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Challenges in transportation and logistics

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What are the 7 biggest challenges in the logistics industry and how to overcome them?

What are the current global logistics issues? The current global issues in logistics revolve around the burden of skyrocketing fuel costs, laborious paperwork and a lack of transparency into their day-to-day activities. According to recent surveys conducted to identify the challenges in transportation and logistics, the following metrics were observed: Moreover, the survey conducted by Statista in 2020 reveals that challenges in last mile delivery and empty miles are becoming a common disruption in logistics and needs solutions in terms of reducing logistics costs (35%), making on-time deliveries (21%), and responding to last-minute changes (16%). However, these are just a few of the challenges in logistics and supply chain management. How technology helps to overcome the challenges in the logistics industry?  According to a survey conducted by Forbes, an overwhelming majority (65%) of business executives in the logistics, transportation and supply chain industries have observed tremendous changes in their industry’s processes. Moreover, the survey states, 50% of companies believe that technological advancements have a strong impact on the supply chain, logistics, and transportation operations. For instance,  This is a significant shift in terms of technology adoption and integration into the industry to counter the current global logistics issues in order to streamline operations for better productivity and cost reduction.  7 biggest logistics problems and solutions and how to overcome them? Why is Axlerate the best solution for challenges in logistics? Axlerate provides a unified digital logistics management platform with transportation management solutions to overcome challenges in transportation and logistics. Axlerate helps to simplify tolls, fuel purchases, fleet expenses, loans, insurance, escrow, payments, truck booking, fleet management and the buying and selling of logistics products and services. Let’s Wrap Up! The challenges in logistics and supply chain management results in high costs, fragmented operations and less productivity. The current global logistics issues revolve around toll transactions, multiple expenses, financial assistance, empty miles, product availability, real-time visibility and payments. However, these challenges in transportation and logistics can be overcome with technological solutions. Axlerate provides a unified fleet management platform for current global logistics issues by leveraging logistics and transportation technology backed by fintech solutions. 

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Introducing Axlerate: The comprehensive solution for unified logistics management platform

What are the biggest challenges in transportation and logistics? As a highly fragmented industry, challenges in transportation and logistics include problems faced by logistics owners, fleet managers and truck drives. Logistics owners often find it difficult to manage and monitor their day-to-day operations without real-time visibility and automation. Fleet owners have to spend a lot of time and effort on administrative tasks like managing fleet movement and expenses. Truck drivers often have to cope with long hours, hazardous routes, poor weather conditions, vehicle maintenance and lack of necessary facilities while on the road. Therefore, a unified logistics management platform will counter these challenges in a single place. Why does the industry need a unified logistics management platform? Though there are many great logistics and transportation management solutions developed by supply chain and logistics technology in the market, they vary greatly in scope and come from different vendors. This can make it difficult for logistics owners, fleet managers and truck drivers as they have to depend on multiple vendors from different places to meet all their logistics needs. That is why, there is a need for a unified digital logistics management platform to streamline operations and transactions all in one place. How Axlerate will be the best solution for a unified logistics management platform? There is a need for a collaborative and comprehensive platform to accommodate all the varied and relevant solutions needed to streamline operations and expense management to counter challenges in transportation and logistics. Axlerate is a unified platform that focuses on making things easier for logistics owners, fleet managers and drivers to save time and money.  What are the benefits of using Axlerate to counter challenges in logistics? Axlerate provides logistics and transportation management solutions where all fleet-related operations, receivables and payments can be processed or managed from a single dashboard. Axlerate products include AxleTags, AxleCards, AxleFinance, AxleDrive, AxlePay, AxleDirectory and AxleMarketplace. Our efficient range of products help to simplify tolls, fuel purchases, fleet expenses, loans, insurance, escrow, payments, truck booking, fleet management and the buying and selling of logistics products and services. Let’s Wrap Up! Challenges in transportation and logistics involve complex operations and payment systems as it is a highly fragmented industry. Though there is a considerable amount of supply chain and logistics technology available in the market, it is distributed among many vendors and logistics owners, fleet managers and truck drivers have to reach out to multiple vendors and resources to meet their varied needs.  Therefore, a unified logistics management platform will meet all the needs in a single place. Axlerate is a unified digital logistics management platform to unify all fleet-related operations and expenses. Our solutions help to simplify tolls, fuel purchases, fleet expenses, loans, insurance, escrow, payments, truck booking, fleet management and the buying and selling of logistics products and services.

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