{"id":966,"date":"2021-06-26T12:50:19","date_gmt":"2021-06-26T12:50:19","guid":{"rendered":"https:\/\/phoenixglobalgroup.com\/?p=966"},"modified":"2024-02-27T09:52:13","modified_gmt":"2024-02-27T09:52:13","slug":"trends-of-road-transports-in-europe-and-growing-competition-in-the-sector","status":"publish","type":"post","link":"https:\/\/phoenixglobalgroup.com\/el\/nea\/trends-of-road-transports-in-europe-and-growing-competition-in-the-sector\/","title":{"rendered":"Trends of Road Transports in Europe and growing competition in the sector"},"content":{"rendered":"
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Top 8 Transportation Industry Trends in 2021<\/strong>
\nWith growing competition in the transportation sector, involved companies should deploy new existing technologies and extensively improve the quality of their services to remain in the business. In this article, we\u2019ll find out what are the current trends in the transportation industry and which upcoming winning strategies will lead the entire transport sphere in 2021?
\nShipping goods is\u00a0a\u00a0significant part of\u00a0the economy in\u00a0each country. According to\u00a0Statista, truck transportation\u00a0contributed<\/a>\u00a0more than $150 billion to\u00a0the\u00a0US nation\u2019s gross domestic product in\u00a02016. Solely FedEx, the leading freight transportation company, generated over $60 million of\u00a0revenue in\u00a0the same year. Logistics companies are mostly focused on\u00a0servicing an\u00a0E-commerce market. Fred Smith, a\u00a0founder of\u00a0FedEx,\u00a0forecasted<\/a>\u00a0this market to\u00a0reach the value of\u00a0nearly $2.4 trillion by\u00a02018 with its\u00a026% growth compared to\u00a02016.The key to\u00a0the success in\u00a0the transportation business<\/a>\u00a0is\u00a0offering the most cost-effective, flexible, and efficient services. That\u2019s why shipping companies should turn towards the most recent trends in transportation and follow the strategies that will help to outcompete the other market players. Let\u2019s get started.Trend #1: Cloud-Based Systems Adoption<\/strong>
\nOne of the biggest transport industry trends for 2021 is cloud-based systems adoption, since the platforms in the cloud force a software-as-a-service (SaaS) model which opens unlimited opportunities for companies scalability and innovative digital resources usage. It allows reaching higher profitability and exceeding the common returns of on-premise systems\u2019 capabilities.<\/p>\n

Trend #2: Integrated, Frictionless Travel<\/strong>
\nThe necessity to make travel more smooth and hassle-free is mostly manifested through the rise of mobility-as-a-service (MaaS).
\nHowever, the number of new trends in the transportation industry, combined and aimed at minimal stoppages or checkpoints result in this one key drift to integrated travel and transportation. The minor tendencies are optimization of the infrastructure, creation of the mobility hubs for multimodal transportation, building platforms for ticketless travel, and introduction of the innovations in micromobility and last-mile connections.<\/p>\n

Trend #3: Visibility and Anti-Theft GPS<\/strong>
\nToday E-Commerce, retail, and logistic companies are getting focused on the increased visibility, thus, tracking technologies adoption and adjustment for increased traceability are among the major driving trends in the transportation industry this year. Anti-Theft GPS, for instance, is a means to receive near real-time locations for entire fleets and separate items in transit. The extra security protocols will also help avoid losses across the board.<\/p>\n

Trend #4: Self-Driving Trucks<\/strong>
\nThe technology for self-driving trucks is still under perfecting and it has to overcome certain obstacles, such as improving driverless software to make it able to efficiently operate on urban roads with heavy traffic. However, it\u2019s one of the transportation future trends. In the long-term perspective, transportation businesses should prepare for upcoming technology changes within the industry and start equipping their trucks with self-navigating management systems that can \u00ablearn\u00bb from real drivers.
\nDue to\u00a0artificial intelligence (AI<\/a>) and myriad sensors, an AI-enabled vehicle can correctly evaluate road conditions and learn from how truck drivers behave under \u00abunusual\u00bb conditions on the road. Through vehicle-to-vehicle (V2V) communication, trucks can share the learned information and make other vehicles smarter. Besides, the 5G technology spreading will catalyze the adoption of self-driving fleets. In the long-term, these vehicles can potentially become better drivers than human operators.
\nIn\u00a0fact, this future is\u00a0even closer than it\u00a0can seem. Tesla\u2019s electric Semi truck have autopilot features which can greatly facilitate the driving process. Walmart, along with many other companies, such as\u00a0Pepsi, Asko, and Loblaw\u00a0confirmed<\/a>\u00a0having ordered Tesla Semi trucks for their commercial needs.<\/p>\n

Trend #5: Regulation Compliance<\/strong>
\nIt will be more correct to say that regulatory compliance is a must rather than one of the latest trends in transportation. Commercial transport companies should stay up-to-date on recent requirements and regulations adopted, changed, or removed by any local, state, or federal government. Whether they are regulations regarding electronic logbooks, overtime, or safety rules, timely monitoring regulations will always be a trend.<\/p>\n

Trend #6: Blockchain in\u00a0Logistics<\/strong>
\nBlockchain is one of those transformative technology trends in distribution and transportation, that shape the mobility in 2021 and beyond. One of the perspective use cases for the blockchain technology in trucking is ensuring the accuracy of performance history records. When a truck gets sold for the second time, potential customers may have questions about how this vehicle was used. Since blockchain transactions are immutable and transparent, all parties involved in a transaction can be sure that the information about the truck is trustworthy.
\nAnother perspective use of blockchain in transportation is capacity monitoring. The cost of transportation depends on cargo volume. The use of Internet-of-things (IoT) sensors can help determine the amount of space a particular cargo occupies. This data can be used to calculate the shipment cost. Storing this information into a blockchain-based system signed with a smart contract will allow self-executing payments on a base of the amount of space taken by the freight.<\/p>\n

Trend #7: Address Delivery<\/strong>
\nThe growth of E-commerce businesses leads to a rising demand for address deliveries. Providing better service means being more competitive. Heavy trucking businesses should consider adding a fleet of small vehicles to conquer a bigger piece of the market. Therefore, optimization of the last mile deliveries is one of the transport and logistics industry trends of 2021.<\/p>\n

Trend #8: Drone Delivery<\/strong>
\nWithin a last-mile delivery focus tendency among both retailers and transportation companies, some companies already deliver packages to the citizens and companies by drones. At the end of 2016, Amazon first delivered an order to its customer using a drone. This delivery was conducted in England within Amazon\u2019s new program called\u00a0Prime Air<\/a>\u00a0which implied that a customer could get a package in 30 minutes. After Amazon\u2019s success, various companies started investing in drone delivery to increase the cost-effectiveness of their business and customer experience as well.
\nIn the EON of COVID-19 the contactless address delivery became the most popular and required of all the present-day transportation industry trends. It motivated even more companies to turn their eyes to this delivery option and start adopting it.<\/p>\n

Our Experience<\/strong>
\nWe have recently fulfilled the project for a car order service. The client came to us with his business idea and vision, and the Stfalcon team helped him to identify the needs of the users, to study the mobile solutions of local competitors and market leaders, and to develop scenarios of application use.
\nWe also prepared screens design for the client and the driver, developed native apps for iOS and Android, created an API and a backend. In the process of development, we managed to create a complete set of flexible services for launching the new system on the market. This will allow the client to develop the business further and make the necessary alterations, optimizing, and scaling the system in the future.
\nEarlier we developed a service connecting cargo owners and cargo carriers in one system, in order to complete mutually beneficial transactions on transportation of grains and oilseeds\u00a0SmartSeeds<\/a>.<\/p>\n

Our company also dealt with crafting an online ticket sales service for\u00a0Busfor<\/a>. At the early stage, Stfalcon helped this company to enter the mobile market by creating apps for iOS and Android as fast as possible. As a result, the client got the system, which allows the users to purchase tickets for domestic and international travel online.
\nMore details about our projects for the transportation Industry can be found\u00a0here<\/a>.<\/p>\n

Final Thoughts<\/strong>
\nWith the increase in expenses of transportation companies (on fuel, auto parts, etc.) transportation companies should apply new methods and strategies to improve their efficiency and mobility. For the same purpose, they should go with the tides of modern transport industry technology trends, look ahead, and be ready to invest in equipping their fleet with smart devices and deploying modern technologies that facilitate deliveries.
\nStfalcon has been working with transportation companies for about ten years and we\u00a0have developed\u00a0numerous<\/a>\u00a0web applications for both cargo and passenger transportation businesses.<\/p>\n

You can\u00a0contact our experts\u00a0at any time, discuss your project-to-be, and get a professional consultation.
\nOur team, in its turn, is ready to bring your idea to life and develop a software solution for the transportation industry you need. We know for sure how to make your product efficient and cost-effective.<\/p>\n

To choose the right priorities for the successful development in the transportation segment in 2021, download Stfalcon\u2019s latest whitepaper\u00a0\u201cTransport Innovations: What Your Business Really Needs\u201d<\/strong>.<\/p>\n

Source:\u00a0The newest transportation industry trends in 2021 | Stfalcon.com<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Top 8 Transportation Industry Trends in 2021 With growing competition in the transportation sector, involved companies [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[29],"class_list":["post-966","post","type-post","status-publish","format-standard","hentry","category-nea","tag-2021-el"],"yoast_head":"\nTrends of Road Transports in Europe and growing competition in the sector - PHOENIX GLOBAL FREIGHT GROUP S.A. - Since 1991<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/phoenixglobalgroup.com\/el\/nea\/trends-of-road-transports-in-europe-and-growing-competition-in-the-sector\/\" \/>\n<meta property=\"og:locale\" content=\"el_GR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trends of Road Transports in Europe and growing competition in the sector - 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