The wave of technological innovation is sweeping the world off its feet. It is impacting every other industry and transforming at an unprecedented rate. The emergence of these high-performance innovations is creating strong ripples even in the logistics sector all around the world. Factors such as digitalization, constant urbanization and cut-throat competition have encouraged new entrants in the logistics industry to incorporate newer business models to deliver advanced logistics platforms and effective logistics services. Realizing the vital role of technology in enhancing productivity and consumer satisfaction levels, a majority of fleet owners today are seeking for logistics tech that can help them get a competitive edge over their contemporaries. This increase in the demand for tech-based solutions for optimizing and enhancing logistics operations is resulting in the mushrooming of innovative and independent startups that offer the solutions for a multitude of industry-specific needs.
The need to integrate business processes and technologies is greater than ever before as indicated by the rapid adoption rates of innovative logistics solutions. The emergence of blockchain technology in the logistics industry is one of the most prominent logistics trends gaining traction as it can increase the efficiency and transparency of supply chains.
In this edition of Logistics Tech Outlook, we are glad to feature renowned companies such as FreightVerify, Exelot, Deliver-EZ, and more who are at the forefront revolutionizing the logistics space through their solutions by providing real-time visibility, cost-savings opportunities, and intelligence. With several innovative technological capabilities and success stories up its sleeves, these startups are constantly proving its mettle in the field of logistics tech.
We present to you Logistics Tech Outlook’ “Top 10 Logistics Tech Startups — 2019.”