The future

Abstract

We speculate on the prospects for Global Logistics over the next 10–15 years. Three international transformations are emphasized :(1) Global trade will be enhanced, but often shifted to new regions (Asia, Africa). (2) Climate change will negatively affect ports and landside infrastructure, while possibly allowing faster transportation between Europe and Asia (through an Arctic Ocean that may become ice free). (3) Continued digital processing power, wireless communication and the internet will allow tracking of all logistical and transportation movements. Non-visible inventory will be the exception. Intelligent transportation technology, including next-generation air traffic control, will increase the efficient utilization of transport infrastructure. We offer considered opinions, backed by examples and references where we can, on the three main changes and others. Particular assumptions that we have made are highlighted throughout.