A Review on Shipment Tracking Technologies on Game Changers in Maritime Logistics

A Review on Shipment Tracking Technologies on Game Changers in Maritime Logistics

Ravishankar S. Ulle, S. Yogananthan, V. Vinoth Kumar, V. Navaneethakumar
Copyright: © 2024 |Pages: 12
DOI: 10.4018/979-8-3693-5951-8.ch006
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Abstract

Shipping services are crucial to product transit, especially with the rise of online commerce. Postal services and package delivery utilize automotive assets and other logistical resources as key operational instruments. However, the shipping business has several operational challenges, including fuel price volatility, complex tax regimes, and growing client bases. These obstacles hinder shipping businesses' operations, potentially causing delays, lost goods, and service disruptions. Operating errors can lead to consumer discontent and, in extreme circumstances, attrition. Integrating cutting-edge technologies may help shipping businesses overcome these issues and improve operational efficiency. One option is to create a robust tracking system. Such a method might significantly reduce resource use and boost client satisfaction. These factors highlight the necessity for academic research in shipping services to advance the area and introduce new solutions to suit commercial demands.
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Literature Review

The cornerstone of success for shipping companies today is building and maintaining the trust of their customers. Achieving this trust is intrinsically tied to the careful and dedicated tracking of package shipments. Shipping firms are acutely aware that to stay competitive and meet the evolving demands of the market, they must continuously explore and implement new technologies to enhance their operations and streamline their delivery processes (Farooq et al., 2016).

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