Three Ways Logistics Companies Must Innovate to Dr
The global logistics industry is experiencing massive change. Disruptors are looking to fast forward the traditional industry into the 21st century. New technology tools including automation, mobile and cloud computing are on the rise. Competition is increasing as large multinational companies and manufacturers move beyond managing everything in house. They are now investing in their own global transport capability.
Richard Overton, CEO of X2 Group recently shared his thoughts on the changing landscape for today’s freight forwarders. X2 Logistics Network has over 500-members in more than 155 locations around the world. Overton shared three powerful trends that companies should track in order to grow their revenue in 2016 and beyond.
Increase in companies like Amazon taking over part or even total supply chain services. This is beyond Distribution Center deliveries to retail stores. These companies are now investing in their own global transport capability. This means their own planes, vessels and they will increasingly become carriers and control everything. We’re talking about the whole global supply chain where they will even sell space and services outside of Amazon’s existing domain.
Amazon Logistics
Drone deliveries will become a thing of the future. Even today in London you have delivery robots which will bring your fruit and veg straight to your door. Starship Technologies has built a small six-wheeled delivery robot or ‘ground drone’ (developed by the co-founders of Skype) which can travel at 4mph for up to 30 minutes and can deliver the equivalent of three bags of shopping.Starship Technologies ‘ground drone
Online Expedia style quoting on non out of gauge (or standard) shipments will be a thing of the future. Just click, type in your origin and destination, the weight and size and get the fastest and cheapest price. Automated pricing is slashing the time it takes to receive a quote. Companies who have more automation and more online services will be the ones that survive and grow..
Online Price Quoting
“This is the future,†said Richard. And for today freight forwarders have to be focused on added value services and specialty niche service offerings. AOG and any specialty requiring a brain will be customer-centric based revenue drivers. These are things that automation can’t replace with a simple quote and so they cannot be replaced easily by technology.
Member Testimonials
X2 always thrives on raising the bar when it comes to connecting people. X2 conferences are one of a kind! As the founding member, we are happy to be in X2 Elite and the X2 Projects Network.
"We believe in limiting memberships to a minimum and have found our home for projects as well as general cargo within the X2 family."
I've been in the business for over 30 years, I have never had or experienced such and effort by the management team of the network to get members to participate and make their membership work for them.
The professionalism and organisation shown from the X2 team totally blew us away.
Richard is an innovator, what I find great working with him is that he can see the future.
I was positively surprised from the amazing organization and specially the commitment of all X2 Team making this event incredible for everybody and in all complete fields.
We have to skip the networks that are founded only for the benefits of the founders Quality and not quantity.
We found the best way to build trust is to go to the conference and meet with people, talk to them and get to know them.
As a new member of the X2 Network, we are very impressed by the organization and its professionalism and focus on mutual business development. X2 has already given us some great opportunities to work with likeminded partners across the globe on both project and general cargo.
Great energy and drive throughout the X2 Team and high profile Network agents to complement each other’s business across the globe and help achieve positive results. Keep up the good work!
X2 is like a family! We have met so many amazing partners. There has been so much success with the relationships we have developed throughout the years and most importantly friendships that will last a lifetime. And we love the networks' reach!
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We have been a member of X2 since 2014 and have attended six conferences. Richard and his passion for the network with his enthusiastic team have arranged all the conferences perfectly considering every single detail. We made many friends and found new global partners to work with at the conferences. X2 is one of the good solutions for our needs and we hereby thank them for their efforts.
I have attended a lot of networks and annual meetings in the freight industry, but I have never come across a network like X2. This is another level. It is a pleasure to be a part of the X2 network - the professionalism, the attention to detail, the broad and knowledgeable staff - everything at the highest level.
X2 is really an excellent logistics network, with a well-organized team that is always thoughtful and helpful. We are happy with X2 and expect a long journey together.
"At X2 Network we found a group of partners that really want to build a long-term relationship. Companies are run by people that really care about your business and success. X2 Team has been really supportive and very active to develop new opportunities for your business''.
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X2 Conference
Our special networking event is about smart freight forwarders coming together to grow and develop business within the group by providing an opportunity for all members to gather in one place to form and extend personal relationships.
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