How Digitisation Is Changing Bulk Shipping

The Does LogisticsMatter? Podcast is all about trends and innovations in supply chain and logistics. This episode features Henry Waterfield, Founder and CEO of Spot Ship.

Digitisation in Logistics

Logistics is getting more digital by the day. The logistics industry has always been a traditional industry that is often not among the early adopters of using new technology. This is slowly changing. Startups are trying to disrupt the industry with mixed results. Having a great idea and matching technology is one thing, but it is another to get logistics companies and logistics departments to implement your technological innovation.

One reason for the slow adoption is the commoditisation of logistics in the past decades. Logistics should always cost less and is often not rewarded for the value it adds to the products that it moves. Another reason is the change that is needed within organisations. Deciding to digitise is one thing, but aligning your internal organisation is another.

Digitisation in Bulk Shipping

Henry goes into more detail on the digitisation in bulk shipping, and we discuss how artificial intelligence is helping ship brokers choose suitable ships for their cargo. It can also bring down carbon emissions across the bulk shipping industry, a subject that is getting an increasingly important spot on the corporate calendar. We also discuss the future of bulk shipping and what innovations are around the corner.

Do you want to learn more? Listen to my conversation with Henry Waterfield by clicking one of the buttons below: