The transportation industry has a long history of resisting all but the most essential innovations. In the face of security threats, logistics inefficiencies, and general uncertainty and volatility, transportation companies have moved at a snail’s pace—if at all—to digitize processes, incorporate emerging technologies, such as cloud and the Internet of Things (IoT), or increase connectivity and automation.
This historical reticence aside, transportation companies are realizing the status quo is no longer sustainable. The profound implications of security and transparency in the digital age are requiring even the most reluctant organizations to adopt new technology. Both transportation service buyers and end users are demanding more accountability from the companies and institutions with which they do business. Correspondingly, transportation companies are beginning to invest in digitization for faster, more seamless supply chain operation. They are increasing connectivity…
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