About ninety percent of non-bulk cargo transported by sea worldwide is moved in standardized container boxes. As the volume of trade by containers increases annually, so does the need to more closely track the location and conditions of each container. With continuous technological advancements, it has been possible to connect these containers electronically with the rest of the supply chain using tracking devices that can monitor, process and communicate a large array of parameters.
Efficient trade logistics is a critical tool in effective trade facilitation. Boosting the supply chain performance can only be realized by enhancing procedures through the adoption of technology and by building smarter solutions to enhance the level of interconnectivity.