The role of big data analytics in transport and logistics companies

Data analytics has come up as one of the major developments that affect many industries such as the transport and logistics industry, by helping them to make informed decisions. This is because the transport and logistics industry has become more and more complex over the years. The changing dynamics of the global industry impact the profitability of the companies in this industry. Thus more and more trucking companies in Canada are looking to incorporate this particular feature into their work process. One such company is Ajit Transport Inc (ATI), which has been upgrading its technology to keep up with the latest trends. In this blog, we will discuss the different ways in which big data analytics is positively impacting the logistics industry. These are as follows: 1. Predicting supply and demand By effectively tracking the available pool of data, transport and logistics companies can make predictions about supply and demand and hence improve the management of shipment a...