Leading Trends That Are Evolving The Transportation Industry In 2021

It is no secret that the only thing constant in today’s world is ‘change.’ Every industry needs to evolve, and the transportation industry can not be left behind. In this blog, we note down some major transportation industry trends happening all around the world.

 According to Statista, only truck transportation contributed more than $150 billion to the US economy in 2016. The contribution increases every passing year, and so does the competition in the transportation industry. 

 More and more establishments are trying to make their services cost-effective, flexible, and highly efficient. They are turning towards strategies that will help them trump their competitors and bring a paradigm shift in the industry. 

Continue reading to learn about the latest trends of the transportation industry that you will witness in 2021 and beyond. 

Emerging Transportation Industry Trends In 2021 And Beyond 

MAAS ( Mobility-As- a-service)

The MAAS approach has been gaining massive popularity over the past decade. Mobility-as- a service has enabled the transportation businesses to steer from privately owned fleets to integrated digital channels, which increase accessibility and streamline the demand and supply. Some of the most successful establishments of MAAS are uber, transit, and Lyft.

The reason behind the success of these models is evident. Modern consumers demand smoother and efficient travel and transportation services. The MaaS platform brings everything under a single umbrella and makes the travel process streamlined. It removes the hassle of changing channels while booking, traveling, and making payments. 

In a world that is constantly changing, MaaS has successfully earned its place in the transport industry.

Increased Safety Of Transported Goods 

Ensuring the safety of transported goods has always been essential for maintaining their credibility and building customer loyalty. But, in the current scenario, when the transportation industry is responsible for moving something as vital as vaccines, it is now literally a matter of life & death.

 Transport companies around the world are implementing tools and protocols to increase the safety of the transported goods. By adopting tracking technologies, these companies are focusing on increasing visibility and reducing the chances of theft. 

Along with tracking technologies, Anti-theft GPS is also gaining popularity. They allow transport businesses to track their fleet’s real-time location and separate items in transit. 

Electric Vehicles 

Electrical Vehicle

Though the visions of commercial and passenger electric vehicles are not brand new in the transportation market, 2021 is emerging to be a pivotal year for reviving those visions into reality. 

Industry experts have observed an increase in the EV sector, and one of the main reasons for this growth is a rise in the number of diverse vehicle options available in the market.

It is estimated that 30 vehicles from 21 brands will be launched in the market in 2021. A Plug-in-hybrid car is also expected to be released in 2021. This car can run both as a hybrid or a fully electric vehicle.

Self Driving Trucks 

Due to the boost of AI in the transportation industry, one of the hottest trends we will observe in 2021 and beyond is ‘driverless trucks.’ Even though it is a future trend, and the vehicles are still under development, all companies should start to equip their vehicles to match the upcoming transformation. 

With 5g and the innovation of intelligent sensors, self-driving cars are being prepared to operate on urban roads with heavy traffic. Tesla’s electric semi-truck has introduced autopilot features that can make the driving process incredibly efficient. Many commercial companies have confirmed their interest in ordering the Tesla semi-trucks for their business requirement. 

Blockchain in Logistics 

Blockchain technology’s influence on the transportation industry has been increasing for a few years, and it will continue to grow in 2021 and beyond. Blockchain technology revolutionizes the transportation and logistics industry in the following ways.

  1.  Blockchain-enabled platforms allow efficient management of documents on a shared distributed ledger and reduce the hassle of physical paperwork. 
  2. The entire blockchain network contributes to data validation, making all the transactions immutable and transparent to all parties involved. This helps the organizations to stay updated and make informed decisions.
  3. With a rise in the demand for same-day and one-hour delivery services, conventional tracking technologies will no longer scale. Blockchain technology provides an immediate and scalable solution for order tracking, authentication, and payment. 
  4. When a truck is sold for the second time, potential buyers have many questions about its history. With blockchain, the supply chain of truck parts and used trucks can be tracked on a digital ledger, making the entire process seamless. 

Regulatory Compliance 

More than current, regulatory compliance is a perpetual trend. It is not the latest trend in the transportation industry, rather a constant responsibility that companies have to abide by. All transportation companies should stay updated with local, state, and federal regulations, and they must be aware when these regulations are altered, removed, or new rules are introduced.

Whether they are regulations regarding safety rules, log-entries, human resource regulations, or something current like covid restrictions and border regulations, monitoring the rules will always be a trend for the ever-evolving transport industry.

Sustainable solutions 

The transportation industry often faces the collective ire of environmentalists, and businesses are criticized for extensive fuel and damaging the planet in the name of commerce. While the accuracy of such criticism is a debate for another time, one cannot deny that developing and implementing sustainable strategies is of paramount importance for the transportation industry. 

Switching to sustainable alternatives at a micro-level and introducing electric vehicles are the proper steps in the direction of ‘green modes of transportation, but more efforts are needed to achieve overall success. More and more companies are embracing environmentally friendly alternatives in 2021, and it is a priority for the entire industry to enforce sustainability at a large scale. 

 Door-To-Door Delivery 

According to studies, e-commerce businesses have grown by 44% since 2020 as in the pandemic and lockdown era, more and more consumers are ordering the goods online that they previously picked up from stores. Consequently, there has been a substantial increase in last-mile delivery. 

To facilitate door-to-door deliveries, big transportation companies should equip their businesses with smaller vehicles to conquer the market, optimizing address deliveries as one of the most rapidly growing trends in 2021. 

Drone Delivery

parcel delivery drone with yellow package flying in cloudy sky. future delivery concept

Owing to an increased focus on last-mile delivery, cost-effectiveness, and improved customer satisfaction, ‘drone deliveries’ are gaining popularity among retailers and transportation companies.

The first drone delivery was launched in 2016 by Amazon under its program Prime Air. Inspired by the success of Amazon’s 30-min delivery program, several companies started investing in drone deliveries. 

In the era of covid-19, the importance of contactless deliveries has become the safest mode of delivery, making drone deliveries a top trend in the year 2021. 

Conclusion

The pandemic has disrupted various sectors of the economy, and like many other industries,’ the transportation sector is undergoing a revolution in the ‘New Normal.’ 

All transportation companies focus on improving their services and reducing costs by deploying modern technologies and efficient strategies. 

By following these trends and taking advantage of advanced strategies, transportation companies can lead the industry towards progressive transformation.


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