Will the coronavirus cause logistics technology to grow faster?
That is exactly what we are seeing. The COVID-19 challenge is encouraging companies to accelerate their adoption of new technologies that boost productivity. Beneficiaries include robotics, drones, transportation management systems (TMS), robotics process automation (RPA), and more. In turn, venture capital and private equity firms are increasing their investment in these vital technologies.
I recently conducted an interview on FreightWaves on this very topic. In sum, the coronavirus will impose serious challenges on the supply chain, but it will also give new technologies an opportunity to show what they can do to help.
To see the full video on coronavirus and logistics, please click on https://www.freightwaves.com/news/how-has-covid-19-changed-the-freight-tech-landscape.