Optimizing Logistics : Transportation Strategies and Alternative Future Fuel

Abstract

The logistics sector seeks to improve efficiency, reduce costs, and address sustainability challenges. The thesis investigates cutting-edge transportation tactics and how alternative fuels might completely transform logistics operations. The aim is to pinpoint crucial transportation strategies that can lower expenses and increase logistical efficiencies, such as automation, real-time tracking, and route optimization. To evaluate the viability and sustainability of potential future fuels in logistical operations, the study also explores electricity, hydrogen, and biofuels. The thesis assesses the financial and environmental effects of using these tactics and fuels through a mix of case studies and literature reviews. One of the case studies includes an examination of Maersk Line Company. The results demonstrate the possibility of large-scale emissions reductions of greenhouse gases, long-term cost savings from operations, and enhanced logistical performance. There are doable suggestions made by legislators and logistics firms to help facilitate the shift to more environmentally friendly and productive logistics methods. The study also points out gaps in literature and makes recommendations for future research directions in logistics optimization through innovative mobility and the use of sustainable fuels for the future of transportation.