CARGOCONNECT-APRIL2025 - Flipbook - Page 45
FUTURISTIC LOGISTICS : FEATURE
However, along with these opportunities, the logistics
industry must also navigate some formidable challenges.
Mehra notes that despite the ongoing advancements and
evolutions, companies are under pressure to address
rising fuel costs, carbon reduction mandates, and an
evolving workforce. These challenges, he advises, will
require a careful balance between adopting cutting-edge
technology and ensuring that the costs and environmental
impacts of logistics operations remain sustainable.
“The need for sustainability and cost-e昀昀ectiveness
will be paramount,” Mehra observes. However, as
he adds, “Integrating AI, IoT, and route optimisation
techniques will be crucial in ensuring that companies
not only remain competitive but also address carbon
reduction targets in the face of rising fuel costs.”
Abhishek Baheti, Co-founder of MatchLog Solutions, echoes Mehra’s observations, adding that the
logistics industry is poised to grow significantly to
US$484 billion by 2029, at a CAGR of 8.8%, with
opportunities in automation, digitisation, and sustainability. However, Baheti also warns of challenges such
as fragmented infrastructure in emerging economies,
regulatory ambiguities, and the high upfront costs
associated with green technologies, which remain critical
hurdles that need to be addressed for the industry’s
continued growth.
Naman Vijay, CEO of ClickPost, builds on Mehra’s
and Baheti’s insights, emphasising the unparalleled
opportunity AI, IoT, and automation o昀昀er in boosting
operational e昀케ciency. As the demand for faster, more
personalised deliveries increases, logistics providers
will need to implement solutions that are scalable,
sustainable, and cost-e昀昀ective.
“The rise of quick commerce and growing e-commerce penetration present signi昀椀cant opportunities,”
Vijay explains. But, he underscores that the desire
for speed needs to be balanced with sustainability
goals, emphasising that logistics companies must
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