As e-commerce continues to grow, causing supply chains to evolve and become more complex, the ability to move goods in a safe, compliant and efficient manner has become increasingly important (and difficult). This is especially true when it comes to shipping highly regulated dangerous goods (DG), such as lithium batteries.
The use of lithium batteries (which power laptops, cell phones, medical equipment, power tools and more) continues to grow, with the lithium-ion battery market projected to exceed $94 billion by 2025. This growth brings with it stricter rules and harsher noncompliance penalties pertaining to lithium battery shipments, in turn creating new challenges for companies that manufacture and distribute lithium batteries (and the technologies that rely on them).