Emerging technologies in the transportation industry and impact on community development
In a dynamic and competitive world, business organizations and government agencies must adapt to unprecedent changes that impact development in numerous dimensions. Many decades ago, technology had a less important role to play in transforming the way businesses are conducted. However, in today’s world the rapid pace of development continues to draw increasing support for faster and more accurate decisions using effective and reliable tools As the freight industry becomes increasingly complex especially in a business environment ravaged by the aftermath of a global pandemic, a new technology that draws the attention of practitioners is the SCV (Supply Chain Visibility). An entire chain of cargo movements can be monitored constantly real time. The pandemic resulted in supply chain disruptions and unexpected delays, further exacerbating transportation costs for many carriers. In a study carried out by Accenture, it is crucial that immediate response, optimization, and monitoring is c...