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Summary of Obsolete tech is clogging up global trade. Here's how to unblock it

  • Outdated logistics systems are unable to keep up with increased demand for goods in the pandemic recovery.
  • Both trade's physical infrastructure and software systems are lagging behind.
  • Digital technology can increase freight efficiency in a myriad of ways.

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World Economic Forum
World Economic Forum
The international organization for public private cooperation. #wef21
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Global logistics companies, running to a surprising degree on brittle mainframe systems, siloed spreadsheets and even paper documents, are unable to keep up with rebounding demand for goods following last year’s lockdowns.
upply difficulties are no longer a problem for logistics providers alone, with all industries struggling to get merchandise to market.
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