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Top Challenges Faced by Logistics Industries | LOTUS Containers

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From long down the history, the logistics industry has been known to be acknowledged with various challenges. But it has more or the less has helped them to discover new techniques that have made it more efficient than before. In the present era of global economics, logistics play a key enabler in facilitating global trade with lots of ease and convenience. The industry itself is complex and dynamic, thus exhibit various challenges that reduce its efficiency and cause hindrance in everyday activities. Logistics play a potent role in boosting a country's economy by facilitating domestic and international trade and, by extension, ensuring a successful business operation. With increasing competition, the numbers of freight forwarding companies have dramatically increased over the years. But companies still confronted various challenges in playing logistics operations.  However, some topmost factors like varying customer demands, complicated business models and increasing clien...