The B.I.G. 2022 Annual Review
The supply chain is constantly evolving. Every year, there are new technologies, developments, and dynamic shifts taking place. If you want to stay ahead of the curve, it’s essential to know what to expect in the coming years. In order to understand the challenges we’ll face in 2023, we will need to take a look at what we learned in 2022 and how it applies to the future of freight.
2022 brought a variety of transportation advancements. Autonomous vehicles, including self-driving trucks and drones, are rising in popularity as a viable link in the logistics chain. This technology will help to reduce costs while improving safety and reliability.
Cross-border cargo is expected to increase significantly in the coming years as trade relations between countries continue to improve. Additionally, digitizing documents and seamlessly integrating shipment data into existing systems is becoming more common.
In 2023, supply chain logistics will continue to transform. As trade relations between countries become even more integrated and shippers move away from depending solely on Asia for their goods, re-shoring, near-shoring, and ally-shoring will spike, giving shippers and importers more options.
Transportation companies along with shippers and importers will have access to new digital tools that enable them to track shipments, resources, and freight easily. Automation technologies will also advance further, lowering costs and improving operational efficiency that will save clients time and money by simplifying processes and ensuring compliance.
Overall, in 2022 our industry saw significant improvements with the introduction of new technologies and a focus on cross-border cargo returning to our southern border. In 2023, we can expect further improvements as air cargo capacity stretches toward pre-pandemic levels. With more people traveling by air, belly cargo and freighter capacity will increase over 2022 levels, and with blanked sailings and rolled bookings becoming inevitable in the ocean market, air cargo experts are poised to rise to the challenge next year.
By understanding what the future will look like in 2023, BIG Logistics is putting our clients first, staying on top of trends, events, and outlooks to continue providing superior service in the new year. Transportation companies and shippers can stay ahead of the curve and take advantage of our expertise, network, technology, and global reach. If you’re ready to take control of your cargo, contact your BIG Logistics representative and find out how we can get you rolling into the New Year.