And in the 16 th century, there were no radio signals or satellites to help the people navigate. Global Trade and Logistics: Where it all began!Īs the trade routes opened up, so did the need for logistics. With trade routes clearly defined and with the country producing their finest resource and opening them up to the other parts of the world, international trade grew by a great margin. This was a time period when the global trade really took off. When we track the roots of worldwide trade, it takes us to the golden times of merchant era of the 16 th century. Global trade undoubtedly has a rich heritage, embedded within a rich history.
With more and more relaxations and easy transit routes that governments across the globe have agreed to, the trend in the business and trade sector has seen massive growth over the years. With the onset of technological advancements and globalization, the boundaries that once inhibited the progress and capabilities of trade across the state and international borders have minimized, thus creating a massive impact and scope for trade at a larger scale.
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