Surface logistics is a prevalent mode of transportation and is the best option to ship causation/dangerous products otherwise prohibited through the air. Surface cargo is supplying/shipping goods through the land, i.e., land, railways, etc. The business landscape in India has been changing at a fast pace. With the worldwide pandemic, there has been a change in consumer behaviour. Customers have now shifted towards purchasing online even to meet their basic requirements. To fulfil their demand, the logistics industry has also raised a level up in business.

However, even after all this new-age innovation, the logistics industry still heavily depends on the surface movement of the goods. Seamless Surface Logistics include a fast-paced road and rail transport network. However, the fast-paced surface movement of the goods is challenging given how big our service is. Therefore, the logistics service provider needs to have a large cargo fleet and move appropriately throughout the country, as India has a road network of 5.23 million kilometres and is expected to grow at a CAGR of 8% in next five years. Transportation industry contributed roughly 6.3% of GDP and is majorly dominated by road sector. On top of that, there is also a need to track the movement of goods, their storage, and distribution. To boost the connectivity across country, 100% FDI has been allowed in roads and Highway sector via automatic route.

Surface Logistics Opportunities:

Cloud based logistics incorporates resources from the various stages in the logistic process in real time. The cloud simplifies the process by creating a checkpoint system that allows you to check, evaluate, confirm, and approve each part of the operation. Logistics companies were among the first to adopt and embrace a cloud-based system. Logistics companies that deploy smart technologies have reduced a lot of management complexities and faster return on investment. Sensors are built into cargo ships, trains, and trucks etc. and helps us to connect by alarming systems that monitor and track the cargo. These smart sensors then transmit signals to the crew, which allows them to manage the risk and learn more about routes and hidden liabilities throughout the logistical process. All of this leads to shipment optimization, fleet specific planning, though, effective organization and financing, and increased cyber security measures.

Integrated Frictionless logistics means doing the regular works with complete perfection. To reduce the friction and hassle, ABCN puts the visibility, collaboration, and execution all in one place.

The advancements in GPS tracking software allows logistics managers to locate all modes of transportation in real-time. This makes recovery more likely, faster, and with a smaller number of problems. Anti-theft GPS systems give managers real-time locations for entire fleets and items in transit with an increase in visibility and control while deterring theft. As the technology evolves, more fleets will be using it to keep their assets safe in further coming years.

There is a lot to keep track of regarding logistics regulatory compliance and managing the inherent freight risk in the logistics industry. Freight logistics face many outside risks from increased market demands, evolving customer’s needs, fluctuating economic conditions, and other significant factors. These risks and stress points require transportation companies and freight-shipping organizations to establish and maintain thorough and innovative risk management strategies. We forecast rates to drop in line with the economy cooling off a bit and some shift of customer spending from products to services.

Blockchain, invented by Satoshi Nakamoto, is a distributed database technology that holds records of digital information with transparency, security and works without a controlled central organ. Blockchain is not just another new technology, it is expected to play a key role in achieving a steady growth of logistics businesses. Blockchain technology creates a trusted environment by making sure that transaction information on blocks is resistant to faking or modification.

In the future, blockchain is expected to bring about a paradigm shift in logistics. It will make the transaction verification process more efficient and help achieve a quick delivery of goods and services through mutual trust among participants.

Mineral Transportation is a significant part of the economy in each country. According to Statistics, truck transportation contributed more than 80% to the nation’s gross domestic product. The key to the success in the transportation business is offering the most cost-effective, flexible, and efficient services.