The Logistics industry in the U.S. represents approximately 10% of the GDP or close to 2 trillion dollars. Data shows that the most significant activity comes from trucking. Trucking moves 71% of all the freight in America, and nearly 6% of all the full-time jobs in the country are in the trucking industry. That translates into an $800B industry moving over one billion trailer and container loads in any given year.
Typically, transportation execution is a multi-party, multi-tier effort that occurs among many supply-chain partners. In our current reality pure efficiency is no longer sufficient, agility and adaptability have come to the forefront. As a result, supply chain executives have been heavily investing in automated execution and real-time visibility technologies to continue moving inventory and delivering on customer expectations.
In this roundtable, we will have veterans of the industry discussing the following questions:
How has the role of the supply-chain evolved in the current pandemic?
What are the key transportation and trucking challenges?
How is the industry innovating, how should the industry innovate?
How can academia and industry better partner?
What business benefits should organizations expect from their investments in innovation?
What lies ahead?