Homepage

News

What's happening on the roads in 2023.

Source: eKapija

Wednesday, 10.05.2023.

23:06

Comments

Podeli

(Photo: Milos Muller/shutterstock.com)

What challenges await the transport and logistics industry this year, what are the future trends and what should be focused on in business, summarized, read below:

Shipping price drop – with goods bought and shipped at higher prices mostly sold before the first quarter of 2023, the effects of lower shipping costs should slowly become more apparent throughout the year.

Automation, digitization and AI - already a trend in the transport and logistics industry for several years, and in 2023 they will become increasingly necessary in various business processes. The use of robotics in warehouse management or customer care is a trend that is already relevant for the current year. Paper is still widely used in supply chain processes, but is being rapidly replaced by digital communications - a trend expected to continue into 2023.

Labor shortage - in 2022, the workforce was already at an all-time low, and the situation will not improve in 2023. According to Forbes, there is one qualified driver for every nine job postings. To keep the supply chain moving, companies will need to invest in driver retention, which includes incentives.

Multichannel logistics - 2022 has shown more than previous years how one-dimensional supply chains can fall apart under certain conditions. That is why multi-channel logistics, considering all relevant modes of transport, will become even more important in 2023 and beyond.

Consequences of the covid pandemic - it can be expected that the consequences of the covid-19 pandemic and geopolitical unrest will be felt in the industry throughout 2023.

New Global Challenges - After the events of 2022, in 2023, the logistics and transportation industry is threatened by risks such as global recession, new conflicts and adverse climate impacts.

Rising Inflation - With so many factors affecting diesel prices and so much volatility in the market, trucking companies will need to find ways to adjust to this continued price increase throughout 2023.

Declining demand - if the global economy continues to move towards recession in many countries, consumer demand is likely to decrease during 2023.

New acquisitions - Market research firm Transport Intelligence reports that mergers and acquisitions have been increasingly active over the past two years due to uncertain and turbulent market conditions. With the worsening economic situation, further consolidation in freight forwarding is likely, as companies continue to focus on increasing their capabilities and geographic reach.

More demanding customers - Retailers will face more demanding customers and will need to focus on delivery performance, along the way looking for ways to reduce the rising cost of home delivery.

Source: Procurement Tactics

Tags:

transport and logistics in 2023

multi-channel logistics

consolidation in forwarding

eKapije thematic newsletter

special edition newsletter Transport and Logistics 2023

special edition newsletter Transport and Logistics Fast Reliable Logistical

Comments

Your comment

Naš izbor

PRO-BOX Solution - Shipment of goods from the warehouse in Indjija three times a week Industry

Trasing - An important role of transport systems for pallets in distribution centers Industry

Instant Factoring - Invoice financing on promo terms Transport, Finance

Perić Trans Company - Always ready to respond to clients' requests Transport

Pobeda Industrial Park announces capacity expansion Industry, Construction

Transfera Company: Continuous growth and development in times of major crises Industry, Transport

Most Important News

06.04.2024. | Agriculture

Preconditions for Placement of Fresh Blueberries and Dried Plums in Chinese Market Secured

16.04.2024. | News

Jovan Ciric, Leasing Director Retail MPC Properties – MPC Echo symbolizes our desire for good ideas and innovative endeavors to spread freely and bring about positive changes

16.04.2024. | News

10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture

Creative Industry – What This Serbian Economy Sector Worth EUR 2 Billion Encompasses

10.04.2024. | Finance, IT, Telecommunications, Tourism, Sports, Culture

24.04.2024. | Construction, Healthcare

Price of construction of Tirsova 2 increases to EUR 141.6 million – Contract awarded to consortium of 10 companies

24.04.2024. | Construction, Healthcare

16.04.2024. | News

Economy Fair in Mostar opens – 26 companies from Serbia exhibiting

16.04.2024. | News

24.04.2024. | Construction, Transport

Dates of publishing of tenders for construction of three sections of fast railroad from Belgrade to Nis known

24.04.2024. | Construction, Transport

Full information is available only to commercial users-subscribers and it is necessary to log in.

Forgot your password? Click here HERE

For free test use, click HERE

Follow the news, tenders, grants, legal regulations and reports on our portal.

Registracija na eKapiji vam omogućava pristup potpunim informacijama i dnevnom biltenu

Naš dnevni ekonomski bilten će stizati na vašu mejl adresu krajem svakog radnog dana. Bilteni su personalizovani prema interesovanjima svakog korisnika zasebno, uz konsultacije sa našim ekspertima.