Global Supply Chain
International trade relies on moving containers, but the global demand for physical goods is dramatically outpacing infrastructure.
For everyday consumers, the limits of infrastructure coupled with rising demand mean rising costs, creating a vicious cycle of scarcity.
Infrastructure is out of date and without a logistics standard to act as a request-response protocol. As a result due there are supply chain issues and port bottlenecks along vital trade routes.
Without logistics standardisation the ecosystem must stitch trade networks together manually.
- Suppliers
- Drayage
- Ports
- Warehouses
- Buyers
The world's shipping infrastructure is starting to break
The key factor in growth of GDP via rapid globalization has been due to the pervasive adoption of containers and corresponding infrastructure
Between 1970 and 2018
- Total world exports increased more than 65 times
- $384 billion to $25 trillion
- Adjusting for inflation, total exports have grown 10 times
- Global GDP went from 14% to more than 30%
Opportunity:
The interplay between Bits to Atoms that makes the world go round. Standardization and more transparency will go a long way here, taking us from the pre-internet era to a post-internet era for shipping.
Like a packet of data, a container is just a box with an address
See Shipping for more.