Artificial Intelligence and Future of the Construction Industry

How To Approach Electric And Autonomous Fleets

Is transportation ready for a driverless future? There is no way of getting around the fact that the way we move freight is going to change. Startup companies around the world are working on developing and refining battery-powered, autonomous trucks at this moment. We must ask, will transportation and logistic businesses adapt to survive a new disruption? Let’s take a look at some of the hard questions, big ideas, and possibilities that all logistics companies must start thinking about today.

On the Horizon

Advances in technology have made improvements in the past decade, which includes industry staples such as GPS systems. Also, smart route navigational tools have improved delivery times and reduced fuel waste. The industry is now dependent on similar technologies to move freight around the world. Technological dependence will only grow deeper as improved technology is developed and tested with real-world scenarios. By 2040 logistic companies may only be as strong as their partnerships with suppliers of electric fleets.

The elephant in the room implies driverless trucks that are coming; however, we don’t know when the shift will happen in a redefining way. A driverless trend is something that receives lots of hype in the world of tech and media. Tech meets reality when companies must make a strategic investment to lead and hedge towards embracing an adaptation of an industry that heavily relies on human drivers for delivery operations.

In an early stage of industry change, smaller logistics firms or delivery services may strategize their cashflows by waiting to switch to autonomous vehicles. Nonetheless, even large companies have to hedge, strategize, plan when thinking of adapting their operations when it comes to a switch from human drivers to autonomous vehicles. The reality is that the industry is too fragmented; however, companies with internal logistics operations may have the advantage to optimize first.

Therefore, internal analysis, readiness assessments, and numerous other frameworks will be crucial when companies are strategically planning towards embracing new autonomous technologies. Strategic planning will allow the first major logistics company to make the switch to a fully automated fleet, which may trigger a competition that could leave the industry nearly unrecognizable. Moving forward, a completely new player could end up on top when the race comes down to developing the best freight-moving technology.

Stages of Change

We won’t wake up one day to discover that all of the trucks on the road are now fully autonomous. The transition period can involve using both drivers and automated technology during freight hauls. We may see companies utilizing autonomous technology for long-haul portions of a route. Nevertheless, starting miles and ending miles of trips may require human driver interaction by new safety guidelines. This type of strategy can increase efficiency, reduce costs, and a steppingstone for legal approval without doing away with the precision that is necessary at the start and end of a journey.

 

 

 

 

 

 

 

 

 

The Roles of Drivers

Drivers are understandably suspicious of any move to autonomous vehicles. People in leadership roles at freight and logistics companies need to take seriously the task of creating trust as reskill investments as an interest in autonomous vehicles spikes. The fact is that the roles of many drivers will change. There will be opportunities for drivers to shift towards opportunities that involve operations and improving technology. The logistics industry is going to continue toward increasing sustainability, efficiency, and speed of delivery options while keeping costs down. Improving fundamentals will require a careful marriage between human-power and technology. Creating an engaged workforce that embraces organizational changes requires leaders that are willing to help employees to imagine and embrace new roles that the logistics industry of the future will demand.

How a Thirst for Sustainability and Efficiency Will Drive Change
The thirst for sustainable, efficient options in the logistics industry will help to shape what’s coming next. Barriers such as prohibitive purchase prices, lack of infrastructure around the globe, and lack of available fleet products are creating an uphill battle for logistics companies that want to go green. An electric future offers the benefits of reaching environmental goals and achieving lower overhead costs. That thought alone should take some of the fear out of the idea of an electric future.

Final Thoughts on the Future of Fleets

Progress in the logistics industry is going to look a lot like disruption as companies make the transition to autonomous vehicles and electric options. Companies need to anticipate new government regulations; future fuel costs and climate issues could speed up the need to find more sustainable methods for moving freight. Leaders should be taking advantage of the gradual transition to optimize their operations and strategize to be ahead in their industry.

How To Approach Electric And Autonomous Fleets

Is transportation ready for a driverless future? There is no way of getting around the fact that the way we move freight is going to change. Startup companies around the world are working on developing and refining battery-powered, autonomous trucks at this moment. We must ask, will transportation and logistic businesses adapt to survive a new disruption? Let’s take a look at some of the hard questions, big ideas, and possibilities that all logistics companies must start thinking about today.

On the Horizon

Advances in technology have made improvements in the past decade, which includes industry staples such as GPS systems. Also, smart route navigational tools have improved delivery times and reduced fuel waste. The industry is now dependent on similar technologies to move freight around the world. Technological dependence will only grow deeper as improved technology is developed and tested with real-world scenarios. By 2040 logistic companies may only be as strong as their partnerships with suppliers of electric fleets.

The elephant in the room implies driverless trucks that are coming; however, we don’t know when the shift will happen in a redefining way. A driverless trend is something that receives lots of hype in the world of tech and media. Tech meets reality when companies must make a strategic investment to lead and hedge towards embracing an adaptation of an industry that heavily relies on human drivers for delivery operations

In an early stage of industry change, smaller logistics firms or delivery services may strategize their cashflows by waiting to switch to autonomous vehicles. Nonetheless, even large companies have to hedge, strategize, plan when thinking of adapting their operations when it comes to a switch from human drivers to autonomous vehicles. The reality is that the industry is too fragmented; however, companies with internal logistics operations may have the advantage to optimize first.

Therefore, internal analysis, readiness assessments, and numerous other frameworks will be crucial when companies are strategically planning towards embracing new autonomous technologies. Strategic planning will allow the first major logistics company to make the switch to a fully automated fleet, which may trigger a competition that could leave the industry nearly unrecognizable. Moving forward, a completely new player could end up on top when the race comes down to developing the best freight-moving technology.

Stages of Change

We won’t wake up one day to discover that all of the trucks on the road are now fully autonomous. The transition period can involve using both drivers and automated technology during freight hauls. We may see companies utilizing autonomous technology for long-haul portions of a route. Nevertheless, starting miles and ending miles of trips may require human driver interaction by new safety guidelines. This type of strategy can increase efficiency, reduce costs, and a steppingstone for legal approval without doing away with the precision that is necessary at the start and end of a journey.

 

 

 

 

The Roles of Drivers

Drivers are understandably suspicious of any move to autonomous vehicles. People in leadership roles at freight and logistics companies need to take seriously the task of creating trust as reskill investments as an interest in autonomous vehicles spikes. The fact is that the roles of many drivers will change. There will be opportunities for drivers to shift towards opportunities that involve operations and improving technology. The logistics industry is going to continue toward increasing sustainability, efficiency, and speed of delivery options while keeping costs down. Improving fundamentals will require a careful marriage between human-power and technology. Creating an engaged workforce that embraces organizational changes requires leaders that are willing to help employees to imagine and embrace new roles that the logistics industry of the future will demand.

How a Thirst for Sustainability and Efficiency Will Drive Change
The thirst for sustainable, efficient options in the logistics industry will help to shape what’s coming next. Barriers such as prohibitive purchase prices, lack of infrastructure around the globe, and lack of available fleet products are creating an uphill battle for logistics companies that want to go green. An electric future offers the benefits of reaching environmental goals and achieving lower overhead costs. That thought alone should take some of the fear out of the idea of an electric future.

Final Thoughts on the Future of Fleets

Progress in the logistics industry is going to look a lot like disruption as companies make the transition to autonomous vehicles and electric options. Companies need to anticipate new government regulations; future fuel costs and climate issues could speed up the need to find more sustainable methods for moving freight. Leaders should be taking advantage of the gradual transition to optimize their operations and strategize to be ahead in their industry.

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