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The Digital Transformation of Maritime Freight
The maritime container shipping (dry and reefer) industry boasts the largest value in the supply chain, with a material impact on many countries’ gross domestic product. According to the World Shipping Council (WSC), the trade value is more than US$4 trillion in goods on an annual basis. Approximately 6,000 maritime container ships are active at any given point, along global seas and waterways. This industry is a critical part of the often manual, fragmented, inefficient, and expensive End-to-End (ETE) supply chain.
Transformative opportunities abound from the fragmented industry, with many family-owned companies generating hundreds of millions of data points each day, with nowhere near the transparency, security, environmental health, and efficiencies optimized. Opportunities and challenges lie in the total lack of data standards, with even digital providers scouring masses of spreadsheets daily for pricing.Continue
Reports & Data
Productivity, efficiency, and safety are enticing benefits to autonomous driving. However, adherence to standards and agreement on regulations by governments, industries, and consumers will remain hurdles for the near future, especially for the trucking industry.
It is believed that of the 612,000 bridges in the United States, more than 130,000 – over 21% - are either functionally obsolete or structurally deficient. Eighty-seven of these bridges are in Palm Beach County, Florida and the full list even includes iconic infrastructures such as the Brooklyn Bridge. Over one in four of the bridges are 50 years old or more, without having had any major reconstruction. About 55,000 are estimated to require significant repairs and unfortunately, these bridges are crossed 185 million times per day. At the current rate, it will take about two decades to repair just the bridges currently identified.
Every client is assigned a key member of our research team, based on their organization’s needs and goals. And, an unlimited number of Analyst Inquiry calls are available to answer your specific questions.
Nov. 6, 2018, 2 p.m.
Global maritime freight transportation revenue is expected to grow from $166 billion in 2017 to over $205 billion in 2023. Over the next five years, maritime suppliers across the value chain will increasingly adopt solutions to address security, overcapacity and accurate cost models. New digitization solutions, catering to the maritime freight industry, offer game-changing opportunities to leverage big data and emerging technologies. Revenues and profits will be driven by technologies best poised to disrupt the maritime shipping industry including big data and analytics, blockchain, electrification, assisted and automated operations, drones and robotics, and AR/VR.
The webinar will also address the following questions:
- Why is this an important market to consider?
- Who are some of the most interesting industry leaders?
- What are some of the key technologies developing for the industry?
- Who are the current technology influencers?
- How is the market evolving over the next five years?
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