Drone delivery service provider Flytrex aims to slash last mile delivery emissions with its fully-electric drone delivery service.
E-commerce has dominated the headlines as the driver of an industrial property boom and bounteous rent growth. But in no way is e-commerce the only force generating the good times. Traditional warehouse users and third-party logistics companies have also been active in the market, and now manufacturers could be poised to contribute a bigger share to that growth, too.
Global logistics spending is expected to reach $10.6 trillion in 2020, with transportation accounting for the majority at 70 percent. Emerging technologies such as cloud computing, big data, and crowdsourcing, coupled with an influx of tech-savvy start-ups, are unbundling the value chain and transforming delivery models. Those are among the conclusions in Frost & Sullivan’s recent analysis, “Urban Logistics Opportunities—Last-Mile Innovation.”