Digital Transformation in Cross-Border Trade Logistics
Abstract
Digital transformation has revolutionized cross-border trade logistics, fundamentally altering how goods move across international boundaries. This study examines the implementation and impact of digital technologies in international trade logistics, focusing on blockchain, artificial intelligence, Internet of Things (IoT), and automated systems. Through analysis of data from major shipping routes and logistics hubs, this research identifies significant improvements in efficiency, transparency, and cost reduction. The findings reveal that digitally transformed logistics systems reduce processing times by up to 40% and operational costs by 25%, while enhancing supply chain visibility and regulatory compliance. This paper provides insights into best practices for digital adoption and addresses challenges facing logistics providers in the digital age.
How to Cite This Article
Amanda Lewis (2020). Digital Transformation in Cross-Border Trade Logistics . International Journal of Foreign Trade and International Business Upgradation (IJFTIBU), 1(1), 14-16.