The Upcoming 5G Rollout and It's Impact on Inland Freight
Technology continues to evolve at a rapid pace in the transportation industry. One of the most significant changes to impact the world of transportation is the introduction of 5G technology.
The use of 5G technology is only at its beginning stage of implementation, as companies work across the globe to provide 5G access to as many people as possible. This state of the art technology is expected to revolutionize many different industries and significantly impact inland freight.
What is 5G Technology?
5G technology will soon replace 4G LTE, as it is estimated to be at least 100 times faster than the current technology. These lightning-quick speeds open up countless opportunities to revolutionize the workplace, whether it is self-piloted vehicles or the use of AI technology to increase efficiency. A recent study suggests that the use of 5G technology will help support over $13 trillion of goods and services by the year 2035.
Here are a few ways that 5G technology will make a significant impact on the trucking industry.
The Rise of Automated Vehicles
Automated vehicles are always one of the main topics of next-gen technology. Many people have safety concerns regarding the use of automated vehicles. However, 5G technology can play a crucial role in the widespread use of automated driving in the trucking industry and other areas.
The use of onboard safety software will need to be utilized for automated fleets to become a central feature on the road. The rise of 5G technology can provide real-time analysis of road conditions and the activity of other drivers. Despite these technical advancements, most people do not expect the logistics industry to be entirely autonomous soon due to the lack of infrastructure.
Access to More Detailed Data
Another way 5G technology can impact the transportation industry is by giving drivers access to additional data to help improve safety. For example, sensors can provide additional data on the condition of their loads and offer early warnings for any potentially dangerous situations.
Instead of replacing the need for drivers, 5G technology can play an essential role in improving safety and reducing the chance of an accident.
Improving Supply Chain Management
The trucking industry is always looking at ways to improve supply chain management and maximize efficiency. The use of 5G technology has the potential to significantly impact logistics through the use of the Internet of Things (IoT). For example, each item of cargo is tracked by sensors throughout the entire journey.
This type of technology will reduce cargo theft while also providing real-time information that can help improve efficiency throughout the entire supply chain.
Enhancing Regulatory Compliance
Regulatory compliance plays a crucial role in improving safety on the road. However, some fleets will be forced to upgrade their existing technology to 5G capabilities unless the infrastructure is backward compatible with current 4G devices.
These additional upgrades will be able to track the behavior of drivers further and provide improved geolocation services even in the most remote locations.
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The rise of 5G technology offers exciting opportunities while also posing significant challenges to the trucking industry. Technology is rapidly changing and will have a significant impact on inland freight.
Cargobot is one of the leading companies that enables shippers and carriers to work directly in today's digital age of technology. Their simple-to-use platform opens a network of certified carriers across the nation. Learn more about how Cargobot is helping to lead the way in connecting shippers and carriers.