Digitization has redefined the global transportation sector like few others. In what was until recently one of the last bastions of analog processes and entrenched inefficiency, transportation across road, rail, sea and air is experiencing profound redefinition and invention. In personal transportation in particular, prominent startups have shattered traditional industry value chains by introducing new digital platforms that simultaneously break down entry barriers and redefine how markets operate.
These successes are motivating innovation elsewhere. In service areas as disparate as sea, rail and air, business leaders are recognizing how susceptible traditional business models are to external disruption, and many are choosing to become disruptors themselves. For example, Memphis-based global logistics giant FedEx is using intelligent robots as mailroom attendants and mechanical assistants in its repair facilities. France’s national railway business SNCF has employed Internet of…
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