Autonomous vehicles and AI coming to disrupt logistics industry, says chief

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The global logistics industry is "unsophisticated" and due for a major shake-up, according to the boss of a cargo-handling giant. Mika Vehvilainen, chief executive of Finnish company Cargotec, expects autonomous vehicles and artificial intelligence to disrupt the market in coming years. Speaking to City A.M. on a visit to London for the firm's capital markets day, he said: "If you look at the logistics industry, compared to many other industries, it is frankly quite unsophisticated. The level of digitalisation, automation… is still very low. "This industry will significantly change in the coming years.