Please respond to each discussion with a 100 words and ask a question in the response. Post #1 DOMINIC TAYLOR
Maintaining security amid increasing technological advancements and globalization is
a prominent challenge in transportation and logistics (TLM). The rapid dependence on digital
systems and networks renders organizations vulnerable to cyber threats, data breaches, and
other forms of hacking, as Linkov and Kott (2018) outline. These issues arise due to inadequate
training, outdated protocols, or insufficient investments in appropriate technology. Possible
solutions include implementing robust cybersecurity measures, regular employee training, and
leveraging sophisticated technologies such as artificial intelligence (AI) or blockchain for
secure communication channels.
Another concern worth addressing is the persistent issue of funding in TLM. According
to Henderson (2019), expanding populations and economies make it difficult for existing
infrastructure to accommodate the growing demand. Consequently, transport networks
become congested, leading to a decline in efficiency and environmental sustainability. Public-
private partnerships (PPP) can effectively fund transportation projects, harnessing the private
sector’s expertise while maintaining public oversight (Albalate et al., 2015). In addition,
governments could explore alternative financing options like value capture financing or green
bonds for sustainable infrastructure.
Undoubtedly, enhancing security and resolving funding challenges are crucial steps for
ensuring the future stability and success of the TLM industry. By embracing cutting-edge
strategies in cybersecurity and exploring innovative financial mechanisms that promote
cooperation between the public and private sectors, we can navigate these complexities
effectively. As we adopt these solutions, we must be vigilant in continuously assessing our
successes and shortcomings to facilitate progress within the industry.
Project Update
Thanks to a detailed literature review covering the challenges and solutions in
transportation and logistics management, I have made significant progress on my project. This
assessment helped me understand the key issues and identify prospective resolutions to
optimize the supply chain and streamline processes.
As for the bells and whistles, I am excited to integrate compelling visual elements, such
as vibrant images, informative charts, and enlightening graphs, to elevate my presentation.
They will promote better comprehension and engage audiences, ensuring my project is
comprehensive and aesthetically pleasing.
References
Albalate, D., Bel, G., Bel-Piñana, P., & Geddes, R. R. (2015). Risk Mitigation and Sharing in
Motorway PPPs: A Comparative Policy Analysis of Alternative Approaches. Journal of
Comparative Policy Analysis: Research and Practice, 17(5), 481–
501. https://doi.org/10.1080/13876988.2015.1010788
Henderson, S. (2019). Outer metropolitan areas and infrastructure deficits: Policy dynamics
on the edge of Melbourne, Australia. Cities, 90, 24–
31. https://doi.org/10.1016/j.cities.2019.01.034
Linkov, I., & Kott, A. (2018). Fundamental Concepts of Cyber Resilience: Introduction and
Overview. In Springer eBooks (pp. 1–25). https://doi.org/10.1007/978-3-319-77492-
3_1
Post #2
John Davidson
Hello Class,
There are a few trends emerging in the transportation industry as there is continuous
improvement in the field. As Saka’s (2023), article mentioned the six trends for logistics are
digitalization, economic headwinds, sustainability, last-mile delivery, supply chain resilience, and
cybersecurity (n.p.). Economic headwinds and supply chain resilience have been topics of
discussion over the past few years since the supply chain went into focus. The economy is in
focus since it has been up and down quickly during the pandemic. The supply chain was in
focus when more products were moving than people working. The buss word was supply chain
since 2020. Now more companies are focusing on how to keep their supply chains moving
consistently and not run into months long delays at the ports. The economy is being constricted
by the tightening of money at the federal reserve and business activity. The focus will be on how
companies operate in this environment after borrowing costs go up and consumer spending
goes down. The logistics industry will be the first ones to feel the brunt of the pain when
companies slow their orders and logistical needs. Sustainability is a constantly mentioned trend
over the past decade as policy makers force companies to be more environmentally friendly.
They want all companies to be conscious of their waste and effects on the environment.
Sustainability will always be part of the topics for discussion when the industry is based on
consuming fuel to move products. Last-mile delivery is a competitive space that will continue to
be challenged. The last names FedEx, UPS, DHL, and Amazon dominate the space but there
are companies attempting to fill the gaps. Uber has put its foot in the package delivery space
and many other small companies are able to backfill the growing demand for business to
doorstep delivery. Digitalization and cybersecurity I highlighted in last week’s discussion of
security measures that have an ever-evolving cycle.
For my final project I added the CPI chart. This gives reference to where the economic
decisions are made for the Federal Reserve. This chart helps depict the highs and lows of the
economy as it is adjusted by the economy performance. I also adjusted my introduction and
conclusion for the literature review. I’m still working on adding discussions of the problems and
solutions for context.
Reference
Saka, S. (24 October, 2023) Six Trends For Shipping And Logistics Globally In 2024 And
Beyond. Forbes. Retrieved from:
globally-in-2024-and-beyond/?sh=f47f6135e204