is a large and potential market!
To improve and enhance the rapid development of logistics, we need to pay attention to the development of technology, including AI, GPS and automation to improve productivity and cut logistics costs.
All are eager to overcome the consequences and developments after the Pandemic, and so is the logistics. Loyo Logistic wishes to be accompanied with a main purpose in the end, which is to make the economy grow faster and faster.