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. The European Union and the World Customs Organization, for example, have rejected the Safe Port Act of 2006 with the impossible requirement of 100% scanning of all containers.

Tesla and the Future of the Trucking Industry

Elementum

CEO Elon Musk, whose original “Master Plan” was unveiled ten years ago in 2006, initially mapped out blueprints for autonomous electric cars and energy storage. Around 14,547M tons worth of cargo was in transit in 2013, accounting for 73% of cargo delivered that year.