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Chain of Custody: The source of control in global supply chains? – IoT Beyond the Buzz

Global Trade Management

The logistics industry is slowly being transformed to the point when the utilization of the electronic data environment will become the norm in the industry and the additional technological advancements in IoT technology will enable the integration of complete cargo supply. Second, initiated by 9/11 billions of US$ grants have been given to companies to develop new technologies for making international supply chains more secure.

Cargo 40

Top 15 Biggest 3PLs in the US - 2017

Material Handling & Logistics

While the growth in the third-party logistics market has slowed somewhat, 90% of the major companies in the U.S. This points to an ongoing trend, Armstrong notes, "for companies to outsource logistics functions to 3PLs in order to control costs and increase supply chain efficiency."

Amazon, FedEx and Adjacent Innovation

Techgistics

No tech company exemplifies adjacent innovation better than Amazon and no other tech company benefits from scale as much as Amazon. Source: Statista. Bloomberg Businessweek recently released a report by Devin Leonard, entitled “Will Amazon Kill FedEx?”.