The IT revolution: How artificial intelligence is transforming the logistics industry

Never underestimate the importance of transport management to the British economy. The industry is worth billions (circa £60bn in 2013) and around 150,000 VAT registered UK companies are dependent on road transport to trade effectively. As transport costs are typically between 3-10 per cent of a company’s turnover, they are an important factor for both individual organisations and the economy as a whole. One of the long held aims of the industry has been to reduce the number of freight vehicles on the road. As such a significant part of the GDP in both the UK and the rest of Europe, the prospect of being able to remove 30-40 per cent of freight vehicles from the roads has massive environmental and economic implications for all of us. So what is…


Link to Full Article: The IT revolution: How artificial intelligence is transforming the logistics industry